Aeroflot PJSC (Moscow Exchange ticker: AFLT) announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for March and 3M 2019[1].
3M 2019 Operating Highlights
In 3M 2019, Aeroflot Group carried 12.8 million passengers, up 16.2% year-on-year. Aeroflot airline carried 8.5 million passengers, a year-on-year increase of 14.3%.
Group and Company RPKs increased by 16.7% and 11.0% year-on-year, respectively. ASKs rose by 17.5% year-on-year for the Group and by 12.0% year-on-year for the Company.
The passenger load factor decreased by 0.6 p.p. year-on-year to 77.9% for Aeroflot Group and decreased by 0.7 p.p. to 75.8% for Aeroflot airline.
March 2019 Operating Highlights
In March 2019, Aeroflot Group carried 4.6 million passengers, a year-on-year increase of 16.9%. Aeroflot airline carried 3.0 million passengers, a year-on-year increase of 13.8%.
Group and Company RPKs were up 18.3% and 11.9% year-on-year, respectively. ASKs rose by 17.9% for Aeroflot Group and by 11.2% for Aeroflot airline.
Aeroflot Group’s passenger load factor was 80.3%, representing a 0.3 percentage point increase versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines increased by 0.5 percentage points year-on-year to 78.8%.
Fleet update
In March 2019, Aeroflot Group added two Boeing 777-300ER and two Boeing 737-800. As of 31 March 2019, the Group fleet had 371 aircraft.
Aeroflot airline added two Boeing 777-300ER aircraft. As of 31 March 2019, the Company fleet had 255 aircraft.
|
|
Net changes in the fleet |
Number of aircraft[2] as of 31.03.2019 |
|
|
|
March 2019 |
3M 2019 |
|
|
Aeroflot Group |
+4 |
+5 |
371 |
|
Aeroflot airline |
+2 |
+2 |
255 |
Aeroflot Group Operating Results
|
March 2019 |
March 2018 |
Change |
3M 2019 |
3M 2018 |
Change |
|
|
Passengers carried, thousand PAX |
4,594.1 |
3,930.1 |
16.9% |
12,764.2 |
10,985.2 |
16.2% |
|
- international |
2,056.4 |
1,744.5 |
17.9% |
5,730.8 |
4,887.8 |
17.2% |
|
- domestic |
2,537.6 |
2,185.6 |
16.1% |
7,033.4 |
6,097.3 |
15.4% |
|
Revenue Passenger Kilometres, mn |
12,058.8 |
10,190.1 |
18.3% |
33,541.7 |
28,743.1 |
16.7% |
|
- international |
7,410.0 |
6,198.0 |
19.6% |
20,565.2 |
17,567.8 |
17.1% |
|
- domestic |
4,648.8 |
3,992.1 |
16.4% |
12,976.5 |
11,175.3 |
16.1% |
|
Available Seat Kilometres, mn |
15,016.7 |
12,735.0 |
17.9% |
43,043.0 |
36,623.6 |
17.5% |
|
- international |
9,322.4 |
7,764.6 |
20.1% |
26,547.0 |
22,503.8 |
18.0% |
|
- domestic |
5,694.3 |
4,970.3 |
14.6% |
16,496.0 |
14,119.8 |
16.8% |
|
Passenger load factor, % |
80.3% |
80.0% |
0.3 p.p. |
77.9% |
78.5% |
(0.6 p.p.) |
|
- international |
79.5% |
79.8% |
(0.3 p.p.) |
77.5% |
78.1% |
(0.6 p.p.) |
|
- domestic |
81.6% |
80.3% |
1.3 p.p. |
78.7% |
79.1% |
(0.5 p.p.) |
|
Cargo and mail carried, tonnes |
24,272.3 |
23,140.2 |
4.9% |
64,995.6 |
62,666.2 |
3.7% |
|
- international |
14,041.3 |
13,372.7 |
5.0% |
37,161.7 |
36,010.3 |
3.2% |
|
- domestic |
10,231.0 |
9,767.5 |
4.7% |
27,833.8 |
26,655.9 |
4.4% |
|
Revenue Cargo Tonne Kilometres, mn |
102.9 |
100.1 |
2.8% |
269.4 |
270.6 |
(0.4%) |
|
- international |
66.3 |
64.0 |
3.7% |
169.6 |
171.4 |
(1.0%) |
|
- domestic |
36.6 |
36.2 |
1.3% |
99.8 |
99.2 |
0.6% |
|
Revenue Tonne Kilometres, mn |
1,188.2 |
1,017.2 |
16.8% |
3,288.1 |
2,857.5 |
15.1% |
|
- international |
733.2 |
621.8 |
17.9% |
2,020.5 |
1,752.5 |
15.3% |
|
- domestic |
455.0 |
395.5 |
15.1% |
1,267.6 |
1,105.0 |
14.7% |
|
Available Tonne Kilometres, mn |
1,773.5 |
1,501.7 |
18.1% |
5,113.3 |
4,327.5 |
18.2% |
|
- international |
1,114.5 |
924.1 |
20.6% |
3,202.9 |
2,682.7 |
19.4% |
|
- domestic |
659.0 |
577.6 |
14.1% |
1,910.4 |
1,644.8 |
16.1% |
|
Revenue load factor, % |
67.0% |
67.7% |
(0.7 p.p.) |
64.3% |
66.0% |
(1.7 p.p.) |
|
- international |
65.8% |
67.3% |
(1.5 p.p.) |
63.1% |
65.3% |
(2.2 p.p.) |
|
- domestic |
69.1% |
68.5% |
0.6 p.p. |
66.4% |
67.2% |
(0.8 p.p.) |
|
Revenue flights |
35,409 |
31,026 |
14.1% |
102,458 |
88,536 |
15.7% |
|
- international |
14,896 |
12,866 |
15.8% |
43,226 |
36,869 |
17.2% |
|
- domestic |
20,513 |
18,160 |
13.0% |
59,232 |
51,667 |
14.6% |
|
Flight hours |
98,188 |
84,449 |
16.3% |
283,538 |
241,952 |
17.2% |
Aeroflot - Russian Airlines Operating Results
|
March 2019 |
March 2018 |
Change |
3M 2019 |
3M 2018 |
Change |
||
|
Passengers carried, thousand PAX |
3,035.1 |
2,667.4 |
13.8% |
8,452.7 |
7,394.0 |
14.3% |
|
|
- international |
1,571.8 |
1,392.9 |
12.8% |
4,380.1 |
3,899.5 |
12.3% |
|
|
- domestic |
1,463.3 |
1,274.5 |
14.8% |
4,072.6 |
3,494.6 |
16.5% |
|
|
Revenue Passenger Kilometres, mn |
8,390.8 |
7,496.8 |
11.9% |
23,285.2 |
20,975.3 |
11.0% |
|
|
- international |
5,750.2 |
5,087.6 |
13.0% |
15,924.8 |
14,324.7 |
11.2% |
|
|
- domestic |
2,640.6 |
2,409.2 |
9.6% |
7,360.4 |
6,650.6 |
10.7% |
|
|
Available Seat Kilometres, mn |
10,644.4 |
9,568.1 |
11.2% |
30,716.1 |
27,419.2 |
12.0% |
|
|
- international |
7,350.8 |
6,540.6 |
12.4% |
21,062.8 |
18,912.0 |
11.4% |
|
|
- domestic |
3,293.6 |
3,027.5 |
8.8% |
9,653.3 |
8,507.2 |
13.5% |
|
|
Passenger load factor, % |
78.8% |
78.4% |
0.5 p.p. |
75.8% |
76.5% |
(0.7 p.p.) |
|
|
- international |
78.2% |
77.8% |
0.4 p.p. |
75.6% |
75.7% |
(0.1 p.p.) |
|
|
- domestic |
80.2% |
79.6% |
0.6 p.p. |
76.2% |
78.2% |
(1.9 p.p.) |
|
|
Cargo and mail carried, tonnes |
17,499.1 |
17,690.2 |
(1.1%) |
45,832.1 |
47,547.8 |
(3.6%) |
|
|
- international |
11,876.4 |
12,183.5 |
(2.5%) |
30,953.1 |
32,765.3 |
(5.5%) |
|
|
- domestic |
5,622.7 |
5,506.7 |
2.1% |
14,879.0 |
14,782.5 |
0.7% |
|
|
Revenue Cargo Tonne Kilometres, mn |
79.8 |
83.3 |
(4.2%) |
206.2 |
224.5 |
(8.2%) |
|
|
- international |
58.3 |
60.5 |
(3.6%) |
149.0 |
162.1 |
(8.1%) |
|
|
- domestic |
21.4 |
22.8 |
(5.9%) |
57.1 |
62.3 |
(8.3%) |
|
|
Revenue Tonne Kilometres, mn |
834.9 |
758.0 |
10.2% |
2,301.8 |
2,112.2 |
9.0% |
|
|
- international |
575.9 |
518.4 |
11.1% |
1,582.3 |
1,451.4 |
9.0% |
|
|
- domestic |
259.1 |
239.6 |
8.1% |
719.6 |
660.9 |
8.9% |
|
|
Available Tonne Kilometres, mn |
1,270.0 |
1,147.2 |
10.7% |
3,685.0 |
3,291.5 |
12.0% |
|
|
- international |
888.6 |
793.4 |
12.0% |
2,568.6 |
2,296.9 |
11.8% |
|
|
- domestic |
381.4 |
353.8 |
7.8% |
1,116.4 |
994.7 |
12.2% |
|
|
Revenue load factor, % |
65.7% |
66.1% |
(0.3 p.p.) |
62.5% |
64.2% |
(1.7 p.p.) |
|
|
- international |
64.8% |
65.3% |
(0.5 p.p.) |
61.6% |
63.2% |
(1.6 p.p.) |
|
|
- domestic |
67.9% |
67.7% |
0.2 p.p. |
64.5% |
66.4% |
(2.0 p.p.) |
|
|
Revenue flights |
23,991 |
21,125 |
13.6% |
70,136 |
60,232 |
16.4% |
|
|
- international |
11,725 |
10,524 |
11.4% |
34,191 |
30,259 |
13.0% |
|
|
- domestic |
12,266 |
10,601 |
15.7% |
35,945 |
29,973 |
19.9% |
|
|
Flight hours |
69,446 |
60,979 |
13.9% |
202,127 |
174,577 |
15.8% |
|
