Financial Results
Q1 FY16
Agenda

Domestic operating environment

Jet Airways performance highlights

JetLite performance highlights
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DOMESTIC OPERATING ENVIRONMENT
Domestic Industry Capacity & Market Growth
8.75
7.75
5.75
4.75
3.75
Q1 FY16 vs. Q1 FY15
Industry Capacity
Industry Pax
2.75
Q1 FY16 vs. Q1 FY15
9W+S2 Capacity
9W+S2 Pax
7.6%
19.1%
13.3%
25.4%
1.75
Industry Capacity
9W + S2 Capacity
Industry Pax
Jun'15
May'15
Apr'15
Mar'15
Feb'15
Jan'15
Dec'14
Nov'14
Oct'14
Sep'14
Aug'14
Jul'14
Jun'14
May'14
0.75
Apr'14
in Million
6.75
9W + S2 Pax
4
Market share Q1 FY2016
Indigo, 38.39%
Go Air, 8.67%
SpiceJet, 11.56%
Air Costa , 0.95%
Air Asia, 1.44%
Vistara, 1.26%
Air Pegasus, 0.1%
Indian Airlines,
15.77%
Jet+JetLite, 21.88%
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JET AIRWAYS - STANDALONE
PERFORMANCE HIGHLIGHTS Q1 FY2016
Operating parameters – Q1 FY2016
Traffic Parameters
Number of Departures
ASKMs Mio
RPKMs Mio
Passenger Load Factor %
Block Hours
Revenue Passengers (Million)
Average fare per passenger
Period end Fleet size
Average operating fleet size during period
Average Head Count
Aircraft Utilisation (Hours/Day)
Q1 FY'16
Q1 FY'15
49,903
11,604
9,577
82.5%
1,12,371
5.65
42,818
10,013
8,054
80.4%
96,597
4.48
Better / (Worse)
%
16.5%
15.9%
18.9%
2.1 points
16.3%
26.1%
7,854
108
96.5
13,770
12.8
8,785
101
91.9
13,226
11.6
(10.6%)
6.9%
5.0%
(4.1%)
10.7%
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P&L – Q1 FY2016
INR Million
Q1 FY'16
INR Million
Q1 FY'15
Better / (Worse)
%
INCOME
Operating Revenues
Non Operating Revenues
Total Revenues
52,201
1,593
53,794
46,856
550
47,407
11.4%
189.4%
13.5%
EXPENDITURE
Employees Remuneration & Benefits
Aircraft Fuel Expenses
Selling & Distribution Expenses
Aircraft Maintenance
Other Operating Expenses
Aircraft Lease Rentals
Depreciation
Interest
Total Expenditure
5,535
14,447
6,066
5,852
11,605
5,188
1,884
2,279
52,856
5,100
18,048
4,094
4,190
10,126
4,610
1,863
1,943
49,974
(8.5%)
20.0%
(48.2%)
(39.7%)
(14.6%)
(12.5%)
(1.1%)
(17.3%)
(5.8%)
1,280
391
2,217.0
(2,177)
Contribution Receivable From Lessor - Maintenance
PROFIT/ (LOSS) BEFORE TAXATION
201.9%
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JETLITE (INDIA) LIMITED
PERFORMANCE HIGHLIGHTS Q1 FY2016
Operating parameters Q1 FY16
Traffic Parameters
Q1 FY'16
Q1 FY'15
Number of Departures
ASKMs Mio
RPKMs Mio
Passenger Load Factor %
Block Hours
Revenue Passengers (Million)
5,710
730
583
79.8%
9,131
0.64
6,588
765
591
77.2%
10,017
0.71
Better / (Worse)
%
(13.3%)
(4.6%)
(1.4%)
2.6 points
(8.8%)
(9.2%)
Average fare per passenger
Period end Fleet size
Average operating fleet size during period
Average Head Count
Aircraft Utilisation (Hours/Day)
4,703
8
8.7
777
11.6
4,610
11
11.0
817
10.0
2.0%
(27.3%)
(21.2%)
4.9%
15.6%
10
Jet Lite P&L Q1 FY16
INR Million
Q1 FY'16
INR Million
Q1 FY'15
Better / (Worse)
%
INCOME
Operating Revenues
Non Operating Revenues
Total Revenues
3,209
16
3,225
3,544
30
3,574
(9.5%)
(44.7%)
(9.8%)
EXPENDITURE
Employees Remuneration & Benefits
Aircraft Fuel Expenses
Selling & Distribution Expenses
Aircraft Maintenance
Other Operating Expenses
Aircraft Lease Rentals
Depreciation
Interest
Total Expenditure
382
1,237
270
246
643
428
4
168
3,379
416
1,921
234
116
593
562
9
127
3,978
8.2%
35.6%
(15.6%)
(112.6%)
(8.4%)
23.8%
55.0%
(32.8%)
15.1%
Contribution Receivable From Lessor - Maintenance
201
PROFIT/ (LOSS) BEFORE TAXATION
Provision for taxation
Provision of Income Tax (Net) for Earlier Years
PROFIT / (LOSS) AFTER TAXATION
47
-
(404)
111.7%
0.1
0.1
47
(404)
111.7%
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Thank You!
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Disclaimer
Certain statements in this release concerning Jet Airways’ future growth prospects are forward-looking statements,
which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in
such forward-looking statements. The risks and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense
competition in the aviation business including those factors which may affect our cost advantage, wage increases,
our ability to attract and retain professionals, time and cost overruns on various parameters, our ability to manage
our international operations, liability for damages, withdrawal of governmental fiscal incentives, political
instability, legal restrictions on raising capital, and general economic conditions affecting our industry. Jet Airways
may, from time to time, make additional written and oral forward-looking statements, including our reports to
shareholders. Jet Airways does not undertake to update any forward-looking statement that may be made from
time to time by or on behalf of the company.
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