advertisement

Credit Suisse Group Global Airline Conference Presentation

60 %
40 %
advertisement
Information about Credit Suisse Group Global Airline Conference Presentation
Finance

Published on February 25, 2009

Author: finance11

Source: slideshare.net

advertisement

Beverly Goulet Vice President of Corporate Development and Treasurer 1

Safe Harbor • Please note that many of our statements, including any comments on matters related to our outlook for revenue and earnings, cost estimates, and forecasts of capacity, traffic, load factor, fuel costs and other matters will constitute forward-looking statements. These matters are subject to a number of factors that could cause actual results to differ from our expectations. These factors include domestic and international economic conditions, commodity prices, general competitive factors including, but not limited to, government regulations, uncertainty in domestic or international operations, acts of war or terrorism, our ability to access the capital markets and changes in the Company's business strategy, any of which could affect our actual results. 2

Safe Harbor (cont.) • Additional information concerning these and other factors is contained in our Securities and Exchange Commission filings, including but not limited to our Form 10-K for the year ended Dec. 31, 2007. • Additionally, please refer to the slide presentation accompanying today’s webcast at www.aa.com for reconciliation of any non-GAAP financial measurement we may discuss to what we think is the most appropriate GAAP measurement. 3

4

3Q08 Results Net Earnings (Ex-Special Items) (Ex-Special Items) 400 400 ($ MILLIONS) 200 200 215 215 - - (200 ) (200 ) (360) (360) (400 ) ( ) 2008 2007 2008 2007 1/ Excludes gain of $432 million from the sale of American Beacon Advisors and $27 million in special charges related to aircraft impairment and severance costs 5

Oil Price $140 $120 1/ 1/ l e r $100 r a B / $ $80 1/3/07 - $58.32 $60 11/26/08 - $54.44 $40 1/2007 4/2007 7/2007 10/2007 1/2008 4/2008 7/2008 10/2008 1/ WTI Spot Prices 6

Hedging • AMR employs a systematic approach to hedging – Calls and collars layered in over a 18-36 months – To remain in line with the industry, historically AMR has targeted 30-45% of the prompt quarter’s consumption • For 4Q08, 38% of consumption is hedged with average crude equivalent floors of $92 per barrel • For 2009, we currently have hedged 34% of 2009 consumption – Collars have average crude equivalent caps of $99 and floors of $71 7

8

Total Debt 25 20.8 20.8 20 15.4 15.4 15 10 5 0 12/31/2002 9/30/2008 1/ Includes current and long-term debt, current and long-term capital lease obligations, principal amount of certain airport facility tax- exempt bonds and the present value of aircraft operating lease obligations 9

10

2009 Capacity Consolidated System ~ (6%) Mainline Domestic ~ (8.5%) Mainline International ~ (1%) Note: Versus FY2008 expected values; as announced on 3Q08 conference call (10/15/2008) 11

12

New and Modified Fees 1st Checked Bag Fee 2nd Checked Bag Fee Several Domestic Change Fee Hundreds of Confirmed Flight Charge Millions of Int’l Change Fee Dollars Res Service Fee Liquor and Food for Sale 13

14

Investing in the Future 15

Alliances Proposed transatlantic antitrust immunity Current transatlantic antitrust immunity Current and proposed transatlantic antitrust immunity * * * * * * * * * * Announced new alliance members 16

17

Beverly Goulet Vice President of Corporate Development and Treasurer 18

Add a comment

Related presentations

Les changements sur le marché du distressed aux Etats-Unis et en Europe

Main Sections of the Report 1) Nifty Technical View 2) 4 Large Cap Trade Ide...

This presentation consits the yearly results of Kinepolis Group

Related pages

American Airlines To Webcast Presentation At Credit Suisse ...

... American Airlines To Webcast Presentation At Credit Suisse 3rd Annual Global Industrials Conference. ... About American Airlines Group American ...
Read more

Alaska Air Group To Webcast Presentation At Credit Suisse ...

Alaska Air Group To Webcast Presentation At Credit Suisse Global Airline Conference 11/21/2008 8:26 a.m. SEATTLE — Alaska Air Group, Inc. (NYSE:ALK), the ...
Read more

American Airlines To Webcast Presentation At Credit Suisse ...

American Airlines Group Inc. (NASDAQ: AAL) Chief Operating Officer Robert Isom will present at the Credit Suisse 3rd Annual Global Industrial Conference on ...
Read more

American Airlines To Webcast Presentation At Credit Suisse ...

... American Airlines Group Inc. (NASDAQ: ... American Airlines To Webcast Presentation At Credit Suisse 3rd Annual Global Industrials Conference.
Read more

Events & Presentations – United Continental Holdings, Inc.

... > News & Events > Events & Presentations ... 2014 Global Airline/Transportation Conference ... Suisse Global Credit Products Conference.
Read more

Alaska Airlines at Credit Suisse Group Global Airline ...

...To keep the conference on time here, I am going to introduce the next speaker. Our next presentation, of course, is from Alaska Air Group. Speaking for ...
Read more

Goldman Sachs Presentation to Credit Suisse Financial ...

Goldman Sachs Presentation to Credit Suisse Financial Services Conference February 9, 2016 Lloyd C. Blankfein . Chairman and Chief Executive Officer
Read more

Credit Suisse - Choose Your Country

Credit Suisse Group is a leading global financial services company ... As an integrated global bank, Credit Suisse provides its clients with ...
Read more

Conferences/Corporate Days - Credit Suisse

> Conferences/Corporate Days; ... 2016 CREDIT SUISSE GROUP AG and ... Terms of Use, Internet Security, Privacy & Cookie Policy and Global Patriot ...
Read more