Aeroflot Group Announces Operating Results for August 2021

24 September 2021

Moscow, 24 September 2021 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for August and 8M 2021[1].

Key highlights of August 2021[2]:

  • Aeroflot Group carried 5.5 million passengers, 50.3% up year-on-year and 10.9% down vs. 2019;
  • 5 million passengers carried in domestic segment, 30.2% up year-on-year and 31.3% up vs. 2019;
  • Group’s RPK increased by 58.7% year-on-year and decreased by 23.2% vs. 2019, ASK increased by 58.9% year-on-year and decreased by 19.8% vs. 2019;
  • Aeroflot Group’s passenger load factor was 86.5%, a 0.1 percentage point decrease year-on-year;
  • Aeroflot Group carried 5 thousand tonnes of cargo and mail, up 27.7% year-on-year;
  • Pobeda Airlines carried 1.5 million passengers; passenger load factor was 95.8%.

August 2021 Operating Highlights compared to August 2020 and 2019

Aeroflot Group airlines: All flights

AeroflotPobedaRossiyaTotal
Passengers carried, thousand PAX2,719.91,511.51,315.45,546.8
Change vs. 2020, %86.2%25.7%28.1%50.3%
Change vs. 2019, %(26.3%)47.2%, (12.9%) (10.9%)
Available Seat Kilometres, million7,975.02,665.83,620.114,260.9
Change vs. 2020, %2.1х24.8%20.2%58.9%
Change vs. 2019, %(29.7%)37.5%, (19.4%) (19.8%)
Passenger load factor, %81.7%95.8%90.2%86.5%
Change vs. 2020, %3.2 p.p.(0.1 p.p.)(0.2 p.p.)(0.1 p.p.)
Change vs. 2019, %(6.1 p.p.)(0.9 p.p.)(3.6 p.p.)(3.8 p.p.)
Cargo and mail carried, tonnes14,505.87,299.43,697.125,502.3
Change vs. 2020, %38.9%18.9%9.2%27.7%
Change vs. 2019, %(21.0%)13.7%, (1.1%)(10.6%)

Aeroflot Group airlines: Domestic flights

AeroflotPobedaRossiyaTotal
Passengers carried, thousand PAX2,005.41,434.11,054.54,493.9
Change vs. 2020, %50.2%22.1%11.7%30.2%
Change vs. 2019, %14.3%,74.1%24.9%31.3%
Available Seat Kilometres, million4,863.02,443.92,757.710,064.5
Change vs. 2020, %50.0%18.6%0.7%25.2%
Change vs. 2019, %34.6% 70.2%11.2%33.7%
Passenger load factor, %88.2%96.3%89.8%90.6%
Change vs. 2020, %7.2 p.p.0.3 p.p.(1.2 p.p.)2.3 p.p.
Change vs. 2019, %(2.2 p.p.)(0.8 p.p.)(2.8 p.p.)(1.8 p.p.)
Cargo and mail carried, tonnes7,953.46,546.13,666.518,165.9
Change vs. 2020, %15.2%12.3%9.3%12.9%
Change vs. 2019, %24.9%52.5%7.0%29.0%

Fleet update

In August 2021 Aeroflot Group added one Airbus А320N (Aeroflot Airlines) and three SSJ100
(Rossiya Airlines). Besides, Aeroflot Airlines transferred one SSJ100 to the fleet of Rossiya Airlines as part of intra-group redistribution. As of 31 August 2021, the fleet of Aeroflot Group consisted of 349 aircraft.

Net changes in the fleetNumber of aircraft
August 20218M 2021as of 31.08.2021
Aeroflot Group+4+7349
Aeroflot Airlines–39202
Pobeda Airlines+1044
Rossiya Airlines+4+36103

Aeroflot Group Operating Results

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

August 2021August 2020Change8M 20218M 2020Change
Passengers carried, thousand PAX5,546.83,689.650.3%29,325.919,106.653.5%
- international1,052.9236.84.4х4,376.64,759.9(8.1%)
- domestic4,493.93,452.730.2%24,949.314,346.773.9%
Revenue Passenger Kilometres, mn12,337.37,774.458.7%62,906.745,875.137.1%
- international3,215.3674.64.8х14,263.417,520.0(18.6%)
- domestic9,121.97,099.828.5%48,643.428,355.171.6%
Available Seat Kilometres, mn14,260.98,973.158.9%77,588.763,240.822.7%
- international4,196.4932.54.5х19,645.924,824.6(20.9%)
- domestic10,064.58,040.625.2%57,942.838,416.250.8%
Passenger load factor, %86.5%86.6%(0.1 p.p.)81.1%72.5%8.5 p.p.
- international76.6%72.3%4.3 p.p.72.6%70.6%2.0 p.p.
- domestic90.6%88.3%2.3 p.p.84.0%73.8%10.1 p.p.
Cargo and mail carried, tonnes25,502.319,968.627.7%175,848.2140,718.025.0%
- international7,336.43,881.189.0%58,496.856,969.42.7%
- domestic18,165.916,087.412.9%117,351.483,748.640.1%
Revenue Cargo Tonne Kilometres, mn101.578.030.2%732.5634.715.4%
- international35.920.080.1%317.1313.01.3%
- domestic65.658.013.0%415.3321.729.1%
Revenue Tonne Kilometres, mn1,211.8777.655.8%6,394.14,763.434.2%
- international325.380.74.0х1,600.81,889.7(15.3%)
- domestic886.5697.027.2%4,793.32,873.766.8%
Available Tonne Kilometres, mn1,715.31,109.754.6%9,739.08,011.621.6%
- international521.4168.83.1х2,897.83,490.6(17.0%)
- domestic1,193.9940.926.9%6,841.24,520.951.3%
Revenue load factor, %70.6%70.1%0.6 p.p.65.7%59.5%6.2 p.p.
- international62.4%47.8%14.6 p.p.55.2%54.1%1.1 p.p.
- domestic74.3%74.1%0.2 p.p.70.1%63.6%6.5 p.p.
Revenue flights35,75324,16248.0%208,154156,73532.8%
- international6,0711,3094.6х27,96138,651(27.7%)
- domestic29,68222,85329.9%180,193118,08452.6%
Flight hours 91,00957,72957.7%519,667416,23224.9%

Aeroflot Group Operating Results

Aeroflot Airlines

August 2021August 2020Change8M 20218M 2020Change
Passengers carried, thousand PAX2,719.91,460.586.2%13,567.210,302.631.7%
- international714.5125.85.7х3,230.93,630.9(11.0%)
- domestic2,005.41,334.750.2%10,336.36,671.654.9%
Revenue Passenger Kilometres, mn6,517.03,003.32.2х32,238.626,192.323.1%
- international2,226.6376.15.9х10,929.113,337.9(18.1%)
- domestic4,290.42,627.263.3%21,309.512,854.465.8%
Available Seat Kilometres, mn7,975.03,825.02.1х42,864.439,727.27.9%
- international3,112.0582.95.3х15,791.819,968.3(20.9%)
- domestic4,863.03,242.150.0%27,072.619,758.937.0%
Passenger load factor, %81.7%78.5%3.2 p.p.75.2%65.9%9.3 p.p.
- international71.5%64.5%7.0 p.p.69.2%66.8%2.4 p.p.
- domestic88.2%81.0%7.2 p.p.78.7%65.1%13.7 p.p.
Revenue flights17,93112,03849.0%102,799101,5091.3%
- international4,4748695.1х21,38432,103(33.4%)
- domestic13,45711,16920.5%81,41569,40617.3%
Flight hours49,32127,63078.5%276,044272,8501.2%

Pobeda Airlines

August 2021August 2020Change8M 20218M 2020Change
Passengers carried, thousand PAX1,511.51,202.125.7%9,405.85,174.881.8%
- international77.427.72.8х343.5475.2(27.7%)
- domestic1,434.11,174.422.1%9,062.34,699.692.8%
Revenue Passenger Kilometres, mn2,553.82,047.224.7%15,538.18,991.072.8%
- international199.567.23.0х860.21,065.4(19.3%)
- domestic2,354.21,980.118.9%14,678.07,925.685.2%
Available Seat Kilometres, mn2,665.82,135.524.8%16,553.09,752.469.7%
- international221.974.33.0х1,025.21,215.2(15.6%)
- domestic2,443.92,061.218.6%15,527.78,537.281.9%
Passenger load factor, %95.8%95.9%(0.1 p.p.)93.9%92.2%1.7 p.p.
- international89.9%90.4%(0.5 p.p.)83.9%87.7%(3.8 p.p.)
- domestic96.3%96.1%0.3 p.p.94.5%92.8%1.7 p.p.
Revenue flights8,3566,63026.0%53,07229,67778.8%
- international4541622.8х2,1682,882(24.8%)
- domestic7,9026,4681.2х50,90426,79590.0%
Flight hours18,73814,78226.8%117,54968,56271.4%

Rossiya Airlines

August 2021August 2020Change8M 20218M 2020Change
Passengers carried, thousand PAX1,315.41,027.028.1%6,352.93,629.375.0%
- international260.983.43.1х802.2653.822.7%
- domestic1,054.5943.611.7%5,550.72,975.586.5%
Revenue Passenger Kilometres, mn3,266.52,723.919.9%15,130.110,691.741.5%
- international789.2231.43.4х2,474.13,116.6(20.6%)
- domestic2,477.32,492.5(0.6%)12,656.07,575.167.1%
Available Seat Kilometres, mn3,620.13,012.620.2%18,171.313,761.132.0%
- international862.4275.43.1х2,828.93,641.0(22.3%)
- domestic2,757.72,737.20.7%15,342.510,120.151.6%
Passenger load factor, %90.2%90.4%(0.2 p.p.)83.3%77.7%5.6 p.p.
- international91.5%84.0%7.5 p.p.87.5%85.6%1.9 p.p.
- domestic89.8%91.1%(1.2 p.p.)82.5%74.9%7.6 p.p.
Revenue flights9,4665,49472.3%52,28325,5492.0х
- international1,1432784.1х4,4093,66620.3%
- domestic8,3235,21659.6%47,87421,8832.2х
Flight hours22,95015,31749.8%126,07574,82068.5%

Appendix 1. Aeroflot Group Operating Results (including the results of Aurora Airlines in 2020)[4]

August 2021August 2020Change8M 20218M 2020Change
Passengers carried, thousand PAX5,546.83,791.346.3%29,325.919,638.349.3%
- international1,052.9236.94.4х4,376.64,831.2(9.4%)
- domestic4,493.93,554.326.4%24,949.314,807.068.5%
Revenue Passenger Kilometres, mn12,337.37,921.255.7%62,906.746,610.235.0%
- international3,215.3674.74.8х14,263.417,629.1(19.1%)
- domestic9,121.97,246.525.9%48,643.428,981.167.8%
Available Seat Kilometres, mn14,260.99,209.754.8%77,588.764,666.420.0%
- international4,196.4933.44.5х19,645.925,037.9(21.5%)
- domestic10,064.58,276.421.6%57,942.839,628.546.2%
Passenger load factor, %86.5%86.0%0.5 p.p.81.1%72.1%9.0 p.p.
- international76.6%72.3%4.3 p.p.72.6%70.4%2.2 p.p.
- domestic90.6%87.6%3.1 p.p.84.0%73.1%10.8 p.p.
Cargo and mail carried, tonnes25,502.320,462.524.6%175,848.2144,213.521.9%
- international7,336.43,881.189.0%58,496.857,091.12.5%
- domestic18,165.916,581.39.6%117,351.487,122.334.7%
Revenue Cargo Tonne Kilometres, mn101.578.928.6%732.5640.614.3%
- international35.920.080.1%317.1313.11.3%
- domestic65.658.911.2%415.3327.526.8%
Revenue Tonne Kilometres, mn1,211.8791.853.0%6,394.14,835.532.2%
- international325.380.74.0х1,600.81,899.8(15.7%)
- domestic886.5711.124.7%4,793.32,935.863.3%
Available Tonne Kilometres, mn1,715.31,133.851.3%9,739.08,159.419.4%
- international521.4168.93.1х2,897.83,513.9(17.5%)
- domestic1,193.9964.823.7%6,841.24,645.547.3%
Revenue load factor, %70.6%69.8%0.8 p.p.65.7%59.3%6.4 p.p.
- international62.4%47.8%14.6 p.p.55.2%54.1%1.2 p.p.
- domestic74.3%73.7%0.6 p.p.70.1%63.2%6.9 p.p.
Revenue flights35,75325,79338.6%208,154167,92924.0%
- international6,0711,3154.6х27,96139,824(29.8%)
- domestic29,68224,47821.3%180,193128,10540.7%
Flight hours 91,00960,816.749.6%519,667436,266.919.1%

[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.