Aeroflot Group Announces Operating Results for February 2022

24 March 2022

Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for February and 2M 2022 [1].

Key highlights of February 2022:

  • Aeroflot Group carried 2.8 million passengers, 24.8% up year-on-year;
  • 2.1 million passengers carried in domestic segment, 6.1% up year-on-year;
  • 700.6 thousand passengers carried in international segment, 2.6x up year-on-year;
  • Group’s RPK increased by 41.8% year-on-year, ASK increased by 51.0% year-on-year;
  • Aeroflot Group’s passenger load factor was 75.1%, a 4.9 percentage point decrease year-on-year;
  • Aeroflot Group carried 19.4 thousand tonnes of cargo and mail, down 7.4% year-on-year;
  • Pobeda Airlines carried 1.0 million passengers; passenger load factor was 91.1%.

 

Aeroflot Group Operating Results

Aeroflot Airlines

February 2022

February 2021

Change

2M 2022

2M 2021

Change

Passengers carried, thousand PAX

1,274.8

992.9

28.4%

2,927.0

2,037.3

43.7%

- international

501.9

199.8

2.5х

1,138.9

392.5

2.9х

- domestic

772.9

793.1

(2.5%)

1,788.1

1,644.8

8.7%

Revenue Passenger Kilometres, mn

3,443.8

2,297.7

49.9%

7,877.1

4,704.0

67.5%

- international

1,794.6

734.0

2.4х

4,104.1

1,462.6

2.8х

- domestic

1,649.1

1,563.7

5.5%

3,773.1

3,241.4

16.4%

Available Seat Kilometres, mn

5,096.8

3,127.4

63.0%

11,600.2

6,551.6

77.1%

- international

2,905.1

1,120.3

2.6х

6,633.3

2,288.1

2.9х

- domestic

2,191.7

2,007.0

9.2%

4,966.9

4,263.5

16.5%

Passenger load factor, %

67.6%

73.5%

(5.9 p,p.)

67.9%

71.8%

(3.9 p,p.)

- international

61.8%

65.5%

(3.7 p,p.)

61.9%

63.9%

(2.1 p,p.)

- domestic

75.2%

77.9%

(2.7 p,p.)

76.0%

76.0%

(0.1 p,p.)

Revenue flights

10,127.0

8,334.0

21.5%

23,393

17,828

31.2%

- international

3,930.0

1,599.0

2.5х

8,983

3,292

2.7х

- domestic

6,197.0

6,735.0

(8.0%)

14,410

14,536

(0.9%)

Flight hours

31,610

22,434

40.9%

72,041

47,353

52.1%

 

Pobeda Airlines

February 2022

February 2021

Change

2M 2022

2M 2021

Change

Passengers carried, thousand PAX

1,009.6

844.8

19.5%

2,198.4

1,772.8

24.0%

- international

100.6

48.9

2.1х

219.1

100.7

2.2х

- domestic

909.0

795.9

14.2%

1,979.3

1,672.0

18.4%

Revenue Passenger Kilometres, mn

1,804.8

1,408.6

28.1%

3,860.9

2,951.8

30.8%

- international

274.6

120.3

2.3х

585.3

247.9

2.4х

- domestic

1,530.2

1,288.3

18.8%

3,275.6

2,703.9

21.1%

Available Seat Kilometres, mn

1,980.2

1,521.3

30.2%

4,221.4

3,230.6

30.7%

- international

310.0

137.2

2.3х

674.0

306.0

2.2х

- domestic

1,670.2

1,384.1

20.7%

3,547.5

2,924.6

21.3%

Passenger load factor, %

91.1%

92.6%

(1.5 p.p.)

91.5%

91.4%

0.1 p.p.

- international

88.6%

87.7%

0.8 p.p.

86.8%

81.0%

5.8 p.p.

- domestic

91.6%

93.1%

(1.5 p.p.)

92.3%

92.5%

(0.1 p.p.)

Revenue flights

5,849

4,842

20.8%

12,705

10,265

23.8%

- international

599

296

2.0х

1,327

660

2.0х

- domestic

5,250

4,546

15.5%

11,378

9,605

18.5%

Flight hours

14,187

10,957

29.5%

30,351

23,310

30.2%

 

Rossiya Airlines

February 2022

February 2021

Change

2M 2022

2M 2021

Change

Passengers carried, thousand PAX

507.5

400.1

26.9%

1,174.9

791.3

48.5%

- international

98.1

17.5

5.6х

247.1

32.5

7.6х

- domestic

409.4

382.6

7.0%

927.8

758.8

22.3%

Revenue Passenger Kilometres, mn

1,279.0

898.0

42.4%

2,944.3

1,825.5

61.3%

- international

382.7

52.4

7.3х

939.2

97.5

9.6х

- domestic

896.3

845.6

6.0%

2,005.1

1,728.0

16.0%

Available Seat Kilometres, mn

1,617.9

1,108.3

46.0%

3,711.1

2,296.0

61.6%

- international

427.5

58.7

7.3х

1,104.4

113.1

9.8х

- domestic

1,190.4

1,049.6

13.4%

2,606.7

2,182.9

19.4%

Passenger load factor, %

79.1%

81.0%

(2.0 p.p.)

79.3%

79.5%

(0.2 p.p.)

- international

89.5%

89.2%

0.3 p.p.

85.0%

86.2%

(1.2 p.p.)

- domestic

75.3%

80.6%

(5.3 p.p.)

76.9%

79.2%

(2.2 p.p.)

Revenue flights

5,021

3,504

43.3%

11,448

6,917

65.5%

- international

583

161

3.6х

1,568

291

5.4х

- domestic

4,438

3,343

32.8%

9,880

6,626

49.1%

Flight hours

12,529

8,620

45.3%

29,023

17,114

69.6%

 

Fleet update

In February 2022 Aeroflot Airlines phased in one Airbus А350-900.

As of 28 February 2022, the fleet of Aeroflot Group consisted of 357 aircraft.

 

Net changes in the fleet

Number of aircraft
 

February 2022

2M 2022

as of 28.02.2022

Aeroflot Group

+1

+1

357

Aeroflot Airlines

+1

–

187

Pobeda Airlines

–

–

44

Rossiya Airlines

–

+1

126

 

Aeroflot Group Operating Results

February 2022

February 2021

Change

2M 2022

2M 2021

Change

Passengers carried, thousand PAX

2,791.9

2,237.8

24.8%

6,300.3

4,601.3

36.9%

- international

700.6

266.2

2.6х

1,605.1

525.7

3.1х

- domestic

2,091.3

1,971.6

6.1%

4,695.1

4,075.6

15.2%

Revenue Passenger Kilometres, mn

6,527.6

4,604.3

41.8%

14,682.4

9,481.3

54.9%

- international

2,451.9

906.7

2.7х

5,628.6

1,808.0

3.1х

- domestic

4,075.7

3,697.6

10.2%

9,053.8

7,673.3

18.0%

Available Seat Kilometres, mn

8,694.9

5,757.0

51.0%

19,532.6

12,078.3

61.7%

- international

3,642.6

1,316.2

2.8х

8,411.6

2,707.2

3.1х

- domestic

5,052.3

4,440.8

13.8%

11,121.0

9,371.1

18.7%

Passenger load factor, %

75.1%

80.0%

(4.9 p.p.)

75.2%

78.5%

(3.3 p.p.)

- international

67.3%

68.9%

(1.6 p.p.)

66.9%

66.8%

0.1 p.p.

- domestic

80.7%

83.3%

(2.6 p.p.)

81.4%

81.9%

(0.5 p.p.)

Cargo and mail carried, tonnes

19,420.5

20,962.1

(7.4%)

41,073.4

39,486.5

4.0%

- international

7,837.2

8,720.3

(10.1%)

17,821.9

15,938.3

11.8%

- domestic

11,583.3

12,241.8

(5.4%)

23,251.5

23,548.2

(1.3%)

Revenue Cargo Tonne Kilometres, mn

81.8

91.2

(10.4%)

178.4

171.9

3.8%

- international

39.9

47.9

(16.6%)

95.7

90.2

6.1%

- domestic

41.8

43.3

(3.5%)

82.7

81.7

1.3%

Revenue Tonne Kilometres, mn

669.2

505.6

32.4%

1,499.9

1,025.2

46.3%

- international

260.6

129.5

2.0х

602.3

252.9

2.4х

- domestic

408.6

376.1

8.6%

897.5

772.3

16.2%

Available Tonne Kilometres, mn

1,053.4

789.4

33.4%

2,395.8

1,624.9

47.4%

- international

476.3

269.9

76.5%

1,126.8

529.9

2.1х

- domestic

577.1

519.5

11.1%

1,269.1

1,095.0

15.9%

Revenue load factor, %

63.5%

64.0%

(0.5 p.p.)

62.6%

63.1%

(0.5 p.p.)

- international

54.7%

48.0%

6.7 p.p.

53.5%

47.7%

5.7 p.p.

- domestic

70.8%

72.4%

(1.6 p.p.)

70.7%

70.5%

0.2 p.p.

Revenue flights

20,997

16,680

25.9%

47,546

35,010

35.8%

- international

5,112

2,056

2.5х

11,878

4,243

2.8х

- domestic

15,885

14,624

8.6%

35,668

30,767

15.9%

Flight hours

58,326

42,011

38.8%

131,415

87,778

49.7%

[1] Management accounts.