AIRASIA BERHAD...REVENUES OPERATING PROFIT FLAT -5% +32% --1ppt MALAYSIA INDONESIA THAILAND MALAYSIA...
Transcript of AIRASIA BERHAD...REVENUES OPERATING PROFIT FLAT -5% +32% --1ppt MALAYSIA INDONESIA THAILAND MALAYSIA...
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AIRASIA BERHAD
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DISCLAIMER
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1Q14
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KEY HIGHLIGHTS – 1Q14
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Flat +7% +13% -11%
MALAYSIA INDONESIA
THAILAND MALAYSIA THAILAND INDONESIA
-1030% -65%
KEY HIGHLIGHTS – 1Q14
REVENUES GROWTH AND IMPROVED ANCILLARY
REVENUE
FARE PRESSURE FOR MAA, POLITICAL IN TAA AND
CURRENCY FOR IAA .
REVENUES OPERATING PROFIT
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FLAT -5% +32% -1ppt
MALAYSIA INDONESIA
THAILAND
MALAYSIA THAILAND
KEY HIGHLIGHTS – 1Q14
COST REDUCTION ACROSS ALL AOC
AIRASIA STILL THE LEADER MALAYSIA MARGINS REMAIN ONE OF THE
HIGHEST - INDUSTRY LEADER
CASK (US CENTS) EBIT AND EBITDAR MARGINS
-2ppt -10ppt -7ppt -31ppt -25ppt
INDONESIA
-3% -16% -1%
INDONESIA
THAILAND
RASK (US CENTS)
MALAYSIA
RASK DECLINE MINIMISED EXCEPT FOR THAILAND
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+7% +3% -5%
MALAYSIA INDONESIA
THAILAND
KEY HIGHLIGHTS – 1Q14
ANCILLARY STRATEGY PAYING OFF
ANCILLARY INCOME PER PAX
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+20% +22% -10%
PASSENGERS
CARRIED
RASK
CAPACITY
KEY HIGHLIGHTS – 1Q14
PLANS FOR CONSOLIDATION
OVERVIEW OF CONSOLIDATED STATISTICS
CASK LOAD
FACTOR
+5% -2ppt
• TIMELINE FOR CONSOLIDATION
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Source: Bloomberg
-22% -20%
-14% -11%
-10%
-4% -4% -3% -1% -1% -1% -1%
1% 3% 3%
5% 6% 6% 7%
13%
17%
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
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JET
TIG
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AIR
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SO
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SO
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HW
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JET
AIR
ASIA
EBIT MARGINS Jan – Mar 14
COMPETITIVE PRESSURES
– Despite competition, AirAsia has a robust model and
remains a leader
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COMPETITIVE PRESSURES
– Regional updates
Airlines Updates
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OUTLOOK &
STRATEGY
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REVENUE ENCHANCEMENT
ANCILLARY INCOME
• TO DRIVE CORE ANCILLARY TAKE UP.
• ON-BOARD WIFI
• DUTY FREE
• FLY-THRU
• PREMIUM FLEX
• INVENTORY TO BE AVAILABLE ON ALL GDS
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CRM
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• UPDATE ON COST REDUCTION EXERCISE
STRATEGY
• KLIA2 – The force use by MAHB to use SITA check in system and aerobridge still COST NEUTRAL
• AUTOMATION
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• AEROBRIDGES
• ROUTE RATIONALISATION
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CAPACITY MANAGEMENT & CREATING VALUE FROM BALANCE
SHEET
• CAPACITY MANAGEMENT – 2015 and beyond
A. Fleet Order 2015 2016 2017 2018
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CAPACITY MANAGEMENT & CREATING VALUE FROM BALANCE
SHEET
CREATING VALUE FROM BALANCE
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ASSOCIATES
THAILAND
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INDONESIA
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PHILIPPINES
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INDIA
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MAA TAA
IAA PAA
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FORWARD BOOKINGS
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