Moscow, 22 March 2019 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for February and 2M 2019[1].
2M 2019 Operating Highlights
In 2M 2019, Aeroflot Group carried 8.2 million passengers, up 15.8% year-on-year. Aeroflot airline carried 5.4 million passengers, a year-on-year increase of 14.6%.
Group and Company RPKs increased by 15.8% and 10.5% year-on-year, respectively. ASKs rose by 17.3% year-on-year for the Group and by 12.4% year-on-year for the Company.
The passenger load factor decreased by 1.0 p.p. year-on-year to 76.7% for Aeroflot Group and decreased by 1.3 p.p. to 74.2% for Aeroflot airline.
February 2019 Operating Highlights
In February 2019, Aeroflot Group carried 3.9 million passengers, a year-on-year increase of 17.2%. Aeroflot airline carried 2.6 million passengers, a year-on-year increase of 15.9%.
Group and Company RPKs were up 17.5% and 11.5% year-on-year, respectively. ASKs rose by 18.4% for Aeroflot Group and by 12.5% for Aeroflot airline.
Aeroflot Group’s passenger load factor was 77.5%, representing a 0.6 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 0.7 percentage points year-on-year to 75.3%.
Fleet update
In February 2019, Aeroflot Group added one Airbus A320. One Airbus A319 was phased-out. As of 28 February 2019, the Group fleet had 367 aircraft.
There were no changes in Aeroflot airline fleet in February 2019. As of 28 February 2019, the Company fleet had 253 aircraft.
| Net changes in the fleet | Number of aircraft[2] as of 28.02.2019 | ||
| February 2019 | 2M 2019 | ||
| Aeroflot Group | - | +1 | 367 |
| Aeroflot airline | - | - | 253 |
Aeroflot Group Operating Results
| February 2019 | February 2018 | Change | 2M 2019 | 2M 2018 | Change | |
| Passengers carried, thousand PAX | 3,949.5 | 3,369.4 | 17.2% | 8,170.2 | 7,055.0 | 15.8% |
| - international | 1,758.4 | 1,476.4 | 19.1% | 3,674.4 | 3,143.3 | 16.9% |
| - domestic | 2,191.1 | 1,892.9 | 15.8% | 4,495.8 | 3,911.8 | 14.9% |
| Revenue Passenger Kilometres, mn | 10,304.3 | 8,772.3 | 17.5% | 21,483.0 | 18,553.0 | 15.8% |
| - international | 6,278.4 | 5,317.0 | 18.1% | 13,155.2 | 11,369.7 | 15.7% |
| - domestic | 4,025.9 | 3,455.3 | 16.5% | 8,327.7 | 7,183.3 | 15.9% |
| Available Seat Kilometres, mn | 13,297.2 | 11,228.0 | 18.4% | 28,026.3 | 23,888.6 | 17.3% |
| - international | 8,135.7 | 6,908.3 | 17.8% | 17,224.7 | 14,739.2 | 16.9% |
| - domestic | 5,161.5 | 4,319.8 | 19.5% | 10,801.7 | 9,149.5 | 18.1% |
| Passenger load factor, % | 77.5% | 78.1% | (0.6 p.p.) | 76.7% | 77.7% | (1.0 p.p.) |
| - international | 77.2% | 77.0% | 0.2 p.p. | 76.4% | 77.1% | (0.8 p.p.) |
| - domestic | 78.0% | 80.0% | (2.0 p.p.) | 77.1% | 78.5% | (1.4 p.p.) |
| Cargo and mail carried, tonnes | 20,811.4 | 18,146.6 | 14.7% | 40,723.2 | 39,526.1 | 3.0% |
| - international | 11,448.5 | 9,567.8 | 19.7% | 23,120.4 | 22,637.6 | 2.1% |
| - domestic | 9,362.9 | 8,578.8 | 9.1% | 17,602.8 | 16,888.5 | 4.2% |
| Revenue Cargo Tonne Kilometres, mn | 85.3 | 77.7 | 9.8% | 166.4 | 170.4 | (2.3%) |
| - international | 51.3 | 45.0 | 14.0% | 103.3 | 107.4 | (3.8%) |
| - domestic | 34.0 | 32.7 | 4.2% | 63.1 | 63.0 | 0.2% |
| Revenue Tonne Kilometres, mn | 1,012.7 | 867.2 | 16.8% | 2,099.9 | 1,840.2 | 14.1% |
| - international | 616.4 | 523.6 | 17.7% | 1,287.3 | 1,130.7 | 13.9% |
| - domestic | 396.4 | 343.7 | 15.3% | 812.6 | 709.5 | 14.5% |
| Available Tonne Kilometres, mn | 1,582.5 | 1,326.2 | 19.3% | 3,339.9 | 2,825.8 | 18.2% |
| - international | 986.1 | 823.9 | 19.7% | 2,088.4 | 1,758.6 | 18.8% |
| - domestic | 596.4 | 502.4 | 18.7% | 1,251.4 | 1,067.2 | 17.3% |
| Revenue load factor, % | 64.0% | 65.4% | (1.4 p.p.) | 62.9% | 65.1% | (2.3 p.p.) |
| - international | 62.5% | 63.5% | (1.0 p.p.) | 61.6% | 64.3% | (2.7 p.p.) |
| - domestic | 66.5% | 68.4% | (1.9 p.p.) | 64.9% | 66.5% | (1.6 p.p.) |
| Revenue flights | 31,885 | 27,242 | 17.0% | 67,049 | 57,510 | 16.6% |
| - international | 13,361 | 11,285 | 18.4% | 28,330 | 24,003 | 18.0% |
| - domestic | 18,524 | 15,957 | 16.1% | 38,719 | 33,507 | 15.6% |
| Flight hours | 88,016 | 74,091 | 18.8% | 185,350 | 157,502 | 17.7% |
Aeroflot - Russian Airlines Operating Results
| February 2019 | February 2018 | Change | 2M 2019 | 2M 2018 | Change | ||
| Passengers carried, thousand PAX | 2,634.0 | 2,271.9 | 15.9% | 5,417.6 | 4,726.6 | 14.6% | |
| - international | 1,351.3 | 1,185.5 | 14.0% | 2,808.3 | 2,506.6 | 12.0% | |
| - domestic | 1,282.7 | 1,086.4 | 18.1% | 2,609.3 | 2,220.0 | 17.5% | |
| Revenue Passenger Kilometres, mn | 7,178.2 | 6,437.9 | 11.5% | 14,894.4 | 13,478.4 | 10.5% | |
| - international | 4,866.5 | 4,368.9 | 11.4% | 10,174.5 | 9,237.1 | 10.1% | |
| - domestic | 2,311.6 | 2,069.1 | 11.7% | 4,719.8 | 4,241.4 | 11.3% | |
| Available Seat Kilometres, mn | 9,527.4 | 8,465.8 | 12.5% | 20,071.7 | 17,851.1 | 12.4% | |
| - international | 6,481.3 | 5,856.3 | 10.7% | 13,712.0 | 12,371.3 | 10.8% | |
| - domestic | 3,046.0 | 2,609.5 | 16.7% | 6,359.7 | 5,479.8 | 16.1% | |
| Passenger load factor, % | 75.3% | 76.0% | (0.7 p.p.) | 74.2% | 75.5% | (1.3 p.p.) | |
| - international | 75.1% | 74.6% | 0.5 p.p. | 74.2% | 74.7% | (0.5 p.p.) | |
| - domestic | 75.9% | 79.3% | (3.4 p.p.) | 74.2% | 77.4% | (3.2 p.p.) | |
| Cargo and mail carried, tonnes | 14,697.6 | 13,412.3 | 9.6% | 28,333.1 | 29,857.6 | (5.1%) | |
| - international | 9,540.3 | 8,631.0 | 10.5% | 19,076.8 | 20,581.8 | (7.3%) | |
| - domestic | 5,157.2 | 4,781.3 | 7.9% | 9,256.3 | 9,275.8 | (0.2%) | |
| Revenue Cargo Tonne Kilometres, mn | 64.6 | 63.1 | 2.3% | 126.4 | 141.2 | (10.5%) | |
| - international | 44.8 | 42.4 | 5.7% | 90.7 | 101.6 | (10.8%) | |
| - domestic | 19.9 | 20.8 | (4.5%) | 35.7 | 39.6 | (9.7%) | |
| Revenue Tonne Kilometres, mn | 710.6 | 642.6 | 10.6% | 1,466.9 | 1,354.3 | 8.3% | |
| - international | 482.7 | 435.6 | 10.8% | 1,006.4 | 933.0 | 7.9% | |
| - domestic | 227.9 | 207.0 | 10.1% | 460.5 | 421.3 | 9.3% | |
| Available Tonne Kilometres, mn | 1,145.5 | 1,015.4 | 12.8% | 2,415.0 | 2,144.3 | 12.6% | |
| - international | 793.5 | 710.4 | 11.7% | 1,680.0 | 1,503.4 | 11.7% | |
| - domestic | 352.0 | 305.1 | 15.4% | 735.0 | 640.9 | 14.7% | |
| Revenue load factor, % | 62.0% | 63.3% | (1.2 p.p.) | 60.7% | 63.2% | (2.4 p.p.) | |
| - international | 60.8% | 61.3% | (0.5 p.p.) | 59.9% | 62.1% | (2.2 p.p.) | |
| - domestic | 64.7% | 67.9% | (3.1 p.p.) | 62.7% | 65.7% | (3.1 p.p.) | |
| Revenue flights | 21,946 | 18,513 | 18.5% | 46,145 | 39,107 | 18.0% | |
| - international | 10,627 | 9,313 | 14.1% | 22,466 | 19,735 | 13.8% | |
| - domestic | 11,319 | 9,200 | 23.0% | 23,679 | 19,372 | 22.2% | |
| Flight hours | 62,990 | 53,619 | 17.5% | 132,681 | 113,599 | 16.8% | |
[1] Management accounts.
[2] Excluding An-24 aircraft subleased out.
