Aeroflot Group Announces Operating Results for March 2019

23 April 2019

 

Moscow, 23 April 2019 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for March and 3M 2019[1].

3M 2019 Operating Highlights

In 3M 2019, Aeroflot Group carried 12.8 million passengers, up 16.2% year-on-year. Aeroflot airline carried 8.5 million passengers, a year-on-year increase of 14.3%.

Group and Company RPKs increased by 16.7% and 11.0% year-on-year, respectively. ASKs rose by 17.5% year-on-year for the Group and by 12.0% year-on-year for the Company.

The passenger load factor decreased by 0.6 p.p. year-on-year to 77.9% for Aeroflot Group and decreased by 0.7 p.p. to 75.8% for Aeroflot airline.

March 2019 Operating Highlights

In March 2019, Aeroflot Group carried 4.6 million passengers, a year-on-year increase of 16.9%. Aeroflot airline carried 3.0 million passengers, a year-on-year increase of 13.8%.

Group and Company RPKs were up 18.3% and 11.9% year-on-year, respectively. ASKs rose by 17.9% for Aeroflot Group and by 11.2% for Aeroflot airline.

Aeroflot Group’s passenger load factor was 80.3%, representing a 0.3 percentage point increase versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines increased by 0.5 percentage points year-on-year to 78.8%.

Fleet update

In March 2019, Aeroflot Group added two Boeing 777-300ER and two Boeing 737-800. As of 31 March 2019, the Group fleet had 371 aircraft.

Aeroflot airline added two Boeing 777-300ER aircraft. As of 31 March 2019, the Company fleet had 255 aircraft.

 

Net changes in the fleet

Number of aircraft[2]

as of 31.03.2019

 

March 2019

3M 2019

Aeroflot Group

+4

+5

371

Aeroflot airline

+2

+2

255

Aeroflot Group Operating Results

March 2019

March 2018

Change

3M 2019

3M 2018

Change

Passengers carried, thousand PAX

4,594.1

3,930.1

16.9%

12,764.2

10,985.2

16.2%

- international

2,056.4

1,744.5

17.9%

5,730.8

4,887.8

17.2%

- domestic

2,537.6

2,185.6

16.1%

7,033.4

6,097.3

15.4%

Revenue Passenger Kilometres, mn

12,058.8

10,190.1

18.3%

33,541.7

28,743.1

16.7%

- international

7,410.0

6,198.0

19.6%

20,565.2

17,567.8

17.1%

- domestic

4,648.8

3,992.1

16.4%

12,976.5

11,175.3

16.1%

Available Seat Kilometres, mn

15,016.7

12,735.0

17.9%

43,043.0

36,623.6

17.5%

- international

9,322.4

7,764.6

20.1%

26,547.0

22,503.8

18.0%

- domestic

5,694.3

4,970.3

14.6%

16,496.0

14,119.8

16.8%

Passenger load factor, %

80.3%

80.0%

0.3 p.p.

77.9%

78.5%

(0.6 p.p.)

- international

79.5%

79.8%

(0.3 p.p.)

77.5%

78.1%

(0.6 p.p.)

- domestic

81.6%

80.3%

1.3 p.p.

78.7%

79.1%

(0.5 p.p.)

Cargo and mail carried, tonnes

24,272.3

23,140.2

4.9%

64,995.6

62,666.2

3.7%

- international

14,041.3

13,372.7

5.0%

37,161.7

36,010.3

3.2%

- domestic

10,231.0

9,767.5

4.7%

27,833.8

26,655.9

4.4%

Revenue Cargo Tonne Kilometres, mn

102.9

100.1

2.8%

269.4

270.6

(0.4%)

- international

66.3

64.0

3.7%

169.6

171.4

(1.0%)

- domestic

36.6

36.2

1.3%

99.8

99.2

0.6%

Revenue Tonne Kilometres, mn

1,188.2

1,017.2

16.8%

3,288.1

2,857.5

15.1%

- international

733.2

621.8

17.9%

2,020.5

1,752.5

15.3%

- domestic

455.0

395.5

15.1%

1,267.6

1,105.0

14.7%

Available Tonne Kilometres, mn

1,773.5

1,501.7

18.1%

5,113.3

4,327.5

18.2%

- international

1,114.5

924.1

20.6%

3,202.9

2,682.7

19.4%

- domestic

659.0

577.6

14.1%

1,910.4

1,644.8

16.1%

Revenue load factor, %

67.0%

67.7%

(0.7 p.p.)

64.3%

66.0%

(1.7 p.p.)

- international

65.8%

67.3%

(1.5 p.p.)

63.1%

65.3%

(2.2 p.p.)

- domestic

69.1%

68.5%

0.6 p.p.

66.4%

67.2%

(0.8 p.p.)

Revenue flights

35,409

31,026

14.1%

102,458

88,536

15.7%

- international

14,896

12,866

15.8%

43,226

36,869

17.2%

- domestic

20,513

18,160

13.0%

59,232

51,667

14.6%

Flight hours

98,188

84,449

16.3%

283,538

241,952

17.2%

Aeroflot - Russian Airlines Operating Results

March 2019

March 2018

Change

3M 2019

3M 2018

Change

Passengers carried, thousand PAX

3,035.1

2,667.4

13.8%

8,452.7

7,394.0

14.3%

- international

1,571.8

1,392.9

12.8%

4,380.1

3,899.5

12.3%

- domestic

1,463.3

1,274.5

14.8%

4,072.6

3,494.6

16.5%

Revenue Passenger Kilometres, mn

8,390.8

7,496.8

11.9%

23,285.2

20,975.3

11.0%

- international

5,750.2

5,087.6

13.0%

15,924.8

14,324.7

11.2%

- domestic

2,640.6

2,409.2

9.6%

7,360.4

6,650.6

10.7%

Available Seat Kilometres, mn

10,644.4

9,568.1

11.2%

30,716.1

27,419.2

12.0%

- international

7,350.8

6,540.6

12.4%

21,062.8

18,912.0

11.4%

- domestic

3,293.6

3,027.5

8.8%

9,653.3

8,507.2

13.5%

Passenger load factor, %

78.8%

78.4%

0.5 p.p.

75.8%

76.5%

(0.7 p.p.)

- international

78.2%

77.8%

0.4 p.p.

75.6%

75.7%

(0.1 p.p.)

- domestic

80.2%

79.6%

0.6 p.p.

76.2%

78.2%

(1.9 p.p.)

Cargo and mail carried, tonnes

17,499.1

17,690.2

(1.1%)

45,832.1

47,547.8

(3.6%)

- international

11,876.4

12,183.5

(2.5%)

30,953.1

32,765.3

(5.5%)

- domestic

5,622.7

5,506.7

2.1%

14,879.0

14,782.5

0.7%

Revenue Cargo Tonne Kilometres, mn

79.8

83.3

(4.2%)

206.2

224.5

(8.2%)

- international

58.3

60.5

(3.6%)

149.0

162.1

(8.1%)

- domestic

21.4

22.8

(5.9%)

57.1

62.3

(8.3%)

Revenue Tonne Kilometres, mn

834.9

758.0

10.2%

2,301.8

2,112.2

9.0%

- international

575.9

518.4

11.1%

1,582.3

1,451.4

9.0%

- domestic

259.1

239.6

8.1%

719.6

660.9

8.9%

Available Tonne Kilometres, mn

1,270.0

1,147.2

10.7%

3,685.0

3,291.5

12.0%

- international

888.6

793.4

12.0%

2,568.6

2,296.9

11.8%

- domestic

381.4

353.8

7.8%

1,116.4

994.7

12.2%

Revenue load factor, %

65.7%

66.1%

(0.3 p.p.)

62.5%

64.2%

(1.7 p.p.)

- international

64.8%

65.3%

(0.5 p.p.)

61.6%

63.2%

(1.6 p.p.)

- domestic

67.9%

67.7%

0.2 p.p.

64.5%

66.4%

(2.0 p.p.)

Revenue flights

23,991

21,125

13.6%

70,136

60,232

16.4%

- international

11,725

10,524

11.4%

34,191

30,259

13.0%

- domestic

12,266

10,601

15.7%

35,945

29,973

19.9%

Flight hours

69,446

60,979

13.9%

202,127

174,577

15.8%


[1] Management accounts.

[2] Excluding aircraft leased or subleased out.