Exclusive :Spicejet Investor Presentation

Spicejet Investor Presentation : This is how Spicejet is getting investment

Spicejet has given the presentation to the investors for funding. Spicejet is getting approx Rs 1400 Crore.

The Spicejet Investor Presentation says :

SpiceJet is pleased to report significant year-over-year improvement in operating performance and reduction in losses in Q2FY15 relative to Q2FY14, in what is traditionally the weakest quarter of the year for aviation in India.
Performance Summary on year-on-year basis (additional details in charts below):
• Capacity (Available Seat Km) up 7% and RPK (Revenue Passenger Km) up 28%
• Total revenues up 15% (passenger revenues up 18%, ancillary revenues up 31%), and 4 Total expenses down 2%
• Load Factor up 19%, Total RASK (Revenue per Available Seat Km) up 12%, and Total CASK (Cost per Available Seat Km) down 7%
• Year-over-Year net loss reduced by 45% in Q2FY15, from Rs 559.5cr in FY14 to 310.4cr in FY15 (an improvement of Rs 249cr)

• There were Rs 75cr of one-off & restructuring expenses in the quarter. Excluding these expenses, Year-on-Year loss reduced by 57% ( or 313.9cr); EBITDAR margin improved from -19% to +4% YoY (an improvement of Rs 283.6cr)
• Positive impact of YoY improvement in exchange rate and fuel price was Rs 29cr.
Q2FY15 did not have the benefit of recently introduced ATF price reductions that came into effect in October and November.
Note: There were no significant one-time / extraordinary revenues from financing and other non-operating activities in the quarter; the loss reduction therefore reflects actual operating performance improvement of the company

To Summarize Spicejet Investor Presentation

1. Capacity (Available Seat Km) up 7% and RPK (Revenue Passenger Km) up 28%
2. Total revenues up 15% (passenger revenues up 18%, ancillary revenues up 31%), and Total expenses down 2%
3. Load Factor up 19%, Total RASK (Revenue per Available Seat Km) up 12%, and Total CASK (Cost per Available Seat Km) down 7%
4. Year-over-Year net loss reduced by 45% in Q2FY15, from Rs 559.5cr in FY14 to 310.4cr in FY15 (an improvement of Rs 249cr)
5. Excluding one-off expenses, Year-on-Year loss reduced by 57% ( or 313.9cr), and EBITDAR margin improved from -19% to +4% YoY (an improvement of Rs 283.6cr)
6. Q2FY15 did not have the benefit of recently introduced ATF price reductions that came 23 into effect in October and November.

See the full document HERE