Moscow, 19 September2019 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for August and 8M 2019 [1] .
8M2019 Operating Highlights
In 8M 2019, Aeroflot Group carried 41.0 million passengers, up 11.4% year-on-year. Aeroflot airline carried 25.2 million passengers, a year-on-year increase of 7.3%.
Group and Company RPKs increased by 11.8% and 6.6% year-on-year, respectively. ASKs rose by 13.0% year-on-year for the Group and by 8.0% year-on-year for the Company.
The passenger load factor decreased by 0.9 p.p. year-on-year to 82.4% for Aeroflot Group and decreased by 1.1 p.p. to 80.0% for Aeroflot airline.
August 2019 Operating Highlights
In August 2019, Aeroflot Group carried 6.4 million passengers, a year-on-year increase of 7.1%. Aeroflot airline carried 3.7 million passengers, a year-on-year increase of 1.7%.
Group and Company RPKs were up 6.8% and 1.2% year-on-year, respectively. ASKs rose by 8.0% for Aeroflot Group and by 3.0% for Aeroflot airline.
Aeroflot Group’s passenger load factor was 90.2%, representing a 1.0 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 1.6 percentage points year-on-year to 87.8%.
Fleet update
There were no changes in Aeroflot Group fleet in August 2019. As of 31 August 2019, Group and Company fleet had 364 and 249 aircraft, respectively.
| Net changes in the fleet | Number of aircraft[2] as of 31.08.2019 | ||
| August 2019 | 8M 2019 | ||
| Aeroflot Group | - | -2 | 364 |
| Aeroflot airline | - | -4 | 249 |
Aeroflot Group Operating Results
| August 2019 | August 2018 | Change | 8M 2019 | 8M 2018 | Change | |||
| Passengers carried, thousand PAX | 6,427.2 | 5,999.9 | 7.1% | 41,045.5 | 36,842.4 | 11.4% | ||
| - international | 2,859.5 | 2,647.7 | 8.0% | 18,380.9 | 16,351.0 | 12.4% | ||
| - domestic | 3,567.7 | 3,352.3 | 6.4% | 22,664.7 | 20,491.3 | 10.6% | ||
| Revenue Passenger Kilometres, mn | 16,359.4 | 15,319.4 | 6.8% | 105,659.7 | 94,513.2 | 11.8% | ||
| - international | 9,173.6 | 8,522.9 | 7.6% | 61,873.2 | 54,922.4 | 12.7% | ||
| - domestic | 7,185.8 | 6,796.5 | 5.7% | 43,786.4 | 39,590.8 | 10.6% | ||
| Available Seat Kilometres, mn | 18,127.3 | 16,784.1 | 8.0% | 128,209.5 | 113,434.7 | 13.0% | ||
| - international | 10,338.6 | 9,566.6 | 8.1% | 76,377.1 | 67,040.4 | 13.9% | ||
| - domestic | 7,788.7 | 7,217.5 | 7.9% | 51,832.4 | 46,394.3 | 11.7% | ||
| Passenger load factor, % | 90.2% | 91.3% | (1.0 p.p.) | 82.4% | 83.3% | (0.9 p.p.) | ||
| - international | 88.7% | 89.1% | (0.4 p.p.) | 81.0% | 81.9% | (0.9 p.p.) | ||
| - domestic | 92.3% | 94.2% | (1.9 p.p.) | 84.5% | 85.3% | (0.9 p.p.) | ||
| Cargo and mail carried, tonnes | 29,173.1 | 28,724.7 | 1.6% | 199,724.9 | 190,335.9 | 4.9% | ||
| - international | 14,479.0 | 15,667.5 | (7.6%) | 110,760.4 | 106,335.8 | 4.2% | ||
| - domestic | 14,694.1 | 13,057.2 | 12.5% | 88,964.5 | 84,000.1 | 5.9% | ||
| Revenue Cargo Tonne Kilometres, mn | 117.6 | 122.1 | (3.6%) | 824.7 | 815.8 | 1.1% | ||
| - international | 66.1 | 72.2 | (8.4%) | 510.3 | 501.4 | 1.8% | ||
| - domestic | 51.5 | 49.9 | 3.3% | 314.4 | 314.4 | 0.0% | ||
| Revenue Tonne Kilometres, mn | 1,590.0 | 1,500.8 | 5.9% | 10,334.1 | 9,322.0 | 10.9% | ||
| - international | 891.7 | 839.3 | 6.3% | 6,078.8 | 5,444.4 | 11.7% | ||
| - domestic | 698.3 | 661.6 | 5.5% | 4,255.2 | 3,877.6 | 9.7% | ||
| Available Tonne Kilometres, mn | 2,156.2 | 1,982.5 | 8.8% | 15,246.2 | 13,395.5 | 13.8% | ||
| - international | 1,227.9 | 1,119.6 | 9.7% | 9,131.1 | 7,911.6 | 15.4% | ||
| - domestic | 928.2 | 862.9 | 7.6% | 6,115.0 | 5,483.9 | 11.5% | ||
| Revenue load factor, % | 73.7% | 75.7% | (2.0 p.p.) | 67.8% | 69.6% | (1.8 p.p.) | ||
| - international | 72.6% | 75.0% | (2.3 p.p.) | 66.6% | 68.8% | (2.2 p.p.) | ||
| - domestic | 75.2% | 76.7% | (1.4 p.p.) | 69.6% | 70.7% | (1.1 p.p.) | ||
| Revenue flights | 41,500 | 38,812 | 6.9% | 298,019 | 268,492 | 11.0% | ||
| - international | 17,068 | 16,361 | 4.3% | 125,196 | 112,560 | 11.2% | ||
| - domestic | 24,432 | 22,451 | 8.8% | 172,823 | 155,932 | 10.8% | ||
| Flight hours | 113,256 | 105,458 | 7.4% | 819,508 | 731,904 | 12.0% | ||
Aeroflot – Russian Airlines Operating Results
| August 2019 | August 2018 | Change | 8M 2019 | 8M 2018 | Change | |||
| Passengers carried, thousand PAX | 3,690.2 | 3,627.1 | 1.7% | 25,176.3 | 23,471.5 | 7.3% | ||
| - international | 1,935.9 | 1,841.7 | 5.1% | 13,184.1 | 12,027.8 | 9.6% | ||
| - domestic | 1,754.3 | 1,785.4 | (1.7%) | 11,992.2 | 11,443.7 | 4.8% | ||
| Revenue Passenger Kilometres, mn | 9,965.2 | 9,847.5 | 1.2% | 68,759.7 | 64,519.2 | 6.6% | ||
| - international | 6,699.6 | 6,275.1 | 6.8% | 46,821.5 | 42,240.7 | 10.8% | ||
| - domestic | 3,265.6 | 3,572.3 | (8.6%) | 21,938.2 | 22,278.5 | (1.5%) | ||
| Available Seat Kilometres, mn | 11,346.8 | 11,014.5 | 3.0% | 85,926.3 | 79,553.1 | 8.0% | ||
| - international | 7,734.1 | 7,208.1 | 7.3% | 59,313.0 | 53,174.0 | 11.5% | ||
| - domestic | 3,612.7 | 3,806.4 | (5.1%) | 26,613.3 | 26,379.0 | 0.9% | ||
| Passenger load factor, % | 87.8% | 89.4% | (1.6 p.p.) | 80.0% | 81.1% | (1.1 p.p.) | ||
| - international | 86.6% | 87.1% | (0.4 p.p.) | 78.9% | 79.4% | (0.5 p.p.) | ||
| - domestic | 90.4% | 93.9% | (3.5 p.p.) | 82.4% | 84.5% | (2.0 p.p.) | ||
| Cargo and mail carried, tonnes | 18,357.9 | 20,334.4 | (9.7%) | 137,029.9 | 140,197.8 | (2.3%) | ||
| - international | 11,988.8 | 13,812.5 | (13.2%) | 94,070.2 | 95,045.6 | (1.0%) | ||
| - domestic | 6,369.2 | 6,521.9 | (2.3%) | 42,959.7 | 45,152.2 | (4.9%) | ||
| Revenue Cargo Tonne Kilometres, mn | 83.7 | 96.0 | (12.9%) | 625.5 | 661.6 | (5.5%) | ||
| - international | 59.1 | 68.6 | (13.9%) | 461.0 | 471.5 | (2.2%) | ||
| - domestic | 24.6 | 27.4 | (10.2%) | 164.5 | 190.1 | (13.5%) | ||
| Revenue Tonne Kilometres, mn | 980.6 | 982.3 | (0.2%) | 6,813.8 | 6,468.4 | 5.3% | ||
| - international | 662.0 | 633.4 | 4.5% | 4,674.9 | 4,273.2 | 9.4% | ||
| - domestic | 318.5 | 348.9 | (8.7%) | 2,138.9 | 2,195.2 | (2.6%) | ||
| Available Tonne Kilometres, mn | 1,365.8 | 1,321.4 | 3.4% | 10,342.0 | 9,554.9 | 8.2% | ||
| - international | 946.1 | 866.0 | 9.2% | 7,249.1 | 6,420.7 | 12.9% | ||
| - domestic | 419.7 | 455.4 | (7.8%) | 3,092.9 | 3,134.2 | (1.3%) | ||
| Revenue load factor, % | 71.8% | 74.3% | (2.5 p.p.) | 65.9% | 67.7% | (1.8 p.p.) | ||
| - international | 70.0% | 73.1% | (3.2 p.p.) | 64.5% | 66.6% | (2.1 p.p.) | ||
| - domestic | 75.9% | 76.6% | (0.7 p.p.) | 69.2% | 70.0% | (0.9 p.p.) | ||
| Revenue flights | 25,906 | 24,736 | 4.7% | 194,161 | 176,721 | 9.9% | ||
| - international | 12,474 | 12,152 | 2.6% | 95,103 | 87,230 | 9.0% | ||
| - domestic | 13,432 | 12,584 | 6.7% | 99,058 | 89,491 | 10.7% | ||
| Flight hours | 73,206 | 69,788 | 4.9% | 555,868 | 504,269 | 10.2% | ||
[1] Management accounts.
[2] Excluding aircraft leased or subleased out.
