Post on 01-Feb-2018
Commercial Update
for JP Morgan
9th April 2014
April 2014 A380 Commercial Update for JP Morgan
Jean-Pierre Dambrine
A380 Marketing Director
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
– Own the Sky
All around the
world
The most efficient
way to grow All around the
world
Network optimiser,
yield booster The best cabin
in the sky
Innovation for
efficiency
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
commercial figures
157,000 revenue flights – 1.3m flight hours and ~55m passengers carried
April 2014 A380 Commercial Update for JP Morgan
Commercial data to end March 2014
324 firm orders 128 deliveries 196 order backlog
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
The order-book
Data to end March 2014
April 2014 A380 Commercial Update for JP Morgan
Private Customer
Firm orders 324 Customers including 1 leasing company 20 Alliances represented 3
Undisclosed Customer
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
Introducing the lease solution with Amedeo
New order of 20 A380s signed with Amedeo at Singapore Airshow
April 2014 A380 Commercial Update for JP Morgan
“Today’s signature with
Airbus is a great day for
aviation as we offer
airlines a new, more
flexible way to access the
unique benefits of the
A380 through our tailored
leasing solutions.“
Mark Lapidus,
CEO, Amedeo
12th February 2014
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
200,000
is the new flagship
11 of the top 20 international carriers ordered 264 out of 324 A380s
April 2014 A380 Commercial Update for JP Morgan
Source : IATA World Air Transport Statistics (WATS ) 2013
International RPKs, IATA carriers 2012 (000s)
A380 customers
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
85
10
34
10
20 17
33
9 4
32 29
9
50
20
0
20
40
60
80
100
120
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
gross orders since launch
A consistent order intake from leading airlines
...and 8 uninterrupted years of reorders.
April 2014 A380 Commercial Update for JP Morgan
Data to end March 2014
A380
Launch
Gross Orders
Reorder
Mar
2014
Undisclosed customer
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
& combination endorsed by the market
A380 / A350 is a highly efficient combination
April 2014
Data at March 2014 – Commercial airlines only
A380 Commercial Update for JP Morgan
&
Undisclosed Customer
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
128 s delivered to date
10 operators, a fleet that keeps growing
April 2014 A380 Commercial Update for JP Morgan
Data to end March 2014
47
19
12
11
8
9
5
5
6
6
6
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
network as of March 2014
Additional airline-announced / seasonal routes for 2014 shown dotted – OAG data
*Subject to agreement by the government authorities and the positive outcome of talks with airport authorities.
Thai Airways Air France
China Southern Emirates
Lufthansa
Qantas
Singapore Airlines
An A380 takes off or lands every 5 minutes
Atlanta
Korean Air
British Airways
Malaysia Airlines
Los Angeles
Auckland
Johannesburg
Jeddah
Manchester
Paris
Melbourne
Washington DC New York Tokyo
Dubai
Beijing Zurich Rome
Munich Toronto
Sydney
Houston
London Amsterdam
Singapore
Seoul
Shanghai
San Francisco
Moscow
Kuala Lumpur
Hong Kong
Mauritius
Osaka Guangzhou
Sao Paulo*
Barcelona
Frankfurt
Brisbane
72 routes - 35 airports
Bangkok
Miami
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
First for Asiana Airlines shines in full livery
Roll out of the paint shop for the first Asiana A380, to be delivered in Q2 2014
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
First for Skymark Airlines maiden flight
Skymark first A380 maiden flight, 8th April 2014 – Delivery H2 2014
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
The most efficient
way to grow All around the
world
Network optimiser,
yield booster The best cabin
in the sky
Innovation for
efficiency
The most efficient
way to grow
– Own the Sky
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
The most efficient way to capture growth
* IATA World Slot Guidelines
A380 is the most efficient solution to capture growth in a highly concentrated and congested market
Air Traffic will more
than double over
15 years
The long haul market
is concentrated into
mega-cities
2012 50% long-haul traffic between 42 megacities
2032 75% long-haul traffic between 89 megacities
70% of the 2032
Mega-cities are slot
constrained TODAY*
“The main reason for a lack of
capacity in the aviation system is that there are not enough
runways and terminals to cope
with demand.”
(IATA 2012 Annual Review report)
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
2012: 42 mega-cities
Handling more than 10,000 long haul passengers per day …
Long-haul traffic is highly concentrated on mega-cities Source: GMF 2013; Cities with more than 10,000 daily passengers
Long haul traffic: flight distance >2,000nm, excl. domestic traffic;
93% of long-haul traffic
on routes to/from/v ia
42 cities
42 Aviation Mega-
cities
0.8M Daily Passengers:
Long Haul traffic to
/from/via Mega Cities
traffic
• >50 000 daily long-haul passengers • >20 000 daily long-haul passengers • >10 000 daily long-haul passengers
50% of long-haul traffic
on routes to/from
42 cities
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
A380 connects more than 70% of todays mega-cities
Handling more than 10,000 long haul passengers per day …
At the heart of global air transport
OAG Dec 2013
• >50 000 daily long-haul passengers • >20 000 daily long-haul passengers • >10 000 daily long-haul passengers
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
2032: 89 mega-cities
More mega-cities, and more concentration of traffic between them Source: GMF 2013; Cities w ith more than 10,000 daily passengers
Long haul traffic: flight distance >2,000nm, excl. domestic traffic;
• >50 000 daily long-haul passengers • >20 000 daily long-haul passengers • >10 000 daily long-haul passengers
99% of long-haul traffic
on routes to/from/via
89 cities
2.2M Daily Passengers:
Long Haul traffic to
/from/via Mega Cities
89 Aviation Mega-
cities
Handling more than 10,000 long haul passengers per day …
75% of long-haul traffic
on routes to/from
89 cities
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
Airport slots are a scarce resource today
Of the 89 Mega-cities in 2032, 70% are already congested today
Airport infrastructure cannot keep-up with traffic growth
IATA level 3
mandatory slot control
IATA level 1
non-slot controlled
IATA level 2
voluntary slot control
IATA World Scheduling Guidelines: Level 2 & 3 at primary city airport
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
Slot value in congested airports
The A380 is the obvious way to leverage valuable and scarce slots
DID YOU
KNOW ? Heathrow:
Continental paid $200m for 4 daily slots
Etihad paid $70m for 3 daily slots
More than 150 airports in the world have demand for runway and gate access that exceed their capacity.
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
Average aircraft size has continually increased over the last 20 years
The average capacity per flight has grown by 30% in the last 20-years
90
100
110
120
130
140
150
1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013
Average seats per flight Base year 1993 = 100
Source: OAG (September data), Airbus Market Research and Forecasts
+32%
Average flight capacity
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
– Own the Sky
The most efficient
way to grow All around the
world
Network optimiser,
yield booster The best cabin
in the sky
Innovation for
efficiency
Network optimiser
yield booster
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
0
50
100
150
200
250
300
350
Scheduling the right capacity at the right time
Deploy A380 capacity at times of highest demand and yield
Night flights: +8% yield premium
Source: OAG – September 2012 Schedules
Asia to Europe Departures per hour
Nig
ht
pe
rio
d fo
r E
uro
pe
arr
iva
ls
La
te n
igh
t p
eri
od
fo
r A
sia
n d
ep
art
ure
s
Premium (high yield)
traffic prefers night flights
data
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
Concentration of flights between mega-cities
Source: OAG – December 2013 Schedules
London
Hong Kong
London to Hong Kong
6:00 12:00 18:00 6:00
Hong Kong to London
6:00 12:00 18:00 24:00 6:00
24:00
Departure Times
Departure Times
Slot and time zone constraints drive frequency concentration
The A380 is the most efficient solution for growth
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
Airlines know the pulling-power of the A380
A380 is the only aircraft highlighted
in airline on-line booking systems
380
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
The most efficient
way to grow All around the
world
Network optimiser,
yield booster The best cabin
in the sky
Innovation for
efficiency
The best cabin
in the sky
– Own the Sky
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
– the best cabin in the sky
Comfort for all classes, a universally acclaimed airline brand enhancer
Low velocity
cabin air Advanced temperature
control
Comfortable cabin
altitude
The quietest,
smoothest cabin
The widest ever
Main Deck cabin
Widebody comfort on
Upper Deck
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
The most efficient
way to grow All around the
world
Network optimiser,
yield booster The best cabin
in the sky
Innovation for
efficiency
Innovation for
efficiency
– Own the Sky
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
Continuous improvement
Improving the passenger’s favourite airliner
SFC = Specific Fuel Consumption
Principal improvements since EIS
Improved SFC*
Trent 900\ GP 7000
Aircraft weight reduction
New Design Weights
payload +500nm
+8t
Wing twist
-1% Fuel burn
April 2014 A380 Commercial Update for JP Morgan
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
A380 offers higher profitability British Airways Case Study
Lower Cost & More Revenue per Day
And one slot freed to further develop the London Heathrow network
IAG Q4 2013 Results presentation
More Premium Seats
Higher Average Yield
Similar Total Capacity
Lower Operating Costs
April 2014 A380 Commercial Update for JP Morgan
Lower Unit costs
© AIRBUS S.A.S. All rights reserved. Confidential and proprietary document.
April 2014 A380 Commercial Update for JP Morgan
: the only aircraft capable of:
• Allowing lucrative growth at slot-constrained mega-city airports
• Capturing more high-yield traffic at times of peak demand
• Offering the best cabin in the sky