2020 First Half

Financial Results Presentation

Covid-19 crisis has unprecedented impact on

Group's operating and financial results

Q1-20Q2-20H1-20

H1-2020

Key Highlights

2.135 mil. pax

| ↓ 15% yoy

66 aircraft

18.758 flights

| ↓ 6% yoy

2.764 mil. ASKs

| ↓ 8% yoy

2.088 mil. RPKs

| ↓ 16% yoy

76,0% load factor

| ↓ 6,3pp yoy

147,0 € mil.

revenues | ↓ 15% yoy

328 thous. pax

| ↓ 92% yoy

64 aircraft

5.681 flights

| ↓ 82% yoy

444 thous. ASKs

| ↓ 91% yoy

222 thous. RPKs

| ↓ 95% yoy

50,8% load factor

| ↓ 31,3pp yoy

40,4 € mil.

revenues | ↓ 88% yoy

2.463 mil. pax

| ↓ 62% yoy

64 aircraft

24.439 flights

| ↓ 52% yoy

3.208 mil. ASKs

| ↓ 61% yoy

2.310 mil. RPKs

| ↓ 65% yoy

72,5% load factor

| ↓ 9,7pp yoy

187,4 € mil.

revenues | ↓ 64% yoy 2

COVID-19 restrictions result to almost zero activity for Q2-20

Q1-19

Q1-20

YoY %

Q2-19

Q2-20

YoY %

H1-19

H1-20

YoY %

Passengers ('000)

2.525

2.135

-15%

3.926

328

-92%

6.451

2.463

-62%

International

Passengers ('000)

1.405

1.153

-18%

2.279

85

-96%

3.684

1.238

-66%

Domestic

Passengers ('000)

1.120

982

-12%

1.647

243

-85%

2.767

1.225

-56%

Available Seats

3.105

2.856

-8%

4.817

700

-85%

7.922

3.556

-55%

ASK's (in mil.)

3.015

2.764

-8%

5.098

444

-91%

8.113

3.208

-60%

Flights

19.945

18.758

-6%

31.107

5.681

-82%

51.052

24.439

-52%

Stage Length (km)

870

859

-1%

942

508

-46%

914

777

-15%

Load Factor

82,3%

76,0%

-6,3pp

82,1%

50,8%

-31,3pp

82,2%

72,5%

-9,7pp

3

Costs evolution - reduction in non flight related costs

Q2-19

Q2-20

YoY %

Employee benefits

-35.90

-11.30

-69%

Aircraft fuel

-76.40

-7.80

-90%

Aircraft maintenance

-48.30

-6.10

-87%

Overflight expenses

-19.90

-2.00

-90%

Ground handling

-19.10

-2.80

-85%

Airport charges

-19.70

-2.60

-87%

Catering expenses

-9.80

-0.50

-95%

Distribution expenses

-21.80

-7.40

-66%

Marketing & advertising

-4.80

-0.80

-83%

Other expenses

-23.50

-14.90

-37%

  • Ongoing negotiations with all of our suppliers aiming to adjust the cost and use of services in these new conditions that emerged after the pandemic.

4

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Disclaimer

Aegean Airlines SA published this content on 28 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2020 15:39:06 UTC