Moscow, 24 January 2018 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for December and twelve months of 2017[1].
In twelve months of 2017, Aeroflot Group carried 50.1 million passengers, up 15.4% year-on-year. Aeroflot airline carried 32.8 million passengers, a year-on-year increase of 13.3%.
Group and Company RPKs increased by 16.2% and 11.0% year-on-year, respectively. ASKs rose by 14.2% year-on-year for Aeroflot Group and by 10.3% for Aeroflot airline.
The passenger load factor increased by 1.4 p.p. year-on-year to 82.8% for the Group and by 0.5 p.p. year-on-year to 81.8% for the Company.
In December 2017, Aeroflot Group carried 3.8 million passengers, up 9.6% year-on-year. Aeroflot airline carried 2.6 million passengers, a year-on-year increase of 8.7%.
Group and Company RPKs increased by 9.1% and 7.8% year-on-year, respectively. ASKs rose by 7.3% year-on-year for Aeroflot Group and by 7.9% for Aeroflot airline.
On domestic routes, Group passengers carried and RPKs grew by 8.5% and 7.5% year-on-year, respectively. ASKs grew by 2.8% year-on-year. Company passengers carried and RPKs on domestic routes were up 8.8% and 6.3% year-on-year, respectively. ASKs grew by 5.3%.
In December 2017, the number of passengers carried on the Group’s international routes increased by 11.0% year-on-year. RPKs increased by 10.2%, while capacity grew by 10.2%. The number of passengers carried by Aeroflot airline on international routes increased by 8.7%. RPKs increased by 8.5% and ASKs by 9.0%. Growth in the international segment was driven by stable demand in the context of a strengthening ruble, increased flight frequencies and the launch of flights to new international destinations, as well as the development of Rossiya’s partnerships with tour operators and of Pobeda’s international route network.
The passenger load factor increased by 1.3 p.p. year-on-year to 78.6% for the Group. For the Company the passenger load factor decreased by 0.1 p.p. year-on-year to 77.1%.
In December 2017, the Group added five aircraft: three SSJ100 and two Boeing 737-800. At the same time one Boeing 777-200ER was phased out of the Aeroflot Group fleet. Overall, since the start of the year the Group fleet increased by 40 aircraft, bringing the total fleet to 325 aircraft as of 31 December 2017 (excluding one An-24 which was leased out and six An-148 which were subleased).
In December 2017, Aeroflot airline added four aircraft: three SSJ100 and two Boeing 737-800. Overall, since the start of the year the fleet of Aeroflot airline increased by 35 aircraft, bringing the total fleet to 224 aircraft as of 31 December 2017.
| December 2017 | December 2016 | Change | 12 months 2017 | 12 months 2016 | Change | |
| Passengers carried, thousand PAX | 3,757.5 | 3,429.2 | 9.6% | 50,129.0 | 43,440.4 | 15.4% |
| - international | 1,669.5 | 1,504.4 | 11.0% | 22,549.7 | 18,288.9 | 23.3% |
| - domestic | 2,088.0 | 1,924.8 | 8.5% | 27,579.2 | 25,151.5 | 9.7% |
| Revenue Passenger Kilometres, mn | 9,825.1 | 9,004.5 | 9.1% | 130,222.2 | 112,110.3 | 16.2% |
| - international | 5,927.5 | 5,377.7 | 10.2% | 77,034.3 | 63,432.5 | 21.4% |
| - domestic | 3,897.6 | 3,626.8 | 7.5% | 53,187.9 | 48,677.8 | 9.3% |
| Available Seat Kilometres, mn | 12,494.8 | 11,648.7 | 7.3% | 157,210.6 | 137,654.0 | 14.2% |
| - international | 7,721.8 | 7,006.5 | 10.2% | 93,429.3 | 79,334.3 | 17.8% |
| - domestic | 4,773.0 | 4,642.2 | 2.8% | 63,781.3 | 58,319.7 | 9.4% |
| Passenger load factor, % | 78.6% | 77.3% | 1.3 p.p. | 82.8% | 81.4% | 1.4 p.p. |
| - international | 76.8% | 76.8% | - | 82.5% | 80.0% | 2.5 p.p. |
| - domestic | 81.7% | 78.1% | 3.5 p.p. | 83.4% | 83.5% | (0.1 p.p.) |
| Cargo and mail carried, tonnes | 27,185.6 | 24,689.8 | 10.1% | 273,359.0 | 205,787.7 | 32.8% |
| - international | 15,081.4 | 13,094.4 | 15.2% | 153,328.0 | 97,968.5 | 56.5% |
| - domestic | 12,104.2 | 11,595.4 | 4.4% | 120,031.0 | 107,819.2 | 11.3% |
| Revenue Cargo Tonne Kilometres, mn | 116.3 | 111.1 | 4.7% | 1,231.1 | 917.8 | 34.1% |
| - international | 72.3 | 63.8 | 13.4% | 755.6 | 468.4 | 61.3% |
| - domestic | 44.0 | 47.3 | (6.9%) | 475.6 | 449.4 | 5.8% |
| Revenue Tonne Kilometres, mn | 1,000.6 | 921.5 | 8.6% | 12,951.1 | 11,007.7 | 17.7% |
| - international | 605.8 | 547.8 | 10.6% | 7,688.7 | 6,177.3 | 24.5% |
| - domestic | 394.8 | 373.7 | 5.6% | 5,262.4 | 4,830.4 | 8.9% |
| Available Tonne Kilometres, mn | 1,479.9 | 1,431.3 | 3.4% | 18,843.2 | 16,747.0 | 12.5% |
| - international | 922.4 | 865.6 | 6.6% | 11,185.7 | 9,734.1 | 14.9% |
| - domestic | 557.5 | 565.7 | (1.5%) | 7,657.6 | 7,012.9 | 9.2% |
| Revenue load factor, % | 67.6% | 64.4% | 3.2 p.p. | 68.7% | 65.7% | 3.0 p.p. |
| - international | 65.7% | 63.3% | 2.4 p.p. | 68.7% | 63.5% | 5.3 p.p. |
| - domestic | 70.8% | 66.1% | 4.8 p.p. | 68.7% | 68.9% | (0.2 p.p.) |
| Revenue flights | 29,999 | 27,420 | 9.4% | 368,473 | 331,853 | 11.0% |
| - international | 12,535 | 11,220 | 11.7% | 153,425 | 135,900 | 12.9% |
| - domestic | 17,464 | 16,200 | 7.8% | 215,048 | 195,953 | 9.7% |
| Flight hours for fleet | 82,891 | 75,284 | 10.1% | 1,009,108 | 911,776 | 10.7% |
| December 2017 | December 2016 | Change | 12 months 2017 | 12 months 2016 | Change | |
| Passengers carried, thousand PAX | 2,567.5 | 2,361.2 | 8.7% | 32,845.2 | 28,977.9 | 13.3% |
| - international | 1,352.4 | 1,244.0 | 8.7% | 17,154.1 | 14,873.7 | 15.3% |
| - domestic | 1,215.1 | 1,117.2 | 8.8% | 15,691.1 | 14,104.2 | 11.3% |
| Revenue Passenger Kilometres, mn | 7,236.7 | 6,714.5 | 7.8% | 91,809.9 | 82,693.3 | 11.0% |
| - international | 4,891.2 | 4,508.2 | 8.5% | 60,669.4 | 53,339.0 | 13.7% |
| - domestic | 2,345.5 | 2,206.3 | 6.3% | 31,140.5 | 29,354.3 | 6.1% |
| Available Seat Kilometres, mn | 9,383.3 | 8,700.0 | 7.9% | 112,246.0 | 101,757.9 | 10.3% |
| - international | 6,534.5 | 5,993.8 | 9.0% | 75,315.6 | 67,387.0 | 11.8% |
| - domestic | 2,848.8 | 2,706.2 | 5.3% | 36,930.4 | 34,370.9 | 7.4% |
| Passenger load factor, % | 77.1% | 77.2% | (0.1 p.p.) | 81.8% | 81.3% | 0.5 p.p. |
| - international | 74.9% | 75.2% | (0.3 p.p.) | 80.6% | 79.2% | 1.4 p.p. |
| - domestic | 82.3% | 81.5% | 0.8 p.p. | 84.3% | 85.4% | (1.1 p.p.) |
| Cargo and mail carried, tonnes | 20,737.4 | 20,314.9 | 2.1% | 226,589.8 | 175,504.9 | 29.1% |
| - international | 13,989.7 | 12,934.6 | 8.2% | 148,680.3 | 96,081.1 | 54.7% |
| - domestic | 6,747.7 | 7,380.3 | (8.6%) | 77,909.5 | 79,423.8 | (1.9%) |
| Revenue Cargo Tonne Kilometres, mn | 95.6 | 92.0 | 3.9% | 1,053.6 | 810.7 | 30.0% |
| - international | 69.3 | 63.4 | 9.4% | 738.8 | 464.1 | 59.2% |
| - domestic | 26.3 | 28.6 | (8.1%) | 314.9 | 346.6 | (9.2%) |
| Revenue Tonne Kilometres, mn | 746.9 | 696.3 | 7.3% | 9,316.5 | 8,253.1 | 12.9% |
| - international | 509.5 | 469.1 | 8.6% | 6,199.0 | 5,264.6 | 17.7% |
| - domestic | 237.4 | 227.2 | 4.5% | 3,117.5 | 2,988.5 | 4.3% |
| Available Tonne Kilometres, mn | 1,128.1 | 1,080.8 | 4.4% | 13,676.8 | 12,694.6 | 7.7% |
| - international | 795.0 | 754.1 | 5.4% | 9,228.5 | 8,412.0 | 9.7% |
| - domestic | 333.1 | 326.7 | 2.0% | 4,448.3 | 4,282.6 | 3.9% |
| Revenue load factor, % | 66.2% | 64.4% | 1.8 p.p. | 68.1% | 65.0% | 3.1 p.p. |
| - international | 64.1% | 62.2% | 1.9 p.p. | 67.2% | 62.6% | 4.6 p.p. |
| - domestic | 71.3% | 69.5% | 1.8 p.p. | 70.1% | 69.8% | 0.3 p.p. |
| Revenue flights | 20,495 | 18,419 | 11.3% | 243,317 | 218,734 | 11.2% |
| - international | 10,351 | 9,355 | 10.6% | 121,003 | 110,149 | 9.9% |
| - domestic | 10,144 | 9,064 | 11.9% | 122,314 | 108,585 | 12.6% |
| Flight hours for fleet | 60,107 | 54,182 | 10.9% | 702,807 | 639,524 | 9.9% |
[1] According to management accounts.
