VietJet Aviation Joint Stock Company Key Highlights Q2/2017 - - PowerPoint PPT Presentation

VietJet Aviation Joint Stock Company

Key Highlights – Q2/2017 Business result

Jul 2017

INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION 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 ADVISOR MAKES ANY REPRESENTATION REGARDING, AND ASSUMES NO RESPONSIBILITY OR LIABILITY FOR, THE ABILITY, THE ACCURACY OR COMPLETENESS OF, ANY ERRORS OR OMISSION IN, ANY INFORMATION CONTAINED HEREIN. IN ADDITION, THE INFORMATION MAY CONTAIN PROJECTIONS AND FORWARD-LOOKING STATEMENT THAT REFLECTS THE COMPANY'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND FINANCIAL PERFORMANCE. THESE VIEW ARE BASED ON CURRENT ASSUMPTIONS WHICH ARE SUBJECT TO VARIOUS RISK FACTORS AND WHICH MAY CHANGE OVER TIME. NO ASSURANCE CAN BE GIVEN THAT FUTURE EVENTS WILL OCCURS, THAT PROJECTIONS WILL BE ACHIEVED, OR THAT COMPANY ASSUMPTIONS ARE CORRECT. ACTUAL RESULT MAY DIFFER MATERIALLY FROM THOSE PROJECTED. THIS PRESENTATION IS STRICTLY NOT TO BE DISTRIBUTED WITHOUT THE EXPLICIT CONSENT OF THE COMPANY'S MANAGEMENT UNDER ANY CIRCUMSTANCES.

1

Disclaimer

Vietjet has successfully proven its leading position in the domestic market since 2011. Carried 4.5 mm passengers in Q2/2017, an increase of 16.2% vs Q2/2016. Maintained the high Load Factor approximately 88%. Achieved the highest technical reliability of 99.55% among highest Airlines in Asia Pacific region. The Revenue increased 47% vs Q2/2016 to VND 5,648Bil(1) in Q2/2017. In Q2/ 2017 Vietjet received and start operating 5 new A321 aircraft from Airbus. On July 19th, 2017, the Groundbreaking Ceremony for Vietjet Aviation Academy was held in Saigon High Tech Park (SHTP) located in District 9, Ho Chi Minh City. The Academy is expected to be in operation in 2018, with full flight simulator, supported by Airbus.

2

KEY HIGHLIGHTS

Vietnam's leading LCC – achieved within just 5 years

(1) Seperated Financial Statement Q2/2017 (VAS)

Modern and young fleet with average age of 3.12 years comprising 30 Airbus A320s and 15 A321s as of 30 June 2017. Operated an extensive network of 38 domestic routes and 35 international routes, excluding charter services as of June 30, 2017. Vietjet operated a total of 26,799 flights in Q2/2017, with total Block hours

• f 52,512 hours.

Total head counts of 2,593 coming from more than 30 countries On-time performance ratio of 85.7% in Q2/2017 Safety indicators of ground operations and Flight operations are also highest in the region.

3

OPERATING STATISTICS

3.9 4.5

0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0

Q2-16 Q2-17 Passengers (m) Total aircraft 38 45

53 73

Q2-16 Q2-17

TOTAL ROUTES OPERATED Passengers & Aircraft growth

4

FINANCIAL HIGHLIGHTS – SEPERATED(1)

CASH BALANCE (VND’bil)

1,946 2,637 Q2-16 Q2-17

TOTAL REVENUE (VND’bil) TOTAL ASSETS (VND’Bil)

3,843 5,648 Q2-16 Q2-17 15,761 23,185 Q2-16 Q2-17

OPERATING PROFIT (VND’bil)

346 662 Q2-16 Q2-17

TOTAL EQUITY (VND’bil)

2,328 5,490 Q2-16 Q2-17

NET INCOME (VND’bil)

315 599 Q2-16 Q2-17

(1) Financial Highlight based on the Unaudited Separated Financial Statement for Q22017 (VAS).

5

FINANCIAL HIGHLIGHTS - SEPERATED(1)

EBITDAR MARGIN ( VND’bil/%) RASK - CASK (US Cents)

0.41 0.52 Q2-16 Q2-17

RASK (US Cents)

4.24 4.35 Q2-16 Q2-17

CASK EX-FUEL (US Cents)

2.41 2.19 Q2-16 Q2-17 1,396 2,104 36.2% 37.3%

• 60.0%
• 30.0%

0.0% 30.0% 1,000 2,000 3,000 4,000 5,000 6,000 Q2-2016 Q2-2017

EBITDAR EBITDAR Margin

(1) Financial Highlight based on the Unaudited Separated Financial Statement for Q22017 (VAS).

Thank you