Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for December and 12M 2018[1].
12M 2018 Operating Highlights
In 12M 2018, Aeroflot Group carried 55.7 million passengers, up 11.1% year-on-year. Aeroflot airline carried 35.8 million passengers, a year-on-year increase of 8.9%.
Group and Company RPKs increased by 9.9% and 6.7% year-on-year, respectively. ASKs rose by 10.1% year-on-year for the Group and by 8.4% year-on-year for the Company.
The passenger load factor decreased by 0.1 p.p. year-on-year to 82.7% for Aeroflot Group and decreased by 1.3 p.p. to 80.5% for Aeroflot airline.
December 2018 Operating Highlights
In December 2018, Aeroflot Group carried 4.3 million passengers, a year-on-year increase of 15.4%. Aeroflot airline carried 2.9 million passengers, a year-on-year increase of 13.5%.
Group and Company RPKs were up 14.3% and 9.1% year-on-year, respectively. ASKs rose by 16.5% for Aeroflot Group and by 12.2% for Aeroflot airline.
Aeroflot Group’s passenger load factor was 77.1%, representing a 1.5 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 2.2 percentage points year-on-year to 74.9%.
Fleet update
In December 2018, Aeroflot Group added one Airbus A320 and one Boeing 737-800. One Airbus A319 and one Airbus A321 were phased-out. As of 31 December 2018, the Group fleet had 366 aircraft.
Aeroflot airline added one Airbus A320 and one Boeing 737-800 aircraft as well as phased-out one Airbus A319 and one Airbus A321 aircraft. As of 31 December 2018, the Company fleet had 253 aircraft.
|
|
Net changes in the fleet |
Number of aircraft 2] as of 31.12.2018 |
|
|
|
December 2018 |
12M 2018 |
|
|
Aeroflot Group |
- |
+40 |
366 |
|
Aeroflot airline |
+1 |
+29 |
253 |
Aeroflot Group Operating Results
|
December2018 |
December2017 |
Change |
12M 2018 |
12M 2017 |
Change |
|
|
Passengers carried, thousand PAX |
4,335.4 |
3,757.5 |
15.4% |
55,710.4 |
50,128.9 |
11.1% |
|
- international |
1,913.3 |
1,669.5 |
14.6% |
24,737.3 |
22,549.7 |
9.7% |
|
- domestic |
2,422.1 |
2,088.0 |
16.0% |
30,973.1 |
27,579.2 |
12.3% |
|
Revenue Passenger Kilometres, mn |
11,227.8 |
9,825.1 |
14.3% |
143,150.7 |
130,222.2 |
9.9% |
|
- international |
6,691.2 |
5,927.5 |
12.9% |
83,249.4 |
77,034.3 |
8.1% |
|
- domestic |
4,536.6 |
3,897.6 |
16.4% |
59,901.3 |
53,187.9 |
12.6% |
|
Available Seat Kilometres, mn |
14,554.1 |
12,494.8 |
16.5% |
173,074.6 |
157,210.6 |
10.1% |
|
- international |
8,938.1 |
7,721.8 |
15.8% |
102,843.2 |
93,429.3 |
10.1% |
|
- domestic |
5,616.0 |
4,773.0 |
17.7% |
70,231.5 |
63,781.3 |
10.1% |
|
Passenger load factor, % |
77.1% |
78.6% |
(1.5 p.p.) |
82.7% |
82.8% |
(0.1 p.p.) |
|
- international |
74.9% |
76.8% |
(1.9 p.p.) |
80.9% |
82.5% |
(1.5 p.p.) |
|
- domestic |
80.8% |
81.7% |
(0.9 p.p.) |
85.3% |
83.4% |
1.9 p.p. |
|
Cargo and mail carried, tonnes |
28,261.7 |
27,185.6 |
4.0% |
303,881.1 |
273,359.0 |
11.2% |
|
- international |
16,114.6 |
15,081.4 |
6.9% |
171,148.3 |
153,328.0 |
11.6% |
|
- domestic |
12,147.0 |
12,104.2 |
0.4% |
132,732.8 |
120,031.0 |
10.6% |
|
Revenue Cargo Tonne Kilometres, mn |
117.9 |
116.4 |
1.3% |
1,299.7 |
1,231.1 |
5.6% |
|
- international |
75.5 |
72.3 |
4.3% |
803.1 |
755.5 |
6.3% |
|
- domestic |
42.5 |
44.0 |
(3.6%) |
496.7 |
475.5 |
4.4% |
|
Revenue Tonne Kilometres, mn |
1,128.4 |
1,000.6 |
12.8% |
14,183.3 |
12,951.1 |
9.5% |
|
- international |
677.7 |
605.8 |
11.9% |
8,295.5 |
7,688.7 |
7.9% |
|
- domestic |
450.8 |
394.8 |
14.2% |
5,887.8 |
5,262.4 |
11.9% |
|
Available Tonne Kilometres, mn |
1,733.4 |
1,479.9 |
17.1% |
20,476.3 |
18,843.2 |
8.7% |
|
- international |
1,079.5 |
922.4 |
17.0% |
12,185.3 |
11,185.7 |
8.9% |
|
- domestic |
653.9 |
557.5 |
17.3% |
8,291.0 |
7,657.6 |
8.3% |
|
Revenue load factor, % |
65.1% |
67.6% |
(2.5 p.p.) |
69.3% |
68.7% |
0.5 p.p. |
|
- international |
62.8% |
65.7% |
(2.9 p.p.) |
68.1% |
68.7% |
(0.6 p.p.) |
|
- domestic |
68.9% |
70.8% |
(1.9 p.p.) |
71.0% |
68.7% |
2.3 p.p. |
|
Revenue flights |
35,264 |
29,999 |
17.6% |
411,455 |
368,473 |
11.7% |
|
- international |
14,952 |
12,535 |
19.3% |
173,407 |
153,425 |
13.0% |
|
- domestic |
20,312 |
17,464 |
16.3% |
238,048 |
215,048 |
10.7% |
|
Flight hours |
96,851 |
82,891 |
16.8% |
1,123,546 |
1,009,108 |
11.3% |
Aeroflot - Russian Airlines Operating Results
|
December2018 |
December2017 |
Change |
12M 2018 |
12M 2017 |
Change |
||
|
Passengers carried, thousand PAX |
2,915.1 |
2,567.5 |
13.5% |
35,762.5 |
32,845.2 |
8.9% |
|
|
- international |
1,480.2 |
1,352.4 |
9.5% |
18,213.9 |
17,154.1 |
6.2% |
|
|
- domestic |
1,434.9 |
1,215.1 |
18.1% |
17,548.6 |
15,691.1 |
11.8% |
|
|
Revenue Passenger Kilometres, mn |
7,893.4 |
7,236.7 |
9.1% |
97,955.8 |
91,809.9 |
6.7% |
|
|
- international |
5,275.5 |
4,891.2 |
7.9% |
64,044.1 |
60,669.4 |
5.6% |
|
|
- domestic |
2,617.9 |
2,345.5 |
11.6% |
33,911.7 |
31,140.5 |
8.9% |
|
|
Available Seat Kilometres, mn |
10,532.7 |
9,383.3 |
12.2% |
121,661.9 |
112,246.0 |
8.4% |
|
|
- international |
7,219.7 |
6,534.5 |
10.5% |
81,464.7 |
75,315.6 |
8.2% |
|
|
- domestic |
3,313.0 |
2,848.8 |
16.3% |
40,197.2 |
36,930.4 |
8.8% |
|
|
Passenger load factor, % |
74.9% |
77.1% |
(2.2 p.p.) |
80.5% |
81.8% |
(1.3 p.p.) |
|
|
- international |
73.1% |
74.9% |
(1.8 p.p.) |
78.6% |
80.6% |
(2.0 p.p.) |
|
|
- domestic |
79.0% |
82.3% |
(3.3 p.p.) |
84.4% |
84.3% |
0.1 p.p. |
|
|
Cargo and mail carried, tonnes |
20,735.1 |
20,737.4 |
(0.0%) |
223,830.7 |
226,589.8 |
(1.2%) |
|
|
- international |
14,105.7 |
13,989.7 |
0.8% |
152,280.9 |
148,680.3 |
2.4% |
|
|
- domestic |
6,629.4 |
6,747.7 |
(1.8%) |
71,549.8 |
77,909.5 |
(8.2%) |
|
|
Revenue Cargo Tonne Kilometres, mn |
93.0 |
95.6 |
(2.7%) |
1,045.7 |
1,053.6 |
(0.8%) |
|
|
- international |
69.3 |
69.3 |
0.1% |
751.4 |
738.7 |
1.7% |
|
|
- domestic |
23.7 |
26.3 |
(9.9%) |
294.3 |
314.9 |
(6.5%) |
|
|
Revenue Tonne Kilometres, mn |
803.4 |
746.9 |
7.6% |
9,861.7 |
9,316.5 |
5.9% |
|
|
- international |
544.1 |
509.5 |
6.8% |
6,515.4 |
6,199.0 |
5.1% |
|
|
- domestic |
259.3 |
237.4 |
9.2% |
3,346.3 |
3,117.5 |
7.3% |
|
|
Available Tonne Kilometres, mn |
1,264.3 |
1,128.1 |
12.1% |
14,630.7 |
13,676.8 |
7.0% |
|
|
- international |
884.0 |
795.0 |
11.2% |
9,880.4 |
9,228.5 |
7.1% |
|
|
- domestic |
380.3 |
333.1 |
14.2% |
4,750.3 |
4,448.3 |
6.8% |
|
|
Revenue load factor, % |
63.5% |
66.2% |
(2.7 p.p.) |
67.4% |
68.1% |
(0.7 p.p.) |
|
|
- international |
61.6% |
64.1% |
(2.5 p.p.) |
65.9% |
67.2% |
(1.3 p.p.) |
|
|
- domestic |
68.2% |
71.3% |
(3.1 p.p.) |
70.4% |
70.1% |
0.3 p.p. |
|
|
Revenue flights |
24,429 |
20,495 |
19.2% |
273,177 |
243,317 |
12.3% |
|
|
- international |
11,944 |
10,351 |
15.4% |
134,291 |
121,003 |
11.0% |
|
|
- domestic |
12,485 |
10,144 |
23.1% |
138,886 |
122,314 |
13.5% |
|
|
Flight hours |
70,011 |
60,107 |
16.5% |
778,795 |
702,807 |
10.8% |
|