#128 July 2014 RYANAIR LOW FARES. MADE SIMPLE. Q1 Results#2Europe's Favourite Airline ✈ Europe's Lowest Fares/Lowest Unit Costs ✈ Europe's No 1, Traffic ✈ Europe's No 1, Coverage ✈ Europe's No 1, C'mer Service © Ryanair 2014 - - - 86m (No.1 or 2 in most markets) 69 Bases Low Fares/On-time/Bags/Canx Always Getting Better/Digital rollout ✈ Fwd bookings & Ld factors rising since Sept 13 ✈ Aircraft order rises to 180 to deliver over 110mpa (+40%) by FY19 ✈ Unblemished 30 year Safety Record ✈ World's highest rated airline, BBB+ (Stable) S&P, Fitch RYANAIR LOW FARES. MADE SIMPLE.#3Europe's Lowest Fares © Ryanair 2014 LOW Ryanair MEDIUM HIGH Norwegian easyJet Aer Lingus (s/h) Air Berlin Alitalia Lufthansa Source: Latest Annual Reports IAG AF-KLM Ave .Fare Avg. Fare €46 (-4%) €83 €84 €93 €121 €148 €235 €242 €300 €163 % > Ryanair + 80% + 83% + 102% + 163% + 222% + 411% + 426% + 552% RYANAIR LOW FARES. MADE SIMPLE.#4Europe's Lowest Unit Cost (Ex Fuel) Staff Airport & hand Route charges Own'ship & maint. S & M + other Total % > Ryanair Source: Latest Annual Reports © Ryanair 2014 RYA €6 €6 €8 €21 €7 €2 EZY €29 €9 €6 €9 €7 €52 NOR €15 €14 €8 €21 €4 €62 AB1 €17 €27 €8 €29 €26 €107 +79% +114% +269% LUV €35 €8 €0 €16 €15 €74 Spirit €19 €6 €0 €19 €15 €59 +155% +103% RYANAIR LOW FARES. MADE SIMPLE.#5No 1 For Coverage ✈ 69 bases ✈186 airports ✈ 30 countries ✈1,600+ routes ✈86m c'mers p.a. ✈ 297 a/c - all 737-800's © Ryanair 2014 Newest fleet (< 5 Yrs) ✈180 a/c order KNOCK SHANNON KERRY CORK DUBLIN LISBON DERRY SANTIAGO PORTO GLASGOW (1) AGADIR LIVERPOOL MANCHESTER LANZAROTE TENERIFE (S) TENERIFE (N) OGRAN CANARIA FUERTEVENTURA ESSAOUIRA BIRMINGHAM CARDIFF BOURNEMOUTH BRISTOL SANTANDER FAROO OSEVILLE JEREZ MALAGA O VALLADOLIDO MADRIDO RABAT FEZ GLASGOW (P) OMARRAKESH BREST EDINBURGH TANGIER ONEWCASTLE EAST MIDLANDS OLONDON (L) O LONDON (S) LONDON (G) LA ROCHELLE LEEDS DINARD RENNES NANTES O ALMERIA REUS VALENCIA GRONINGEN DUSSELDORF EINDHOVEN O LILLE PARIS TOURS 0 STRASBOURGO POITIERS ODOLE OALICANTE MURCIA ONADOR O OUJDA HAUGESUND MEMMINGENO LIMOGES CLERMONTO OBASEL BERGERACOO BRIVE OST. ETIENNE BORDEAUX RODEZ GRENOBLE NIMESO BIARRITZ LOURDES MONTPELLIER CUNEOO CARCASSONNE OMARSEILLE PERPIGNAN BEZIERS O ZARAGOZA OBARCELONA (G) BARCELONA (E IBIZA PALMA BILLUND OSLO TORP PO MENORCA BREMEN MUNSTER O ODORTMUND GOTHENBURG AARHUS MAASTRICHT FIGARI TURIN VENICE BADEN-BADEN GENOA NICE TOULON STOCKHOLM POZNAN LODZO BRUSSELS (Z)O LEIPZIG WROCLAW BRUSSELS (C) COLOGNE PRAGUE OVATRY OFRANKFURT OSTRAVA ONUREMBERG OMILAN PISA ALGHERO LUBECK PARMA CAGLIARI PALERMO TRAPANIO BERLIN MALMÖ BOLOGNA COMISO SKELLEFTEÅ LINZ SALZBURG LAMEZIA O SMÅLAND VÄSTERÅS MALTA LAPPEENRANTA SZCZECIN TRIESTE PULA ORIJEKA ZADAR PERUGIA ANCONA PESCARA ROME (F) ROME (C) BARI GDANSK CATANIA OBYDGOSZCZ KRAKOW BRNO BRATISLAVA TAMPERE WARSAW LUBLIN KATOWICE OBUDAPEST OBRINDISI CORFUO PODGORICA KEFALONIA ZAKYNTHOS KALAMATA TALLINN RIGA KAUNAS VILNIUS TARGU MURES O BUCHAREST OSIJEK RZESZOW CONSTANTA O PLOVDIV THESSALONIKI O CHANIA VOLOS PATRAS ARAXOS CATHENS KOS RHODES PAPHOS RYANAIR LOW FARES. MADE SIMPLE.#61st Quarter Results ✈Traffic ✈Load Factor ✈ Avg. Fare (incl. bag) ✈ Rev. Per Pax ✈Revenue ✈ Profit after Tax © Ryanair 2014 Jun 13 23.2m 82% €42 €58 €1,342m €78m Jun 14 24.3m 86% €46 €62 €1,496m €197m +4% +4% +9% +7% +11% +152% RYANAIR LOW FARES. MADE SIMPLE.#7Strong Balance Sheet ✈ Aircraft (inc. dep.) © Ryanair 2014 Cash Total ✈ Liabilities Debt S/H Funds Total Net Cash €158m Mar 14 €5,570m €3,242m €8,812m €2,442m €3,084m €3,286m €8,812m Jun 14 €5,622m €4,483m €10,105m €2,742m €3,840m €3,523m €10,105m Net Cash €643m RYANAIR LOW FARES. MADE SIMPLE.#8C'mers (m's) 110 100 90 80 70 60 50 No 1 For Traffic 52 IAG INTERNATIONAL AIRLINES © Ryanair 2014 54 AIR FRANCE KLM 61 62 FY 2014 81.7 Lufthansa easyJet RYANAIR LOW FARES. MADE SIMPLE. Source: Latest traffic stats for 12 mths to Mar14 and company forecasts. I 86 FY 2015 c. +40% 90.0 I FY 2016 I I 96.0 I 104.0 L FY 2017 FY 2018 Ryanair Growth 112.0 --- 1 I I I I FY 2019 RYANAIR LOW FARES. MADE SIMPLE.#9CCO Update Country (Cap m's) UK (115) Germany (112) Spain (103) Italy (84) France (73) Portugal (20) Belgium (17) Ireland (16) Poland (14) Morocco (11) © Ryanair 2014 No. 1 easyjet Luft RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. AF- KLM RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. RAM Source: 2013 Dep. Seats per Capstats & Diio Mii. Mkt positions adj. for: 2014 No. 2 IAG Air Berlin IAG Alitalia easyJet TAP SN Brussels Aer Lingus LOT RYANAIR LOW FARES. MADE SIMPLE. schedules. No. 3 RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. Vueling easyJet RYANAIR LOW FARES. MADE SIMPLE. easyJet Jetairfly AF-KLM Wizz easyJet RYA Share 13% 4% 18% 21% 6% 13% 21% 40% 27% 13% RYANAIR LOW FARES. MADE SIMPLE.