Moscow, 21 May 2018 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for April and 4M 2018[1].
In 4M 2018, Aeroflot Group carried 15.2 million passengers, up 7.2% year-on-year. Aeroflot airline carried 10.2 million passengers, a year-on-year increase of 6.0%. Group and Company RPKs increased by 7.2% and 4.9% year-on-year, respectively. ASKs rose by 7.4% year-on-year for the Group and by 7.5% year-on-year for the Company. The passenger load factor decreased by 0.2 p.p. year-on-year to 79.1% for Aeroflot Group and by 2.0 p.p. to 77.2% for Aeroflot airline.
In April 2018, Aeroflot Group carried 4.2 million passengers, up 8.8% year-on-year. Aeroflot airline carried 2.8 million passengers, a year-on-year increase of 7.5%.
Group and Company RPKs were up 8.4% and 5.6% year-on-year, respectively. ASKs rose by 11.0% for Aeroflot Group and by 11.3% for Aeroflot airline.
On domestic routes, Group passengers carried and RPKs grew by 9.0% and 10.8% year-on-year, respectively. ASKs grew by 8.9% year-on-year. Company passengers carried and RPKs increased by 10.2% and 8.6% year-on-year, respectively. ASKs grew by 11.0%.
In April 2018, the number of passengers carried on the Group’s international routes increased by 8.6% year-on-year. RPKs grew by 6.8%, while capacity grew by 12.6%. The number of passengers carried by Aeroflot airline on international routes increased by 4.9%. RPKs grew by 4.1%, ASKs by 11.4%.
The passenger load factor decreased by 2.0 p.p. year-on-year to 80.7% for Aeroflot Group and by 4.2 p.p. to 79.3% for Aeroflot airline. The significant increase in the passenger load factor in April 2017 driven by appreciation of the rouble created a high base factor, leading to a non-material normalisation of this indicator in the April 2018 reporting period. (In April 2017, the passenger load factor increased by 3.3 p.p. year-on-year for the Group and by 3.0 p.p. year-on-year for the Company).
In April 2018, Aeroflot Group added five aircraft: two Airbus A320, two Boeing 737-800 and one Boeing 777-300. One Airbus A321 was phased out. As of 30 April 2018, the Group fleet had 340 aircraft[2].
Aeroflot airline added four aircraft: two Airbus A320 and two Boeing 737-800. One Airbus A321 was phased out. As of 30 April 2018, the Company fleet had 235 aircraft.
| Net changes in the fleet | Number of aircraft[2] as of 30.04.2018 | ||
| April 2018 | 4M 2018 | ||
| Aeroflot Group | +4 | +14 | 340 |
| Aeroflot airline | +3 | +11 | 235 |
| April 2018 | April 2017 | Change | 4M 2018 | 4M 2017 | Change | |
| Passengers carried, thousand PAX | 4,185.3 | 3,847.1 | 8.8% | 15,170.5 | 14,148.6 | 7.2% |
| - international | 1,851.3 | 1,705.0 | 8.6% | 6,739.1 | 6,282.7 | 7.3% |
| - domestic | 2,334.1 | 2,142.1 | 9.0% | 8,431.4 | 7,865.9 | 7.2% |
| Revenue Passenger Kilometres, mln | 10,773.3 | 9,937.1 | 8.4% | 39,516.3 | 36,870.6 | 7.2% |
| - international | 6,343.8 | 5,939.3 | 6.8% | 23,911.5 | 22,470.3 | 6.4% |
| - domestic | 4,429.5 | 3,997.8 | 10.8% | 15,604.8 | 14,400.4 | 8.4% |
| Available Seat Kilometres, mln | 13,343.7 | 12,016.1 | 11.0% | 49,967.3 | 46,526.1 | 7.4% |
| - international | 7,957.3 | 7,068.5 | 12.6% | 30,461.2 | 27,915.2 | 9.1% |
| - domestic | 5,386.3 | 4,947.6 | 8.9% | 19,506.1 | 18,610.9 | 4.8% |
| Passenger load factor, % | 80.7% | 82.7% | (2.0 p.p.) | 79.1% | 79.2% | (0.2 p.p.) |
| - international | 79.7% | 84.0% | (4.3 p.p.) | 78.5% | 80.5% | (2.0 p.p.) |
| - domestic | 82.2% | 80.8% | 1.4 p.p. | 80.0% | 77.4% | 2.6 p.p. |
| Cargo and mail carried, tonnes | 23,997.4 | 21,956.7 | 9.3% | 86,663.6 | 79,136.8 | 9.5% |
| - international | 13,723.6 | 12,253.0 | 12.0% | 49,734.0 | 45,041.6 | 10.4% |
| - domestic | 10,273.7 | 9,703.8 | 5.9% | 36,929.6 | 34,095.3 | 8.3% |
| Revenue Cargo Tonne Kilometres, mln | 104.2 | 98.8 | 5.4% | 374.8 | 357.6 | 4.8% |
| - international | 66.4 | 60.9 | 8.9% | 237.8 | 223.4 | 6.4% |
| - domestic | 37.8 | 37.9 | (0.3%) | 137.0 | 134.2 | 2.1% |
| Revenue Tonne Kilometres, mln | 1,073.8 | 993.2 | 8.1% | 3,931.2 | 3,675.9 | 6.9% |
| - international | 637.3 | 595.5 | 7.0% | 2,389.8 | 2,245.8 | 6.4% |
| - domestic | 436.4 | 397.7 | 9.7% | 1,541.4 | 1,430.3 | 7.8% |
| Available Tonne Kilometres, mln | 1,572.7 | 1,441.5 | 9.1% | 5,900.2 | 5,662.4 | 4.2% |
| - international | 941.8 | 848.0 | 11.1% | 3,624.6 | 3,417.6 | 6.1% |
| - domestic | 630.8 | 593.5 | 6.3% | 2,275.6 | 2,244.8 | 1.4% |
| Revenue load factor, % | 68.3% | 68.9% | (0.6 p.p.) | 66.6% | 64.9% | 1.7 p.p. |
| - international | 67.7% | 70.2% | (2.6 p.p.) | 65.9% | 65.7% | 0.2 p.p. |
| - domestic | 69.2% | 67.0% | 2.2 p.p. | 67.7% | 63.7% | 4.0 p.p. |
| Revenue flights | 32,028 | 29,042 | 10.3% | 120,566 | 111,392 | 8.2% |
| - international | 13,428 | 11,976 | 12.1% | 50,297 | 45,741 | 10.0% |
| - domestic | 18,600 | 17,066 | 9.0% | 70,269 | 65,651 | 7.0% |
| Flight hours for fleet | 87,998 | 79,136 | 11.2% | 329,952 | 304,095 | 8.5% |
| April 2018 | April 2017 | Change | 4M 2018 | 4M 2017 | Change | |
| Passengers carried, thousand PAX | 2,819.9 | 2,624.3 | 7.5% | 10,213.9 | 9,639.6 | 6.0% |
| - international | 1,439.1 | 1,371.2 | 4.9% | 5,338.5 | 5,124.8 | 4.2% |
| - domestic | 1,380.9 | 1,253.1 | 10.2% | 4,875.4 | 4,514.8 | 8.0% |
| Revenue Passenger Kilometres, mln | 7,787.2 | 7,372.9 | 5.6% | 28,762.4 | 27,431.7 | 4.9% |
| - international | 5,088.5 | 4,887.4 | 4.1% | 19,413.2 | 18,647.3 | 4.1% |
| - domestic | 2,698.6 | 2,485.5 | 8.6% | 9,349.3 | 8,784.4 | 6.4% |
| Available Seat Kilometres, mln | 9,819.0 | 8,824.8 | 11.3% | 37,238.2 | 34,630.1 | 7.5% |
| - international | 6,529.8 | 5,861.1 | 11.4% | 25,441.8 | 23,584.5 | 7.9% |
| - domestic | 3,289.2 | 2,963.7 | 11.0% | 11,796.5 | 11,045.6 | 6.8% |
| Passenger load factor, % | 79.3% | 83.5% | (4.2 p.p.) | 77.2% | 79.2% | (2.0 p.p.) |
| - international | 77.9% | 83.4% | (5.5 p.p.) | 76.3% | 79.1% | (2.8 p.p.) |
| - domestic | 82.0% | 83.9% | (1.9 p.p.) | 79.3% | 79.5% | (0.2 p.p.) |
| Cargo and mail carried, tonnes | 18,596.0 | 18,986.2 | (2.1%) | 66,143.8 | 67,817.0 | (2.5%) |
| - international | 12,518.9 | 12,027.8 | 4.1% | 45,284.2 | 44,274.7 | 2.3% |
| - domestic | 6,077.1 | 6,958.4 | (12.7%) | 20,859.6 | 23,542.3 | (11.4%) |
| Revenue Cargo Tonne Kilometres, mln | 88.0 | 88.4 | (0.5%) | 312.4 | 314.6 | (0.7%) |
| - international | 62.7 | 59.9 | 4.7% | 224.9 | 220.1 | 2.2% |
| - domestic | 25.3 | 28.5 | (11.4%) | 87.6 | 94.5 | (7.3%) |
| Revenue Tonne Kilometres, mln | 788.8 | 752.0 | 4.9% | 2,901.1 | 2,783.4 | 4.2% |
| - international | 520.7 | 499.8 | 4.2% | 1,972.0 | 1,898.3 | 3.9% |
| - domestic | 268.1 | 252.2 | 6.3% | 929.0 | 885.1 | 5.0% |
| Available Tonne Kilometres, mln | 1,176.8 | 1,072.0 | 9.8% | 4,468.3 | 4,276.0 | 4.5% |
| - international | 786.3 | 715.0 | 10.0% | 3,083.2 | 2,941.9 | 4.8% |
| - domestic | 390.4 | 357.0 | 9.4% | 1,385.1 | 1,334.1 | 3.8% |
| Revenue load factor, % | 67.0% | 70.1% | (3.1 p.p.) | 64.9% | 65.1% | (0.2 p.p.) |
| - international | 66.2% | 69.9% | (3.7 p.p.) | 64.0% | 64.5% | (0.5 p.p.) |
| - domestic | 68.7% | 70.6% | 1.9 p.p.) | 67.1% | 66.3% | 0.8 p.p. |
| Revenue flights | 21,628 | 19,369 | 11.7% | 81,860 | 74,876 | 9.3% |
| - international | 10,656 | 9,613 | 10.8% | 40,915 | 37,642 | 8.7% |
| - domestic | 10,972 | 9,756 | 12.5% | 40,945 | 37,234 | 10.0% |
| Flight hours for fleet | 62,159 | 55,955 | 11.1% | 236,737 | 217,978 | 8.6% |
[1] Management accounts.
[2] Excluding aircraft leased or subleased out.
