Aeroflot Group Announces Operating Results for November 2019

24 December 2019

Moscow, 24 December 2019 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for November and 11M 2019[1].

11M 2019 Operating Highlights

In 11M 2019, Aeroflot Group carried 56.3 million passengers, up 9.7% year-on-year. Aeroflot airline carried 34.4 million passengers, a year-on-year increase of 4.8%.

Group and Company RPKs increased by 9.9% and 4.3% year-on-year, respectively. ASKs rose by 11.1% year-on-year for the Group and by 6.0% year-on-year for the Company.

The passenger load factor decreased by 0.9 p.p. year-on-year to 82.3% for Aeroflot Group and decreased by 1.3 p.p. to 79.7% for Aeroflot airline.

November 2019 Operating Highlights

In November 2019, Aeroflot Group carried 4.4 million passengers, a year-on-year increase of 1.9%. Aeroflot airline carried 2.8 million passengers, a year-on-year decrease of 4.1%.

Group RPK increased by 1.8% year-on-year and Company RPK decreased 3.1% year-on-year. ASKs rose by 2.4% for Aeroflot Group and decreased by 1.6% for Aeroflot airline.

Aeroflot Group’s passenger load factor was 77.9%, representing a 0.5 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 1.1 percentage points year-on-year to 74.9%.

Fleet update

In November 2019, Aeroflot Group phased out one Airbus A320 and one Airbus A321 aircraft. As of 30 November 2019, Group and Company fleet had 362 and 247 aircraft, respectively.

 Net changes in the fleet[2] Number of aircraftas of 30.11.2019
November 201911M 2019
Aeroflot Group (2) (4) 362
Aeroflot airline (2) (6) 247

Aeroflot Group Operating Results

 November
2019
November
2018
Change11M
2019
11M
2018
Change
Passengers carried, thousand PAX4,416.34,334.21.9% 56,345.851,375.19.7%
- international1,911.91,902.50.5% 25,249.222,824.110.6%
- domestic2,504.42,431.73.0% 31,096.528,550.98.9%
Revenue Passenger Kilometres, mn11,395.611,190.91.8%144,955.2131,923.29.9%
- international6,719.06,658.80.9% 84,806.476,558.510.8%
- domestic4,676.64,532.13.2% 60,148.955,364.78.6%
Available Seat Kilometres, mn14,621.414,273.32.4% 176,077.3158,520.611.1%
- international8,865.08,862.00.0% 104,937.493,905.111.7%
- domestic5,756.55,411.36.4% 71,139.964,615.510.1%
Passenger load factor, %77.9%78.4%(0.5 p.p.)82.3%83.2%(0.9 p.p.)
- international75.8%75.1%0.7 p.p. 80.8%81.5%(0.7 p.p.)
- domestic81.2%83.8%(2.5 p.p.)84.6%85.7%(1.1 p.p.)
Cargo and mail carried, tonnes29,131.127,658.65.3% 287,130.3275,615.04.2%
- international16,268.616,793.8(3.1%)157,355.8155,031.81.5%
- domestic12,862.510,864.818.4% 129,774.5120,583.27.6%
Revenue Cargo Tonne Kilometres, mn125.5118.06.3% 1,189.31,181.80.6%
- international79.378.51.1% 730.0727.60.3%
- domestic46.139.516.7% 459.2454.21.1%
Revenue Tonne Kilometres, mn1,151.11,125.22.3% 14,235.313,054.99.0%
- international684.1677.80.9% 8,362.67,617.89.8%
- domestic467.0447.44.4% 5,872.65,437.08.0%
Available Tonne Kilometres, mn1,756.31,706.12.9% 20,954.218,742.911.8%
- international1,084.91,072.51.2% 12,557.311,105.813.1%
- domestic671.4633.76.0% 8,396.97,637.29.9%
Revenue load factor, %65.5%66.0%(0.4 p.p.)67.9%69.7%(1.7 p.p.)
- international63.1%63.2%(0.1 p.p.)66.6%68.6%(2.0 p.p.)
- domestic69.6%70.6%(1.1 p.p.)69.9%71.2%(1.3 p.p.)
Revenue flights34,74234,3691.1% 410,416376,1919.1%
- international14,44814,677(1.6%)172,444158,4558.8%
- domestic20,29419,6923.1% 237,972217,7369.3%
Flight hours 95,68494,5241.2% 1,127,6391,026,6959.8%

Aeroflot – Russian Airlines Operating Results

 November
2019
November
2018
Change11M
2019
11M
2018
Change
Passengers carried, thousand PAX2,813.52,932.5(4.1%)34,420.232,847.34.8%
- international1,438.51,471.9(2.3%)17,987.116,733.77.5%
- domestic1,375.01,460.6(5.9%)16,433.116,113.72.0%
Revenue Passenger Kilometres, mn7,701.47,947.2(3.1%)93,923.290,062.44.3%
- international5,155.85,341.9(3.5%)63,756.358,768.68.5%
- domestic2,545.62,605.4(2.3%)30,166.931,293.8(3.6%)
Available Seat Kilometres, mn10,284.110,452.0(1.6%)117,799.7111,129.26.0%
- international7,003.87,279.0(3.8%)81,119.974,245.09.3%
- domestic3,280.33,173.03.4% 36,679.836,884.2(0.6%)
Passenger load factor, %74.9%76.0%(1.1 p.p.)79.7%81.0%(1.3 p.p.)
- international73.6%73.4%0.2 p.p. 78.6%79.2%(0.6 p.p.)
- domestic77.6%82.1%(4.5 p.p.)82.2%84.8%(2.6 p.p.)
Cargo and mail carried, tonnes20,943.220,677.71.3% 197,104.3203,095.5(2.9%)
- international14,242.915,128.9(5.9%)134,228.9138,175.2(2.9%)
- domestic6,700.45,548.820.8% 62,875.464,920.4(3.2%)
Revenue Cargo Tonne Kilometres, mn98.093.25.1% 901.7952.7(5.4%)
- international72.373.6(1.7%)661.7682.1(3.0%)
- domestic25.719.630.8% 240.0270.6(11.3%)
Revenue Tonne Kilometres, mn791.1808.5(2.1%)9,354.89,058.33.3%
- international536.3554.4(3.3%)6,399.85,971.37.2%
- domestic254.8254.10.3% 2,955.03,087.0(4.3%)
Available Tonne Kilometres, mn1,252.81,263.4(0.8%)14,197.813,366.36.2%
- international872.6902.2(3.3%)9,936.38,996.410.4%
- domestic380.2361.25.2% 4,261.54,369.9(2.5%)
Revenue load factor, %63.1%64.0%(0.8 p.p.)65.9%67.8%(1.9 p.p.)
- international61.5%61.4%0.0 p.p. 64.4%66.4%(2.0 p.p.)
- domestic67.0%70.3%(3.3 p.p.)69.3%70.6%(1.3 p.p.)
Revenue flights23,47623,853(1.6%)267,492248,7487.5%
- international11,33611,656(2.7%)130,703122,3476.8%
- domestic12,14012,197(0.5%)136,789126,4018.2%
Flight hours 67,04768,297(1.8%)763,950708,7847.8%

[1] Management accounts.

[2] Excluding aircraft leased or subleased out.