Moscow, 26 March 2020 – 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 2020.
In 2M 2020, Aeroflot Group carried 8.2 million passengers, up 0.1% year-on-year. Aeroflot airline carried 5.2 million passengers, a year-on-year decrease of 4.9%.
Group RPKs remained flat year-on-year. Company RPKs decreased by 3.4% year-on-year. ASKs rose by 2.7% year-on-year for the Group and by 1.8% year-on-year for the Company.
The passenger load factor decreased by 2.0 p.p. year-on-year to 74.6% for Aeroflot Group and decreased by 3.8 p.p. to 70.4% for Aeroflot airline.
In February 2020, Aeroflot Group carried 3.9 million passengers, a year-on-year decrease of 0.1%. Aeroflot airline carried 2.5 million passengers, a year-on-year decrease of 4.5%.
Group and Company RPKs were down 0.6% and 4.1% year-on-year, respectively. ASKs rose by 3.6% for Aeroflot Group and by 3.2% for Aeroflot airline.
Aeroflot Group’s passenger load factor was 74.4%, representing a 3.1 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 5.3 percentage points year-on-year to 70.0%.
February 2020 results were among other factors impacted by COVID-19 and travel restrictions on entry and flights imposed by a number of countries in Asia and Europe.
In February 2020, Aeroflot Group added one Airbus A350-900. One Airbus A330-300 and two Airbus A320 were phased-out. As of 29 February 2020, the Group fleet had 361 aircraft. As of 29 February 2020, the Company fleet had 247 aircraft.
| Net changes in the fleet | Number of aircraft | |
| February 2020 | as of 29.02.2020 | |
| Aeroflot Group | (2) | 361 |
| Aeroflot airline | (2) | 247 |
| February 2020 | February 2019 | Change | 2M 2020 | 2M 2019 | Change | |
| Passengers carried, thousand PAX | 3,944.2 | 3,949.5 | (0.1%) | 8,178.6 | 8,170.0 | 0.1% |
| - international | 1,691.8 | 1,758.3 | (3.8%) | 3,567.9 | 3,674.4 | (2.9%) |
| - domestic | 2,252.4 | 2,191.1 | 2.8% | 4,610.7 | 4,495.7 | 2.6% |
| Revenue Passenger Kilometres, mn | 10,246.2 | 10,304.5 | (0.6%) | 21,484.6 | 21,484.5 | 0.0% |
| - international | 6,077.7 | 6,278.3 | (3.2%) | 12,929.6 | 13,155.3 | (1.7%) |
| - domestic | 4,168.5 | 4,026.2 | 3.5% | 8,554.9 | 8,329.2 | 2.7% |
| Available Seat Kilometres, mn | 13,778.0 | 13,297.5 | 3.6% | 28,797.5 | 28,027.9 | 2.7% |
| - international | 8,309.4 | 8,135.7 | 2.1% | 17,354.0 | 17,224.8 | 0.7% |
| - domestic | 5,468.6 | 5,161.8 | 5.9% | 11,443.6 | 10,803.1 | 5.9% |
| Passenger load factor, % | 74.4% | 77.5% | (3.1 p.p.) | 74.6% | 76.7% | (2.0 p.p.) |
| - international | 73.1% | 77.2% | (4.0 p.p.) | 74.5% | 76.4% | (1.9 p.p.) |
| - domestic | 76.2% | 78.0% | (1.8 p.p.) | 74.8% | 77.1% | (2.3 p.p.) |
| Cargo and mail carried, tonnes | 25,406.3 | 20,810.9 | 22.1% | 48,791.6 | 40,725.2 | 19.8% |
| - international | 14,250.0 | 11,449.1 | 24.5% | 27,722.4 | 23,121.1 | 19.9% |
| - domestic | 11,156.3 | 9,361.8 | 19.2% | 21,069.2 | 17,604.0 | 19.7% |
| Revenue Cargo Tonne Kilometres, mn | 108.0 | 85.4 | 26.5% | 204.2 | 166.5 | 22.7% |
| - international | 68.4 | 51.3 | 33.4% | 131.7 | 103.3 | 27.5% |
| - domestic | 39.6 | 34.0 | 16.2% | 72.5 | 63.1 | 14.9% |
| Revenue Tonne Kilometres, mn | 1,030.2 | 1,012.8 | 1.7% | 2,137.8 | 2,100.1 | 1.8% |
| - international | 615.4 | 616.4 | (0.2%) | 1,295.4 | 1,287.3 | 0.6% |
| - domestic | 414.7 | 396.4 | 4.6% | 842.5 | 812.8 | 3.7% |
| Available Tonne Kilometres, mn | 1,654.5 | 1,582.5 | 4.5% | 3,462.2 | 3,340.0 | 3.7% |
| - international | 1,017.8 | 986.1 | 3.2% | 2,129.4 | 2,088.4 | 2.0% |
| - domestic | 636.6 | 596.4 | 6.7% | 1,332.7 | 1,251.6 | 6.5% |
| Revenue load factor, % | 62.3% | 64.0% | (1.7 p.p.) | 61.7% | 62.9% | (1.1 p.p.) |
| - international | 60.5% | 62.5% | (2.0 p.p.) | 60.8% | 61.6% | (0.8 p.p.) |
| - domestic | 65.1% | 66.5% | (1.3 p.p.) | 63.2% | 64.9% | (1.7 p.p.) |
| Revenue flights | 32,966 | 31,885 | 3.4% | 68,756 | 67,048 | 2.5% |
| - international | 13,404 | 13,361 | 0.3% | 27,970 | 28,330 | (1.3%) |
| - domestic | 19,562 | 18,524 | 5.6% | 40,786 | 38,718 | 5.3% |
| Flight hours | 90,805 | 88,015 | 3.2% | 189,878 | 185,337 | 2.5% |
| February 2020 | February 2019 | Change | 2M 2020 | 2M 2019 | Change | ||
| Passengers carried, thousand PAX | 2,515.3 | 2,634.0 | (4.5%) | 5,151.3 | 5,417.6 | (4.9%) | |
| - international | 1,284.5 | 1,351.3 | (4.9%) | 2,707.7 | 2,808.3 | (3.6%) | |
| - domestic | 1,230.8 | 1,282.7 | (4.0%) | 2,443.6 | 2,609.3 | (6.4%) | |
| Revenue Passenger Kilometres, mn | 6,884.0 | 7,178.2 | (4.1%) | 14,390.7 | 14,894.4 | (3.4%) | |
| - international | 4,630.8 | 4,866.5 | (4.8%) | 9,909.9 | 10,174.5 | (2.6%) | |
| - domestic | 2,253.2 | 2,311.6 | (2.5%) | 4,480.8 | 4,719.8 | (5.1%) | |
| Available Seat Kilometres, mn | 9,827.6 | 9,527.4 | 3.2% | 20,437.7 | 20,071.7 | 1.8% | |
| - international | 6,658.5 | 6,481.3 | 2.7% | 13,903.6 | 13,712.0 | 1.4% | |
| - domestic | 3,169.1 | 3,046.0 | 4.0% | 6,534.0 | 6,359.7 | 2.7% | |
| Passenger load factor, % | 70.0% | 75.3% | (5.3 p.p.) | 70.4% | 74.2% | (3.8 p.p.) | |
| - international | 69.5% | 75.1% | (5.5 p.p.) | 71.3% | 74.2% | (2.9 p.p.) | |
| - domestic | 71.1% | 75.9% | (4.8 p.p.) | 68.6% | 74.2% | (5.6 p.p.) | |
| Cargo and mail carried, tonnes | 17,961.5 | 14,697.6 | 22.2% | 33,463.4 | 28,333.1 | 18.1% | |
| - international | 12,220.5 | 9,540.3 | 28.1% | 23,267.7 | 19,076.8 | 22.0% | |
| - domestic | 5,741.0 | 5,157.2 | 11.3% | 10,195.7 | 9,256.3 | 10.1% | |
| Revenue Cargo Tonne Kilometres, mn | 84.0 | 64.6 | 30.1% | 156.3 | 126.4 | 23.7% | |
| - international | 61.7 | 44.8 | 38.0% | 117.1 | 90.7 | 29.2% | |
| - domestic | 22.3 | 19.9 | 12.3% | 39.2 | 35.7 | 9.7% | |
| Revenue Tonne Kilometres, mn | 703.6 | 710.6 | (1.0%) | 1,451.5 | 1,466.9 | (1.0%) | |
| - international | 478.5 | 482.7 | (0.9%) | 1,009.0 | 1,006.4 | 0.3% | |
| - domestic | 225.1 | 227.9 | (1.2%) | 442.5 | 460.5 | (3.9%) | |
| Available Tonne Kilometres, mn | 1,194.5 | 1,145.5 | 4.3% | 2,488.8 | 2,415.0 | 3.1% | |
| - international | 827.2 | 793.5 | 4.2% | 1,731.6 | 1,680.0 | 3.1% | |
| - domestic | 367.3 | 352.0 | 4.3% | 757.1 | 735.0 | 3.0% | |
| Revenue load factor, % | 58.9% | 62.0% | (3.1 p.p.) | 58.3% | 60.7% | (2.4 p.p.) | |
| - international | 57.9% | 60.8% | (3.0 p.p.) | 58.3% | 59.9% | (1.6 p.p.) | |
| - domestic | 61.3% | 64.7% | (3.5 p.p.) | 58.4% | 62.7% | (4.2 p.p.) | |
| Revenue flights | 22,788 | 21,946 | 3.8% | 47,044 | 46,145 | 1.9% | |
| - international | 10,816 | 10,627 | 1.8% | 22,464 | 22,466 | (0.0%) | |
| - domestic | 11,972 | 11,319 | 5.8% | 24,580 | 23,679 | 3.8% | |
| Flight hours | 64,925 | 62,990 | 3.1% | 134,790 | 132,681 | 1.6% | |
[1] Management accounts.
