Kenya Airways Plc · NSEKE:KQ
Kenya Airways — H1 2018 Earnings Presentation
20 slides from Kenya Airways's earnings presentation, Aug 29, 2018
Slide 1: Kenya Airways Investor Briefing
Kenya Airways Investor Briefing H A L F Y E A R 2 0 1 8 R E S U LT S — 2 9 A U G U S T 2 0 1 8
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Kenya Airways PLC This presentation does not contain any offering of securities or otherwise (“Kenya Airways”) and is only directed at persons to whom such presentation constitute an invitation or inducement to any person to underwrit
Slide 3: Africa Outlook
AFRICA OUTLOOK RK kenya airways <3,
Slide 4: Africa Overview
AFRICA OVERVIEW HALF YEAR 2018 RESULTS — 29 AUGUST 2018 EBIT Margin By Airline Region Of Registration 16% Load Average 14% Factor GDP 12% 10% 2016 2017 2018 Nil Growth 4.9% 8% 6% Fuel Price 4% Net YOY 2% Profit Increment New Airline 0% N AMERICA ASIA PACIFIC EUROPE L AMERICA MIDDLE EAST AFRICA -$0.1
Slide 5: Emerging Airlines
EMERGING AIRLINES HALF YEAR 2018 RESULTS — 29 AUGUST 2018 AIR DJIBOUTI UGANDA AIRLINES GUINEA AIRWAYS ZAMBIA AIRWAYS AIR TANZANIA AIR MALAWI CHAD AIRLINES MOZAMBIQUE AIRLINES Source: IATA Forecast and Other Sources January - June
Slide 6: Fuel Price Trends ($ Per Barrel)
FUEL PRICE TRENDS ($ Per Barrel) HALF YEAR 2018 RESULTS — 29 AUGUST 2018 90.00 69.08 65.32 66.02 72.11 76.98 74.40 80.00 70.00 60.00 54.58 54.87 51.59 53.55 50.65 47.91 50.00 40.00 JAN FEB MAR APR MAY JUN 2017 2018 Source: statistica.com
Slide 7: Challenges
CHALLENGES HALF YEAR 2018 RESULTS — 29 AUGUST 2018 Fuel price uncertainty - IATA projects fuel prices to reach $84/barrel by end of 2018 which is a further Volatile Economic Trade / Air Repatriation 25.9% increase Exchange Growth Cargo Of Funds Challenge on FY 2017 Rates Variation Better Share Of La
Slide 8: H1 2018 Highlights
H1 2018 HIGHLIGHTS
Slide 9: Achievements
ACHIEVEMENTS HALF YEAR 2018 RESULTS — 29 AUGUST 2018 OTP Passenger 82% Numbers Cargo Cabin Factor 2.3 Landings 31,973 Million 26,133 Tonnes 75.9%
Slide 10: New Destinations and Partnerships
NEW DESTINATIONS AND PARTNERSHIPS Cape Town Air Mauritius Launched 6th June 2018 • 3X Weekly (Non Stop) Code Share Mauritius Air France Launched 7th June 2018 • 4X Weekly Joint Venture New York Air Madagascar & Air Austral Launch Date 28th October 2018 • Daily Privileged Partnership
Slide 11: Boeing Deal
BOEING DEAL Kenya Airways and Boeing Announces Services Agreement for 737s, 787s Aircraft on 16th July 2018 Kenya Airways is the first in Africa to use Boeing’s Consumable & Expendable Services offering • Agreement To Improve Fleet Reliability And Performance Through A Global Network Of Parts And On
Slide 12: H1 2018 Financial Results
sa inl H1 2018 FINANCIAL RESULTS ® Kenya Air’ — a) he fDriste of “Afri
Slide 13: Financial Results
FINANCIAL RESULTS HALF YEAR 2018 RESULTS — 29 AUGUST 2018
Slide 14: Highlights
HIGHLIGHTS HALF YEAR 2018 RESULTS — 29 AUGUST 2018 Financial Highlights Pax Cargo Other Fleet Costs Overheads Finance Loss After Loss Before Revenue Up Revenue Up DOCs Up Down Down Costs Down Tax Down Tax Down 6% 24% 13% 2% 20% 41% 28.8% 30.8% Operating Highlights Cabin Passenger Cargo Block Factor
Slide 15: Future Outlook
FUTURE OUTLOOK
Slide 16: New York Journey
NEW YORK JOURNEY LAUNCH TRADE PRIVATE SECTOR KQ MEDIA EVENT LAST POINT INAUGURAL JAN - NBO ENGAGEMENT JULY - NBO JULY - NYC DEPARTURE FLIGHT – 28 OCT APRIL – NYC
Slide 17: Revamped Customer Experience
REVAMPED CUSTOMER EXPERIENCE Meal Boxes Simplicity Efficiency Plating Service Recyclable Personalized Service 46Mins to 1Hr 31Mins to 5Hrs To Over 7Hrs 1Hr 30Mins 4Hrs 59Mins 6Hrs 59Mins African Basket Service Table Service Local Ingredients Improved Engagement Efficiency & Presentation
Slide 18: Customer Experience Phase 2
CUSTOMER EXPERIENCE PHASE 2 New Uniform Upgraded New Identity Improved Lounge BYOD FFP Kids Product
Slide 19: Network
NETWORK HALF YEAR 2018 RESULTS — 29 AUGUST 2018 Partnerships (Maasai Mara Codeshare & beyond) (Domestic USA) (AMS, CDG, LHR) (JED)
Slide 20: Slide 20