Air Arabia PJSC · DFM:AIRARABIA
Air Arabia PJSC — H1 2010 Earnings Presentation
13 slides from Air Arabia PJSC's earnings presentation, Oct 11, 2010
Slide 1: Investor Presentation H1 2010
Air Arabia PJSC Investor Presentation H1 2010 -1-
Slide 2: Disclaimer
Disclaimer Information contained in this presentation is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the company. Neither we nor our advisors make any representation regarding, and assumes no responsibility or liability
Slide 3: Highlights
Highlights • Air Arabia is a National Carrier of UAE based in Sharjah, and founded by Sharjah Government in 2003. • Air Arabia is the first and largest low-cost carrier in MENA. • 44 A 320 Aircraft on order RPK - 4.4 Billion (2009 – 4.0 Billion) ASK - 5.4 Billion (2009 – 5.0 Billion) Passengers carr
Slide 4: Recent Awards
Recent Awards • Best Managed Company in the Middle East by Euro-Money • ‘Middle East’s leading low-cost airline’ by World Travel Awards • Sharjah Economic Excellence Gold Category Award.
Slide 5: Experienced Management Team
Experienced Management Team GROUP CHIEF EXECUTIVE OFFICER Adel Ali GROUP HEAD OF GROUP HEAD OF NETWORK HUMAN RESOURCES Harish Kutty Rachel Abraham GROUP HEAD OF GROUP HEAD OF CORPORATE AFFAIRS COMMERCIAL SUPPORT Abdelrahman Bin Taliah Mohammed Mahmood COO – UAE GROUP DIRECTOR GROUP DIRECTOR GROUP DI
Slide 6: Air Arabia Group Network
Air Arabia Group Network Air Arabia Maroc Network -6-
Slide 7: Performance: High Utilization & High Reliability
Performance: High Utilization & High Reliability Consistently Achieved the Highest Level of Aircraft Utilization in the A320 Family Source: Airbus YTD we have achieved a flying time per aircraft of over 14 hours per day with more than 99% reliability -7-
Slide 8: Passengers and Aircraft
Passengers and Aircraft * Air Arabia Group Number of Destinations Fleet Size 70 65 59 60 30 25 23 50 44 21 37 20 40 32 16 30 23 15 11 15 10 8 20 5 5 5 3 10 0 0 2003 2004 2005 2006 2007 2008 2009 H1 2004 2005 2006 2007 2008 2009 H1 2010 2010 Total Passengers Geographic Distribution 6,000 5,000 4,066
Slide 9: Historical Financial Performance (Group) H1 2010
Historical Financial Performance (Group) H1 2010 Revenues Gross Profit Gross Profit (AED 000) Revenues (AED 000) 2,500 2,066 1,972 500 25.9% 19.1% 18.2% 30.0% 394 2,000 400 358 25.0% 318 % Margin 1,500 1,283 15.8% 17.4% 20.0% 967 300 12.5% 1,000 749 200 130 9.1% 15.0% 411 65 88 10.0% 500 192 100 24
Slide 10: Revenue vs Cost per passenger (Group)
Revenue vs Cost per passenger (Group) FY 2010 Cost/Passenger – H1 2009 Vs. H1 2010 Cost/Passenger – Excluding fuel 284 434 270 417 Cost/ Passenger (AED) Cost/Passenger (AED) H1 2009 H1 2010 H1 2009 H1 2010 4% Y-o-Y Increase 5% Y-o-Y Decline Revenue/Passenger – H1 2009 Vs. H1 2010 472 451 Revenue/Pas
Slide 11: Operating Statistics (Airline)
Operating Statistics (Airline) H1 2004 2005 2006 2007 2008 2009 2010 Number of Aircraft 3 5 8 11 16 21 23 Average Aircraft 3.0 4.9 6.0 9.5 14.5 17 22 Destinations 15 23 32 37 44 45 65 Number of Passengers in Millions 0.6 1.1 1.7 2.7 3.6 4.1 2.2 RPK (Billions) 1.2 2.5 3.7 5.0 7.1 8.5 4.4 ASK (Billion
Slide 12: Joint venture revenues growing
Joint venture revenues growing 2008 2009 H1 2010 SAS 60m 82m 42m Alpha Flight Catering 25m 27m 15m SATA 6m 11m N/A Cozmo 6m
Slide 13: Investor Relations Contact
• Investor Relations Contact: – investorrelations@airarabia.com – +971-6-5088977 – www.airarabia.com