Air Arabia Pjsc · DFM:AIRARABIA
Air Arabia Pjsc — Air Arabia — H1 2023 Earnings Presentation
21 slides from Air Arabia Pjsc's earnings presentation, Nov 11, 2023
Slide 1: Results Presentation Q2 / H1 2023
RESULTS PRESENTATION Q2 / H1 2023
Slide 2: H1/Q2 2023 in Focus
Classification: Internal H1/Q2 2023 IN FOCUS
Slide 3: Strategic Summary – H1 2023
Classification: Internal STRATEGIC SUMMARY – H1 2023 ▪ Air Arabia showcases remarkable growth with solid Q2 and H1 results reinforcing its exceptional performance. ▪ Despite a changing macroeconomic and geo-political environment, Air Arabia maintains a strong focus on cost control measures. ▪ Q1’s s
Slide 4: Financial Review H1/Q2 2023
Classification: Internal FINANCIAL REVIEW H1/Q2 2023
Slide 5: Key Performance – H1 2023
Classification: Internal KEY PERFORMANCE – H1 2023 (AED Millions) 2023 2022 Change % Pax (m) 4.8 3.62 1.18 33% LF % 81% 79% 2% 2% Revenue (m) 2825.5 2242 583 26% Operating Profit / (Loss) 683.5 441.6 241.9 55% Operating Profit / (Loss) Margin % 24% 20% 4% Net Profit / (Loss) 800.9 450.9 350 78% * Pa
Slide 6: Key Performance – Q2 2023
Classification: Internal KEY PERFORMANCE – Q2 2023 (AED Millions) 2023 2022 Change % Pax (m) 2.29 1.86 0.43 23% LF % 76% 79% -3% -4% Revenue (m) 1396 1114 282 25% Operating Profit / (Loss) 382.2 160.8 221.4 138% Operating Profit / (Loss) Margin % 27% 14% 13% Net Profit / (Loss) 459.4 160 299.4 187%
Slide 7: Balance Sheet – H1 2023
Classification: Internal BALANCE SHEET – H1 2023 (AED Millions) H1 2023 YE 2022 Change % Assets Non-Current Assets 8,564 8,805 -241 -2.7% Current Assets 5,919 5,632 287.2 5.1% Total Assets 14,483 14,437 46 0.3% Liabilities & Equity Non-Current Liabilities 3,416 3,735 -318.5 -9% Current Liabilities 4
Slide 8: Cash Generation
Classification: Internal CASH GENERATION Cash & Bank Retained Earnings / (Accumulated Losses)
Slide 9: Fleet Status H1 2023
Classification: Internal FLEET STATUS H1 2023
Slide 10: Current Fleet
Classification: Internal CURRENT FLEET Airbus A320ceo Airbus A321 neo LR 62 Aircraft in service 9 Aircraft in service Fleet Allocation / Current 34 Sharjah 10 Abu Dhabi 120 Airbus A320 family aircraft on 09 Morocco 02 Armenia order with delivery starting in 2024. 04 Egypt 03 Pakistan
Slide 11: Outlook
Classification: Internal OUTLOOK ▪ Changing macroeconomic and geo-political challenges continue to impact global economy. ▪ We remain focused on enhancing operational efficiency while effectively managing costs. ▪ Ongoing commitment to fleet expansion, launching new routes, and increasing frequencie
Slide 12: Appendix
Classification: Internal APPENDIX
Slide 13: Route network map
St. Petersburg ——— | Yekaterinburg Almaty Tashkent BShkek © Namangan “delhi \\ Jaipur Kathmandu __ “Ahmedabad ee Nagpur "Hyderabad ~——— Thinwananthapuram Colombo Entebbe — Nairobi Bangkok Kuala Lumpur
Slide 14: Fleet Size Historical Yearly
Classification: Internal FLEET SIZE HISTORICAL YEARLY 80 70 68 60 57 58 55 50 53 50 46 40 41 39 33 34 30 29 25 20 21 16 10 11 8 5 0 2 3 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Slide 15: Seat Load Factor Historical Yearly
Classification: Internal SEAT LOAD FACTOR HISTORICAL YEARLY 100 90 80 86 85 83 83 82 82 81 80 82 80 80 79 79 79 80 80 70 73 60 50 40 30 20 10 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Slide 16: Revenue Historical Yearly
Classification: Internal REVENUE HISTORICAL YEARLY IN (AED MM) 6,000 5,000 5,242 4,756 4,000 4,122 3,729 3,825 3,778 3,739 3,000 3,183 3,170 2,832 2,434 2,000 2,066 1,972 2,080 1,851 1,000 1,283 749 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Slide 17: Net Profit Historical Yearly
Classification: Internal NET PROFIT HISTORICAL YEARLY IN (AED MM) 1,300 1,200 1,222 1,100 1,000 900 1,000 800 700 720 600 662 500 566 579 510 530 509 400 452 435 424 300 369 200 310 274 100 0 101 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 - 2020 2021 2022 9M -192 *307 *201
Slide 18: Corporate Social Responsibility
Classification: Internal CORPORATE SOCIAL RESPONSIBILITY Air Arabia’s award winning corporate social responsibility program “Charity Cloud’ provides sustainable education and healthcare initiatives in underprivileged communities across the world. Charity Cloud built and operates over 15 schools and
Slide 19: Air Arabia Group Companies
Classification: Internal AIR ARABIA GROUP COMPANIES
Slide 20: Contact Us
Classification: Internal CONTACT US investor-relations.airarabia.com +971 6 5088939 investorrelations@airarabia.com www.airarabia.com
Slide 21: Disclaimer
Classification: Internal 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 assume no resp