Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for September and 9M 2019[1].
9M 2019 Operating Highlights
In 9M 2019, Aeroflot Group carried 46.7 million passengers, up 10.6% year-on-year. Aeroflot airline carried 28.4 million passengers, a year-on-year increase of 6.2%.
Group and Company RPKs increased by 10.9% and 5.6% year-on-year, respectively. ASKs rose by 12.4% year-on-year for the Group and by 7.4% year-on-year for the Company.
The passenger load factor decreased by 1.1 p.p. year-on-year to 82.7% for Aeroflot Group and decreased by 1.4 p.p. to 80.2% for Aeroflot airline.
September 2019 Operating Highlights
In September 2019, Aeroflot Group carried 5.7 million passengers, a year-on-year increase of 5.1%. Aeroflot airline carried 3.3 million passengers, a year-on-year decrease of 1.3%.
Group RPK increased by 5.0% year-on-year and Company RPK decreased 1.6% year-on-year. ASKs rose by 7.6% for Aeroflot Group and by 2.8% for Aeroflot airline.
Aeroflot Group’s passenger load factor was 85.1%, representing a 2.1 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 3.6 percentage points year-on-year to 81.8%.
Fleet update
There were no changes in Aeroflot Group fleet in September 2019. As of 30 September 2019, Group and Company fleet had 364 and 249 aircraft, respectively.
|
|
Net changes in the fleet |
Number of aircraft[2] as of 30.09.2019 |
|
|
|
September 2019 |
9M 2019 |
|
|
Aeroflot Group |
- |
-2 |
364 |
|
Aeroflot airline |
- |
-4 |
249 |
Aeroflot Group Operating Results
|
September 2019 |
September 2018 |
Change |
9M 2019 |
9M 2018 |
Change |
|||
|
Passengers carried, thousand PAX |
5,682.9 |
5,406.6 |
5.1% |
46,728.4 |
42,248.9 |
10.6% |
||
|
- international |
2,576.6 |
2,408.0 |
7.0% |
20,957.5 |
18,759.0 |
11.7% |
||
|
- domestic |
3,106.3 |
2,998.6 |
3.6% |
25,770.9 |
23,489.9 |
9.7% |
||
|
Revenue Passenger Kilometres, mn |
14,605.3 |
13,915.0 |
5.0% |
120,265.0 |
108,428.2 |
10.9% |
||
|
- international |
8,336.2 |
7,803.0 |
6.8% |
70,209.4 |
62,725.4 |
11.9% |
||
|
- domestic |
6,269.1 |
6,112.0 |
2.6% |
50,055.6 |
45,702.8 |
9.5% |
||
|
Available Seat Kilometres, mn |
17,171.9 |
15,957.8 |
7.6% |
145,381.5 |
129,392.6 |
12.4% |
||
|
- international |
9,956.0 |
9,139.4 |
8.9% |
86,333.1 |
76,179.8 |
13.3% |
||
|
- domestic |
7,215.9 |
6,818.4 |
5.8% |
59,048.3 |
53,212.7 |
11.0% |
||
|
Passenger load factor, % |
85.1% |
87.2% |
(2.1 p.p.) |
82.7% |
83.8% |
(1.1 p.p.) |
||
|
- international |
83.7% |
85.4% |
(1.6 p.p.) |
81.3% |
82.3% |
(1.0 p.p.) |
||
|
- domestic |
86.9% |
89.6% |
(2.8 p.p.) |
84.8% |
85.9% |
(1.1 p.p.) |
||
|
Cargo and mail carried, tonnes |
28,972.6 |
28,280.5 |
2.4% |
228,697.5 |
218,616.3 |
4.6% |
||
|
- international |
14,901.7 |
14,990.7 |
(0.6%) |
125,662.2 |
121,326.5 |
3.6% |
||
|
- domestic |
14,070.9 |
13,289.8 |
5.9% |
103,035.4 |
97,289.8 |
5.9% |
||
|
Revenue Cargo Tonne Kilometres, mn |
118.4 |
121.5 |
(2.5%) |
943.1 |
937.3 |
0.6% |
||
|
- international |
68.8 |
69.1 |
(0.4%) |
579.1 |
570.5 |
1.5% |
||
|
- domestic |
49.6 |
52.4 |
(5.3%) |
364.0 |
366.8 |
(0.8%) |
||
|
Revenue Tonne Kilometres, mn |
1,432.9 |
1,373.9 |
4.3% |
11,767.0 |
10,695.8 |
10.0% |
||
|
- international |
819.1 |
771.4 |
6.2% |
6,897.9 |
6,215.8 |
11.0% |
||
|
- domestic |
613.8 |
602.5 |
1.9% |
4,869.0 |
4,480.0 |
8.7% |
||
|
Available Tonne Kilometres, mn |
2,044.6 |
1,888.1 |
8.3% |
17,290.8 |
15,283.6 |
13.1% |
||
|
- international |
1,181.6 |
1,074.1 |
10.0% |
10,312.7 |
8,985.7 |
14.8% |
||
|
- domestic |
863.0 |
814.0 |
6.0% |
6,978.1 |
6,297.9 |
10.8% |
||
|
Revenue load factor, % |
70.1% |
72.8% |
(2.7 p.p.) |
68.1% |
70.0% |
(1.9 p.p.) |
||
|
- international |
69.3% |
71.8% |
(2.5 p.p.) |
66.9% |
69.2% |
(2.3 p.p.) |
||
|
- domestic |
71.1% |
74.0% |
(2.9 p.p.) |
69.8% |
71.1% |
(1.4 p.p.) |
||
|
Revenue flights |
39,404 |
37,238 |
5.8% |
337,423 |
305,730 |
10.4% |
||
|
- international |
16,495 |
15,798 |
4.4% |
141,691 |
128,358 |
10.4% |
||
|
- domestic |
22,909 |
21,440 |
6.9% |
195,732 |
177,372 |
10.4% |
||
|
Flight hours |
107,828 |
101,873 |
5.8% |
927,336 |
833,777 |
11.2% |
||
Aeroflot – Russian Airlines Operating Results
|
September 2019 |
September 2018 |
Change |
9M 2019 |
9M 2018 |
Change |
|||
|
Passengers carried, thousand PAX |
3,257.1 |
3,298.7 |
(1.3%) |
28,433.4 |
26,770.2 |
6.2% |
||
|
- international |
1,723.1 |
1,660.0 |
3.8% |
14,907.1 |
13,687.8 |
8.9% |
||
|
- domestic |
1,534.1 |
1,638.7 |
(6.4%) |
13,526.3 |
13,082.5 |
3.4% |
||
|
Revenue Passenger Kilometres, mn |
8,862.4 |
9,005.9 |
(1.6%) |
77,622.1 |
73,525.1 |
5.6% |
||
|
- international |
6,002.0 |
5,717.6 |
5.0% |
52,823.5 |
47,958.3 |
10.1% |
||
|
- domestic |
2,860.4 |
3,288.3 |
(13.0%) |
24,798.6 |
25,566.8 |
(3.0%) |
||
|
Available Seat Kilometres, mn |
10,828.4 |
10,534.7 |
2.8% |
96,754.7 |
90,087.8 |
7.4% |
||
|
- international |
7,439.7 |
6,880.0 |
8.1% |
66,752.7 |
60,054.0 |
11.2% |
||
|
- domestic |
3,388.6 |
3,654.8 |
(7.3%) |
30,002.0 |
30,033.8 |
(0.1%) |
||
|
Passenger load factor, % |
81.8% |
85.5% |
(3.6 p.p.) |
80.2% |
81.6% |
(1.4 p.p.) |
||
|
- international |
80.7% |
83.1% |
(2.4 p.p.) |
79.1% |
79.9% |
(0.7 p.p.) |
||
|
- domestic |
84.4% |
90.0% |
(5.6 p.p.) |
82.7% |
85.1% |
(2.5 p.p.) |
||
|
Cargo and mail carried, tonnes |
18,983.2 |
19,898.1 |
(4.6%) |
156,013.0 |
160,095.9 |
(2.6%) |
||
|
- international |
12,650.5 |
12,994.7 |
(2.6%) |
106,720.6 |
108,040.3 |
(1.2%) |
||
|
- domestic |
6,332.7 |
6,903.4 |
(8.3%) |
49,292.4 |
52,055.6 |
(5.3%) |
||
|
Revenue Cargo Tonne Kilometres, mn |
86.8 |
93.1 |
(6.8%) |
712.2 |
754.8 |
(5.6%) |
||
|
- international |
62.8 |
63.7 |
(1.5%) |
523.8 |
535.2 |
(2.1%) |
||
|
- domestic |
24.0 |
29.4 |
(18.4%) |
188.5 |
219.5 |
(14.1%) |
||
|
Revenue Tonne Kilometres, mn |
884.4 |
903.6 |
(2.1%) |
7,698.2 |
7,372.0 |
4.4% |
||
|
- international |
602.9 |
578.3 |
4.3% |
5,277.9 |
4,851.5 |
8.8% |
||
|
- domestic |
281.4 |
325.4 |
(13.5%) |
2,420.3 |
2,520.5 |
(4.0%) |
||
|
Available Tonne Kilometres, mn |
1,306.4 |
1,270.1 |
2.9% |
11,648.4 |
10,824.9 |
7.6% |
||
|
- international |
911.2 |
832.7 |
9.4% |
8,160.3 |
7,253.4 |
12.5% |
||
|
- domestic |
395.3 |
437.3 |
(9.6%) |
3,488.1 |
3,571.5 |
(2.3%) |
||
|
Revenue load factor, % |
67.7% |
71.1% |
(3.5 p.p.) |
66.1% |
68.1% |
(2.0 p.p.) |
||
|
- international |
66.2% |
69.4% |
(3.3 p.p.) |
64.7% |
66.9% |
(2.2 p.p.) |
||
|
- domestic |
71.2% |
74.4% |
(3.2 p.p.) |
69.4% |
70.6% |
(1.2 p.p.) |
||
|
Revenue flights |
24,826 |
23,930 |
3.7% |
218,987 |
200,651 |
9.1% |
||
|
- international |
12,107 |
11,733 |
3.2% |
107,210 |
98,963 |
8.3% |
||
|
- domestic |
12,719 |
12,197 |
4.3% |
111,777 |
101,688 |
9.9% |
||
|
Flight hours |
70,310 |
67,734 |
3.8% |
626,178 |
572,003 |
9.5% |
||