Air New Zealand Limited · NZX:AIR
Air New Zealand — Shareholder Meeting (October 2015)
22 slides from Air New Zealand's shareholder meeting presentation, Oct 7, 2015
Slide 1: Annual Shareholder Meeting
For personal use only Annual Shareholder Meeting 7 October 2015 Tony Carter Chairman Christopher Luxon Chief Executive Officer
Slide 2: Chairman Tony Carter
For personal use only Chairman Tony Carter
Slide 3: Meeting agenda
Meeting agenda For personal use only • Chairman’s address • Chief Executive’s address • Questions on financial performance and outlook • Resolutions regarding Directors • General discussion and questions 3
Slide 4: 2015 Financial Highlights
2015 Financial Highlights For personal use only • Normalised earnings before taxation of $496 million, up 49% • Statutory earnings before taxation of $474 million, up 32% • Statutory net profit after taxation of $327 million, up 24% • Operating revenue of $4.9 billion, up 6% • Operating cash flow of
Slide 5: Dividends
Dividends For personal use only • Fully imputed final ordinary dividend of 9.5 cents per share, up 73% • Fully imputed full year ordinary dividend of 16.0 cents per share, up 60% 5
Slide 6: 2016 Outlook
2016 Outlook For personal use only • At the 2015 annual results we said that given the current known operating environment, along with increased capacity and improved operating efficiencies, we expect to achieve significant earnings growth in the coming year. This view has strengthened. • We are ver
Slide 7: Thank you
For personal use only Thank you <p
Slide 8: Chief Executive Officer Christopher Luxon
For personal use only Christopher Luxon Chief Executive Officer
Slide 9: Our strategic priorities
Our strategic priorities For personal use only ENHANCED Customer Experience AND AND HIGH STRONGER PERFORMANCE Commercial Engaged Results AND Culture 9
Slide 10: Value creation through growth
Value creation through growth For personal use only Grow a consistent and personalised customer experience Unleash digital transformation Grow and develop markets Grow contribution from alliance partners Grow, simplify and modernize our fleet Simplify our business to drive down cost Grow high perfor
Slide 11: Total international long haul growth 15%
For personal use only Total international long haul-growth 15% 11
Slide 12: Domestic
Domestic For personal use only • World class domestic jet and regional turbo prop network • Frequency, service, reliability, reputation and value • Simplified fleet for cost and operational efficiencies and increased capacity • Domestic network capacity growth of 8% in 2016 through fleet realignment
Slide 13: Tasman and Pacific Islands
Tasman and Pacific Islands For personal use only • Modest growth in 2016 • Alliance with Virgin Australia going well – providing a combined 51% market share on the Tasman • Fleet simplification – retirement of 767 with new wide body Boeing 787-9 13
Slide 14: International
International For personal use only • 15% long haul international growth in 2016 • August year to date Asian capacity up 39% and demand up 42% • Two new international routes – Houston and Buenos Aires • New revenue share alliance with Air China 14
Slide 15: Thank you
For personal use only Thank you <p
Slide 16: Any Questions?
For personal use only Any Questions?
Slide 17: Resolutions
For personal use only Resolutions
Slide 18: Resolution #1: Re-election of Tony Carter
Resolution #1 For personal use only • Re-election of Tony Carter 18
Slide 19: Resolution #2: Re-election of Rob Jager
Resolution #2 For personal use only • Re-election of Rob Jager 19
Slide 20: Resolution #3: Approval of directors' remuneration
Resolution #3 For personal use only • Approval of directors’ remuneration 20
Slide 21: Any Questions?
For personal use only Any Questions?
Slide 22: For personal use only
For personal use only L_ AIR NEW ZEALAND Yo A A STAR ALLIANCE MEMBER we”