Vietjet Aviation Joint Stock Company · HOSE:VJC
Vietjet Aviation Joint Stock — Q1 2022 Earnings Presentation
27 slides from Vietjet Aviation Joint Stock's earnings presentation, 2022
Slide 1: VietJet Aviation Joint Stock Company Company Management Presentation Q1/2022
VietJet Aviation Joint Stock Company Company Management Presentation Q1/2022
Slide 2: Disclaimer
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE, ITS ACCURACY IS NOT GUARANTEED AND IT MAY NOT CONTAIN ALL MATERIA
Slide 3: Agenda
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Agenda A COMPANY & MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 4: Company Overview
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Company Overview Business Description Route Network & Operating Statistics Commenced operations in 2012, and has grown rapidly to become One of the leading market share (3) Operating Stats Q1.2022 FY2021 the lar
Slide 5: Vietnam is backed by strong fundamentals
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Vietnam is backed by strong fundamentals Strong economic growth and favourable demographic structure support LCC market in future years Highest real GDP per capita CAGR (2021-2026F) in the region Large populatio
Slide 6: The ASEAN's High Potential Middle-Income Segment
The ASEAN’s High Potential Middle – Income Segment Vietjet as an LCC aims at targeting the emerging middle-class segment of the ASEAN region Change in no. Number of households by annual income of households 36mn 46mn 11mn new high and upper- High (>USD 25K) +3M middle income households Developed mar
Slide 7: Improving airport infrastructure with more destinations
Vietnam Airport Infrastructure Improving airport infrastructure with more destinations Airport Masterplan 2014 2020 2030 Lao Cai Airport (Cam Con Commune) # of Airport 22 26 N/A Passenger Capacity Dien Bien Phu Airport Noi Bai International Airport (Hanoi) 51 62 - 106 132 (million pax) Nà Sản Airpor
Slide 8: Dominant growth in airline take offs and inbound tourism pre-Covid-19 in the region
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Dominant growth in airline take offs and inbound tourism pre-Covid-19 in the region Strong airline take-offs performance in Asia Pacific Remarkable inbound tourism growth in SEA Historical number of airline take
Slide 9: Allowing air travel to become a more accessible and efficient mode of transportation
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Allowing air travel to become a more accessible and efficient mode of transportation Air travel is the most efficient means of transportation in Vietnam Travel is substantially faster and more efficient by air c
Slide 10: Domestic market leader in Vietnam with strong government support
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Domestic market leader in Vietnam with strong government support Largest airline in Vietnam 2012-YTD2022 (1) “Viet Nam regards the private sector as a development force” –Mr. Nguyen Xuan Phuc, Prime Minister Key
Slide 11: Agenda
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 12: Key highlights
rgest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Key highlights • Vietjet reports its airline and consolidated revenue in Q1.2022 reached VND 3,340bn and VND 4,522bn, increased by 17% and 12%, respectively compared to the same period last year. • Airline and con
Slide 13: Agenda
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 14: Operating Statistics
Largest domesc airline in Vietnam, the fastest growing aviation market in Asia Pacific Operating Statistics Pax Carried: 3.0mn passengers in Q1.2022 Sector flown (thousands) Passengers transported (mil.) Operated an extensive network of 60 routes in Q1.2022 Vietjet operated a total of 20,000 flights
Slide 15: Young, modern and commercially competitive fleet
Young, modern and commercially competitive fleet, with flexibility to reschedule contracted aircraft orderbook A321neo ▪ A321neo has the new engine option (NEO) ▪ Incorporating Airbus’ “Sharklets” and two new engine choices, the A320neo family offers maximum benefit with minimal changes from baselin
Slide 16: Route network map
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Route network map Source: Company Information 15 Source: Company Information. As at August 31st, 2018 Vietjet operates 101 routes out of which 38 domestic and 63 international routes
Slide 17: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 18: Sustainable ratios performance
Financial Results Sustainable ratios performance Unit: billion VND Revenue - airlines Profit after tax - airlines 3,340 110 40 2,845 Q1.21 Q1.22 Q1.21 Q1.22 Revenue – consol. Profit after tax – consol. 4,522 244 123 4,049 Q1.21 Q1.22 Q1.21 Q1.22 Source: Company information 17
Slide 19: Sustainable ratios performance
Financial Results Sustainable ratios performance Unit: billion VND Total Asset – consol. Total Liabilities – consol. 41,091 58,202 34,799 51,654 31.12.2021 31.03.2022 31.12.2021 31.03.2022 Total Equity – consol. Liabilities* to Equity – consol. 17,111 1.7 1.3 16,854 31.12.2021 31.03.2022 31.12.2021
Slide 20: Cost, cost & cost! A strong focus on cost
Cost, cost & cost! A strong focus on cost 19
Slide 21: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 22: Offering the best value to customers
Products and Services Offering the best value to customers UPGRADE EXISTING SERVICES AND LAUNCH NEW SERVICES TO CUSTOMER Partner with HD Insurance Partnering with HD Insurance to offer the “Fly Safe” insurance free for all passengers flying on its domestic flights. With the insurance, each passenger
Slide 23: Typical events of the Q1 2022
Typical events of the Q1 2022 Signing an agreement with Lufthansa Technik to adopt AVIATAR’s Technical Logbook, the seamless digital pilot-to-maintenance collaboration application. The application will be equipped on Vietjet’s entire fleet to replace manual and paper-based process of capturing techn
Slide 24: Continue to excel in operations, proven through various prestigious awards
Awards Continue to excel in operations, proven through various prestigious “The Operating Lease Deal of the Year” by Airfinance Journal World’s Top 10 Safest & Best Low-cost Airlines by Airlines Ratings; The Low-Cost Carrier of the Year’ for cargo transportation by Payload; Top 50 Leading Vietnamese
Slide 25: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 26: Target to position Vietjet as a high profile "Consumer Airline"
Strategy and future plans Target to position Vietjet as a high profile “Consumer Airline” Vietjet continues its mission of operating and developing a wide network of domestic and international routes. In 2021, Vietjet will focus on serving passengers, commit to providing customers with outstanding s
Slide 27: Thank you
Thank you Restricted Information and Basic Personal Data
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