00670 2 0 2 6 202663020268282025 20266302026630 11(0.11)(0.06) (2,416)(1,592) (29)(22) (124)(19) 1040 1511 134,877129,225 38,93341,090 37,64640,001 1,2871,089 38,93341,090 1040 2510,74712,634(50)(87) 10,69712,547 1040 1. 66 2. 34 24.2998.5 • • • 12 3. (a) 979711 78 74,23466,822 66,54117266,713 5. 8(ii) (i) 5. 66,650172––66,822–545(545)–– 66,650717(545)–66,822 5. (i)22.42 (1) (3) 6. (a)(b)(c)23(b) 4,2403,391 (a)(b)(c) 7. (a) (b) 1,8712,216 (a)2.57%2.61%) (b) 8. (58)2215(5) (43)17 9. 12861 10. 11. 25.2722,087,736,670 12. 1.5%10.8% 14. 15. 7,0266,996117,0256,995 15. 203.91203.9149.4049.40637.95619.0720262030 16. 3,0312,185(97)(94)2,9342,091 16. 9091180181365365 3,0312,185 17. (395)(388) 14,62713,296 18. 9091180181365122 17,34520,513 19. 20. (a)(b) 60,00652,409 (a)(b)(b)(c)(d) 50,21649,411 110,222101,820 20. 1.70%2.60% 19,96620,108 (i)1 53.30%20(d) (ii)303.95% (iii)52.00% (iv)201.89% (v)201.74% (vi)201.79% (vii)201.80% (viii)151.80% (ix)201.88% 20. (c)0.69%2.11%(d) 21. 1.00AAHH 1.00AAHH 22. 110,82484,022 1233 23. 41.15%40.11%)12.58%%2.07%12.58%2.07%) (a) CAE Melbourne Flight Training Pty Limited(i) 23. 5% 49% 23. (i)(ii)(iii)(iv)49%2.00*14A** (i) 1,016744 23. 593558 (ii) 23.(c)(ii) 37,92638,436 25,41525,067 7676 (d) 15.3515.10 24. (a) 13 24.(a) 24. (a) EV/EBITDAP/E 1,345(10) 1,335 24.(a) 1,213155 1,368 (b) - 60,00660,494 25. (a) (2,288)(1,531)136,4026,072147,1086,764553994097678(806)(34)38(35)1130–31,8712,207(114)–(585)(49)(149)(160)–(2)(218)(311)(1,454)(1,807)45199510,74712,634(50)(87)10,69712,547 (ASK) 1 RPK (%) (AFTK) RFTK 20261710C919202663017C919 2026630833 1.A330A330-200A330-3002.A320A319A320 A320NEO A321A321NEO3.B787B787-94.B737B737-700B737-800B737-85.ARJ21C909 2026(IATA) 833.73.8507.36.4%1%6% 2026142.597,276.2957.505.57%0.55%8.35%742.3411.09% 28205 14454147 595.39.4%531.310.8% 0.8234%4.24%6.2%18.8% +24621.2% 31.3021.46% 78 Wi-Fi2 821024520263.36 1,486152 9 70+34AI SAF5.4%5.1% 51010 2026742.3411.09%717.2411.39%25.103.21% 2026685.9410.97%95.64%137,119.94.29% 438.436.19%63.92%88,307.040.67% 228.3921.81%33.29%46,156.0312.18% 19.127.60%2.79%2,656.831.61% 202631.3021.46%4.36%2,183.6713.01% 2026796.5714.24%2026 2026291.6536.22%36.80%78.460.43%0.92 202696.380.17% 2026139.904.97% 2026153.999.84% 202633.642.69% 202624.598.14% 202623.2711.23% 202642.4025.04%34 20266.171,404.88%5.8518.7115.57%3.36 202621.79202514.310.11 20266302,998.20202512311.98%87.01%202512310.99 261.608.73%202512312.85%2,736.6091.27%202512311.90% 20266302,608.871,260.1048.30%1,348.7751.70% 663.38202512310.80% 1,226.55202512315.63% 320259264202615119 20262026630 20266301,099.23202512311,015.288.27% 2026630790.7020251231804.001.65% 47.13%52.87%2026630202512311,889.931,819.2835.10%36.18% 2026630202512319.12%11.11%89.42%87.34% 202620266300202512310 2026630199.9586.25% 20266303.092026202512314.38 20262026630 2026630345.1920251231326.135.84% 2026630 202663088,384 2026630 2026 2026 28 IP 49C919-800APU 2026 1.2026630 A 1.002.17,024,964,89377.08 H 5,062,771,77722.92 1.002.5,062,771,77722.92 22,087,736,670100.00 2. 2026630 3. 2026429202620266301505.211.00AA3.764.0258,004,658 2026630D2 4. 2026630 5. C12026630 2026630C3 6. 2026630 7. 8.13.51B(1) 9. (1)2025111920251220261513,760.1820251119202615 (2)2025111920251249%20262949%19,984.6520251119202629 (3)2025122202513202611913,42920251222026119 (4)20263132026521A229,278,9001.04%9.99854.76%55.80%2026313521 (5)2026325528202622025101A320NEO20266262026525A330NEO2026325528626 (6)2026630 20262026 20262026 3408713,1307,200671388373371,1663342517182150340 2026830