Aeroflot Group Announces Operating Results for July 2021

23 August 2021

Moscow, 23 August 2021 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for July and 7M 2021 [1].

Key highlights of July 2021 [2]:

  • Aeroflot Group carried 5.2 million passengers, 83.3% up year-on-year and 16.3% down vs. 2019;
  • 4.4 million passengers carried in domestic segment, 54.2% up year-on-year and 26.3% up vs. 2019;
  • Group’s RPK increased by 97.1% year-on-year and decreased by 28.1% vs. 2019, ASK increased by 87.3% year-on-year and decreased by 22.3% vs. 2019;
  • Aeroflot Group’s passenger load factor was 83.4%, a 4.2 percentage point increase year-on-year;
  • Aeroflot Group carried 23.7 thousand tonnes of cargo and mail, 36.9% up year-on-year;
  • Pobeda Airlines carried 1.5 million passengers; passenger load factor was 95.3%.

July 2021 Operating Highlights compared to July 2020 and 2019

Aeroflot Group airlines: All flights

Aeroflot Pobeda Rossiya Total
Passengers carried, thousand PAX 2,482.5 1,496.7 1,242.8 5,222.0
Change vs. 2020, % 2.4х 44.1% 60.2% 83.3%
Change vs. 2019, % (32.7%) 46.4% (18.5%) (16.3%)
Available Seat Kilometres, million 7,663.2 2,619.4 3,593.8 13,876.4
Change vs. 2020, % 2.6х 40.5% 37.0% 87.3%
Change vs. 2019, % (32.7%) 35.8% (20.8%) (22.3%)
Passenger load factor, % 77.4% 95.3% 87.7% 83.4%
Change vs. 2020, % 7.0 p.p. 1.0 p.p. 9.2 p.p. 4.2 p.p.
Change vs. 2019, % (10.2 p.p.) (1.5 p.p.) (6.2 p.p.) (6.7 p.p.)
Cargo and mail carried, tonnes 13,088.4 7,325.2 3,287.5 23,701.1
Change vs. 2020, % 35.2% 60.0% 7.8% 36.9%
Change vs. 2019, % (29.7%) 23.0% 1.2% (14.8%)
         

Aeroflot Group airlines: Domestic flights

Aeroflot Pobeda Rossiya Total
Passengers carried, thousand PAX 1,866.2 1,453.4 1,031.6 4,351.2
Change vs. 2020, % 85.0% 39.9% 33.2% 54.2%
Change vs. 2019, % 6.0% 77.9% 19.2% 26.3%
Available Seat Kilometres, million 4,761.9 2,477.6 2,846.2 10,085.6
Change vs. 2020, % 76.6% 32.8% 8.8% 40.5%
Change vs. 2019, % 34.6% 74.6% 13.2% 35.0%
Passenger load factor, % 83.4% 96.3% 88.5% 88.0%
Change vs. 2020, % 10.9 p.p. 1.9 p.p. 10.1 p.p. 7.7 p.p.
Change vs. 2019, % (8.5 p.p.) (1.3 p.p.) (5.3 p.p.) (5.6 p.p.)
Cargo and mail carried, tonnes 6,907.5 6,858.3 3,253.6 17,019.4
Change vs. 2020, % 8.3% 49.8% 8.3% 22.0%
Change vs. 2019, % 20.2% 75.9% 7.2% 34.2%
         

Fleet update

In July 2021 Aeroflot Airlines added one Airbus A321NX. Aeroflot Airlines transferred one Boeing 737-800 to the fleet of Pobeda Airlines, two Airbus A320 and five SSJ100 to the fleet of Rossiya Airlines as part of intra-group redistribution. As of 31 July 2021, the fleet of Aeroflot Group consisted of 345 aircraft.

  Net changes in the fleet Number of aircraft
  July 2021 7M 2021 as of 31.07.2021
Aeroflot Group +1 +3 345
Aeroflot Airlines –7 –39 202
Pobeda Airlines +1 +10 44
Rossiya Airlines +7 +32 99

Aeroflot Group Operating Results

(pro forma, excluding the results of Aurora Airlines in 2020)[3]

July 2021 July 2020 Change 7M 2021 7M 2020 Change
Passengers carried, thousand PAX 5,222.0 2,849.4 83.3% 23,779.0 15,417.0 54.2%
- international 870.8 27.2 32.0х 3,323.8 4,523.1 (26.5%)
- domestic 4,351.2 2,822.2 54.2% 20,455.2 10,894.0 87.8%
Revenue Passenger Kilometres, mn 11,579.4 5,874.1 97.1% 50,569.7 38,100.7 32.7%
- international 2,706.0 109.1 24.8х 11,048.0 16,845.4 (34.4%)
- domestic 8,873.4 5,765.0 53.9% 39,521.7 21,255.3 85.9%
Available Seat Kilometres, mn 13,876.4 7,408.3 87.3% 63,328.1 54,267.7 16.7%
- international 3,790.8 231.4 16.4х 15,449.8 23,892.1 (35.3%)
- domestic 10,085.6 7,176.9 40.5% 47,878.3 30,375.7 57.6%
Passenger load factor, % 83.4% 79.3% 4.2 p.p. 79.9% 70.2% 9.6 p.p.
- international 71.4% 47.2% 24.2 p.p. 71.5% 70.5% 1.0 p.p.
- domestic 88.0% 80.3% 7.7 p.p. 82.5% 70.0% 12.6 p.p.
Cargo and mail carried, tonnes 23,701.1 17,309.2 36.9% 150,349.5 120,749.4 24.5%
- international 6,681.7 3,353.6 99.2% 51,161.2 53,088.3 (3.6%)
- domestic 17,019.4 13,955.6 22.0% 99,188.3 67,661.2 46.6%
Revenue Cargo Tonne Kilometres, mn 89.9 70.6 27.4% 631.0 556.7 13.3%
- international 32.6 19.1 70.7% 281.2 293.0 (4.0%)
- domestic 57.3 51.4 11.3% 349.8 263.7 32.6%
Revenue Tonne Kilometres, mn 1,132.1 599.2 88.9% 5,182.3 3,985.8 30.0%
- international 276.2 28.9 9.5х 1,275.5 1,809.1 (29.5%)
- domestic 855.9 570.3 50.1% 3,906.7 2,176.7 79.5%
Available Tonne Kilometres, mn 1,666.9 931.5 79.0% 8,013.0 6,901.8 16.1%
- international 471.4 86.3 5.5х 2,378.9 3,321.8 (28.4%)
- domestic 1,195.5 845.1 41.5% 5,634.1 3,580.0 57.4%
Revenue load factor, % 67.9% 64.3% 3.6 p.p. 64.7% 57.7% 6.9 p.p.
- international 58.6% 33.5% 25.1 p.p. 53.6% 54.5% (0.8 p.p.)
- domestic 71.6% 67.5% 4.1 p.p. 69.3% 60.8% 8.5 p.p.
Revenue flights 35,159 19,742 78.1% 172,401 132,573 30.0%
- international 5,479 390 14.0х 21,890 37,342 (41.4%)
- domestic 29,680 19,352 53.4% 150,511 95,231 58.0%
Flight hours 88,791 47,644 86.4% 428,658 358,503 19.6%

Aeroflot Group Operating Results

Aeroflot Airlines

July 2021 July 2020 Change 7M 2021 7M 2020 Change
Passengers carried, thousand PAX 2,482.5 1,034.7 2.4х 10,847.3 8,842.1 22.7%
- international 616.3 26.2 23.5х 2,516.4 3,505.2 (28.2%)
- domestic 1,866.2 1,008.6 85.0% 8,330.9 5,336.9 56.1%
Revenue Passenger Kilometres, mn 5,930.7 2,055.3 2.9х 25,721.6 23,189.0 10.9%
- international 1,961.3 101.6 19.3х 8,702.5 12,961.9 (32.9%)
- domestic 3,969.4 1,953.7 2.0х 17,019.1 10,227.2 66.4%
Available Seat Kilometres, mn 7,663.2 2,919.8 2.6х 34,889.4 35,902.2 (2.8%)
- international 2,901.3 223.8 13.0х 12,679.8 19,385.4 (34.6%)
- domestic 4,761.9 2,696.0 76.6% 22,209.6 16,516.8 34.5%
Passenger load factor, % 77.4% 70.4% 7.0 p.p. 73.7% 64.6% 9.1 p.p.
- international 67.6% 45.4% 22.2 p.p. 68.6% 66.9% 1.8 p.p.
- domestic 83.4% 72.5% 10.9 p.p. 76.6% 61.9% 14.7 p.p.
Revenue flights 17,588 9,396 87.2% 84,868 89,471 (5.1%)
- international 4,137 380 10.9х 16,910 31,234 (45.9%)
- domestic 13,451 9,016 49.2% 67,958 58,237 16.7%
Flight hours 47,914 21,524 2.2х 226,723 245,220 (7.5%)

Pobeda Airlines

July 2021 July 2020 Change 7M 2021 7M 2020 Change
Passengers carried, thousand PAX 1,496.7 1,038.9 44.1% 7,894.4 3,972.7 98.7%
- international 43.3 - - 266.1 447.4 (40.5%)
- domestic 1,453.4 1,038.9 39.9% 7,628.3 3,525.2 2.2х
Revenue Passenger Kilometres, mn 2,496.8 1,759.7 41.9% 12,984.9 6,943.8 87.0%
- international 111.1 - - 660.6 998.2 (33.8%)
- domestic 2,385.7 1,759.7 35.6% 12,324.3 5,945.5 2.1х
Available Seat Kilometres, mn 2,619.4 1,864.9 40.5% 13,887.2 7,616.9 82.3%
- international 141.8 - - 803.3 1,141.0 (29.6%)
- domestic 2,477.6 1,864.9 32.8% 13,083.9 6,476.0 2.0х
Passenger load factor, % 95.3% 94.4% 1.0 p.p. 93.5% 91.2% 2.3 p.p.
- international 78.3% - - 82.2% 87.5% (5.3 p.p.)
- domestic 96.3% 94.4% 1.9 p.p. 94.2% 91.8% 2.4 p.p.
Revenue flights 8,304 5,797 43.2% 44,716 23,047 94.0%
- international 290 - - 1,714 2,720 (37.0%)
- domestic 8,014 5,797 38.2% 43,002 20,327 2.1х
Flight hours 18,334 12,888 42.3% 98,810 53,780 83.7%

Rossiya Airlines

July 2021 July 2020 Change 7M 2021 7M 2020 Change
Passengers carried, thousand PAX 1,242.8 775.7 60.2% 5,037.3 2,602.3 93.6%
- international 211.2 1.0 210.1х 541.3 570.4 (5.1%)
- domestic 1,031.6 774.7 33.2% 4,496.0 2,031.8 2.2х
Revenue Passenger Kilometres, mn 3,151.9 2,059.2 53.1% 11,863.2 7,967.9 48.9%
- international 633.6 7.5 84.1х 1,684.9 2,885.3 (41.6%)
- domestic 2,518.4 2,051.6 22.7% 10,178.3 5,082.6 2.0х
Available Seat Kilometres, mn 3,593.8 2,623.5 37.0% 14,551.5 10,748.5 35.4%
- international 747.6 7.5 99.2х 1,966.7 3,365.7 (41.6%)
- domestic 2,846.2 2,615.9 8.8% 12,584.8 7,382.9 70.5%
Passenger load factor, % 87.7% 78.5% 9.2 p.p. 81.5% 74.1% 7.4 p.p.
- international 84.7% 100.0% (15.3 p.p.) 85.7% 85.7% (0.1 p.p.)
- domestic 88.5% 78.4% 10.1 p.p. 80.9% 68.8% 12.0 p.p.
Revenue flights 9,267 4,549 2.0х 42,817 20,055 2.1х
- international 1,052 10 105.2х 3,266 3,388 (3.6%)
- domestic 8,215 4,539 81.0% 39,551 16,667 2.4х
Flight hours 22,543 13,233 70.4% 103,125 59,503 73.3%

Appendix 1.

Aeroflot Group Operating Results (including the results of Aurora Airlines in 2020)[4]

July 2021 July 2020 Change 7M 2021 7M 2020 Change
Passengers carried, thousand PAX 5,222.0 2,919.9 78.8% 23,779.0 15,847.0 50.1%
- international 870.8 27.7 31.4х 3,323.8 4,594.3 (27.7%)
- domestic 4,351.2 2,892.2 50.4% 20,455.2 11,252.7 81.8%
Revenue Passenger Kilometres, mn 11,579.4 5,970.4 93.9% 50,569.7 38,688.9 30.7%
- international 2,706.0 109.8 24.6х 11,048.0 16,954.4 (34.8%)
- domestic 8,873.4 5,860.6 51.4% 39,521.7 21,734.6 81.8%
Available Seat Kilometres, mn 13,876.4 7,586.0 82.9% 63,328.1 55,456.8 14.2%
- international 3,790.8 233.6 16.2х 15,449.8 24,104.8 (35.9%)
- domestic 10,085.6 7,352.4 37.2% 47,878.3 31,352.0 52.7%
Passenger load factor, % 83.4% 78.7% 4.7 p.p. 79.9% 69.8% 10.1 p.p.
- international 71.4% 47.0% 24.4 p.p. 71.5% 70.3% 1.2 p.p.
- domestic 88.0% 79.7% 8.3 p.p. 82.5% 69.3% 13.2 p.p.
Cargo and mail carried, tonnes 23,701.1 17,760.7 33.4% 150,349.5 123,751.0 21.5%
- international 6,681.7 3,354.6 99.2% 51,161.2 53,210.0 (3.9%)
- domestic 17,019.4 14,406.1 18.1% 99,188.3 70,541.0 40.6%
Revenue Cargo Tonne Kilometres, mn 89.9 71.4 26.0% 631.0 561.7 12.3%
- international 32.6 19.1 70.7% 281.2 293.2 (4.1%)
- domestic 57.3 52.2 9.6% 349.8 268.5 30.3%
Revenue Tonne Kilometres, mn 1,132.1 608.7 86.0% 5,182.3 4,043.7 28.2%
- international 276.2 29.0 9.5х 1,275.5 1,819.1 (29.9%)
- domestic 855.9 579.7 47.6% 3,906.7 2,224.6 75.6%
Available Tonne Kilometres, mn 1,666.9 949.9 75.5% 8,013.0 7,025.6 14.1%
- international 471.4 86.6 5.4х 2,378.9 3,345.0 (28.9%)
- domestic 1,195.5 863.4 38.5% 5,634.1 3,680.6 53.1%
Revenue load factor, % 67.9% 64.1% 3.8 p.p. 64.7% 57.6% 7.1 p.p.
- international 58.6% 33.5% 25.1 p.p. 53.6% 54.4% (0.8 p.p.)
- domestic 71.6% 67.1% 4.5 p.p. 69.3% 60.4% 8.9 p.p.
Revenue flights 35,159 21,202 65.8% 172,401 142,136 21.3%
- international 5,479 402 13.6х 21,890 38,510 (43.2%)
- domestic 29,680 20,800 42.7% 150,511 103,626 45.2%
Flight hours 88,791 50,235 76.8% 428,658 375,452 14.2%

[1] Management accounts.

[2] Comparison of 2021 Aeroflot Group figures vs. corresponding period of previous year is based on pro forma results, which exclude the results of Aurora Airlines in 2019 and 2020.

[3] PJSC "Aeroflot" terminated its participation in the capital of JSC "Aurora Airlines" on December 25, 2020, having sold the shares owned by the Company.

[4] PJSC "Aeroflot" terminated its participation in the capital of JSC "Aurora Airlines" on December 25, 2020, having sold the shares owned by the Company.