December 27, 2014 12:03 PM ET

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Company Overview of Advanced Inflight Alliance AG

Company Overview

Advanced Inflight Alliance AG, together with its subsidiaries, provides inflight entertainment services worldwide. The company’s Content Service Provider segment offers content services that comprise audio and video programs, such as feature films, TV programs, news, and sports, as well as electronic games. This segment is also involved in the development of graphical user interfaces for various inflight entertainment and Internet applications; database management related to the management of inflight entertainment; and technical integration and operation of on-board systems, as well as develops various applications for the next generation of inflight entertainment systems. Its Content segme...

Schellingstrasse 35

Munich,  80799

Germany

Founded in 1998

Phone:

49 89 613 8050

Fax:

49 89 613 80555

Key Executives for Advanced Inflight Alliance AG

Advanced Inflight Alliance AG does not have any Key Executives recorded.

Advanced Inflight Alliance AG Key Developments

Advanced Inflight Alliance AG to Report Fiscal Year 2013 Results on Apr 04, 2014

Advanced Inflight Alliance AG announced that they will report fiscal year 2013 results on Apr 04, 2014

Advanced Inflight Alliance AG Reports Preliminary Group Financial Results for the Full Year of 2013

Advanced Inflight Alliance AG reported preliminary group financial results for the full year of 2013. The company reported consolidated group revenues slightly decreased by 1% from EUR 130.3 million in 2012 to EUR 128.8 million in 2013. The main reasons for this development were a slightly less favorable currency environment as well as changes in the customer base in the Content Service Providing (CSP) business. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 25.5 million in 2013 and therefore were 75% above the previous year's figure of EUR 14.6 million. But in 2013 the EBITDA was affected by high one-time effects. Furthermore, EBITDA in 2013 contained positive reported foreign currency effects of EUR 0.3 million. At EUR 21.1 million, EBITDA adjusted for one-time effects and reported foreign currency effects increased by around 39% on the previous year's adjusted EBITDA of EUR 15.2 million. Earnings before interest and taxes (EBIT) stood at EUR 19.8 million in 2013 and therefore were roughly 100% higher than the EBIT for 2012 of EUR 9.9 million. The EBIT adjusted for one-time effects and reported foreign currency effects in 2013 was EUR 15.4 million. This represents an increase of 47% compared to the previous year's figure of EUR 10.5 million. The group reported earnings before taxes (EBT) of EUR 26.9 million for 2013. This represents more than a triplication compared to the previous year's EBT of EUR 8.6 million, which is predominately driven by the one-time effects and the finance income. The EBT adjusted for one-time effects, the finance income and for reported foreign currency effects in 2013 was EUR 14.8 million, which represents an increase of 61% compared to the previous year's figure of EUR 9.2 million. The net profit for 2013 at EUR 21.3 million was substantially up compared to the previous year's figure of EUR 5.1 million, due to the one-time effects and the financial income. This development represents almost a quadruplication. Amounting to EUR 0.89 in 2013, earnings per share (EPS) in accordance with IFRS substantially increased compared to the previous year's figure of EUR 0.25.

Advanced Inflight Alliance AG, Special/Extraordinary Shareholders Meeting, Feb 21, 2014

Advanced Inflight Alliance AG, Special/Extraordinary Shareholders Meeting, Feb 21, 2014. Agenda: To adopt a resolution on the transfer of all shares to the remaining shareholders of Advanced Inflight Alliance AG (AIA) to Global Entertainment AG (GE AG) against payment of reasonable cash.

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