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 2019[1].
12M 2019 Operating Highlights
In 12M 2019, Aeroflot Group carried 60.7 million passengers, up 9.0% year-on-year. Aeroflot airline carried 37.2 million passengers, a year-on-year increase of 4.1%.
Group and Company RPKs increased by 9.2% and 3.8% year-on-year, respectively. ASKs rose by 10.3% year-on-year for the Group and by 5.5% year-on-year for the Company.
The passenger load factor decreased by 0.8 p.p. year-on-year to 81.9% for Aeroflot Group and decreased by 1.3 p.p. to 79.2% for Aeroflot airline.
December 2019 Operating Highlights
In December 2019, Aeroflot Group carried 4.4 million passengers, a year-on-year increase of 0.9%. Aeroflot airline carried 2.8 million passengers, a year-on-year decrease of 3.9%.
Group RPK increased by 0.6% year-on-year and Company RPK decreased 2.2% year-on-year. ASKs rose by 1.5% for Aeroflot Group and decreased by 0.4% for Aeroflot airline.
Aeroflot Group’s passenger load factor was 76.4%, representing a 0.7 p.p. decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 1.4 p.p. year-on-year to 73.5%.
Fleet update
In December 2019, Aeroflot Group phased out four aircraft: Airbus A330-300, Airbus A319, Airbus A320 and DHC-8-200. At the same period, Aeroflot airline phased out two aircraft: Airbus A330-300 and Airbus A320.
As of 31 December 2019, Group and Company fleet had 358 and 245 aircraft, respectively.
|
|
Net changes in the fleet[2] |
Number of aircraft |
|
|
|
December 2019 |
as of 31.12.2019 |
as of 31.12.2019 |
|
Aeroflot Group |
(4) |
(8) |
358 |
|
Aeroflot airline |
(2) |
(8) |
245 |
Aeroflot Group Operating Results
|
December 2019 |
December 2018 |
Change |
12M 2019 |
12M 2018 |
Change |
|
|
Passengers carried, thousand PAX |
4,372.9 |
4,335.2 |
0.9% |
60,718.7 |
55,710.2 |
9.0% |
|
- international |
1,868.9 |
1,913.2 |
(2.3%) |
27,118.1 |
24,737.3 |
9.6% |
|
- domestic |
2,504.0 |
2,422.0 |
3.4% |
33,600.6 |
30,972.9 |
8.5% |
|
Revenue Passenger Kilometres, mn |
11,294.6 |
11,227.2 |
0.6% |
156,249.8 |
143,150.4 |
9.2% |
|
- international |
6,594.5 |
6,691.1 |
(1.4%) |
91,400.9 |
83,249.6 |
9.8% |
|
- domestic |
4,700.1 |
4,536.1 |
3.6% |
64,848.9 |
59,900.8 |
8.3% |
|
Available Seat Kilometres, mn |
14,778.2 |
14,554.1 |
1.5% |
190,855.5 |
173,074.6 |
10.3% |
|
- international |
8,828.7 |
8,938.1 |
(1.2%) |
113,766.1 |
102,843.2 |
10.6% |
|
- domestic |
5,949.5 |
5,616.0 |
5.9% |
77,089.4 |
70,231.5 |
9.8% |
|
Passenger load factor, % |
76.4% |
77.1% |
(0.7 p.p.) |
81.9% |
82.7% |
(0.8 p.p.) |
|
- international |
74.7% |
74.9% |
(0.2 p.p.) |
80.3% |
80.9% |
(0.6 p.p.) |
|
- domestic |
79.0% |
80.8% |
(1.8 p.p.) |
84.1% |
85.3% |
(1.2 p.p.) |
|
Cargo and mail carried, tonnes |
29,867.0 |
28,264.2 |
5.7% |
316,997.3 |
303,879.1 |
4.3% |
|
- international |
15,445.4 |
16,115.6 |
(4.2%) |
172,801.2 |
171,147.3 |
1.0% |
|
- domestic |
14,421.6 |
12,148.6 |
18.7% |
144,196.1 |
132,731.8 |
8.6% |
|
Revenue Cargo Tonne Kilometres, mn |
124.8 |
117.9 |
5.8% |
1,314.1 |
1,299.7 |
1.1% |
|
- international |
74.3 |
75.5 |
(1.6%) |
804.3 |
803.0 |
0.2% |
|
- domestic |
50.5 |
42.5 |
19.0% |
509.8 |
496.7 |
2.6% |
|
Revenue Tonne Kilometres, mn |
1,141.3 |
1,128.4 |
1.1% |
15,376.6 |
14,183.2 |
8.4% |
|
- international |
667.8 |
677.7 |
(1.5%) |
9,030.4 |
8,295.5 |
8.9% |
|
- domestic |
473.6 |
450.7 |
5.1% |
6,346.2 |
5,887.7 |
7.8% |
|
Available Tonne Kilometres, mn |
1,767.2 |
1,733.4 |
2.0% |
22,721.4 |
20,476.3 |
11.0% |
|
- international |
1,078.9 |
1,079.5 |
(0.1%) |
13,636.2 |
12,185.3 |
11.9% |
|
- domestic |
688.3 |
653.9 |
5.3% |
9,085.2 |
8,291.0 |
9.6% |
|
Revenue load factor, % |
64.6% |
65.1% |
(0.5 p.p.) |
67.7% |
69.3% |
(1.6 p.p.) |
|
- international |
61.9% |
62.8% |
(0.9 p.p.) |
66.2% |
68.1% |
(1.9 p.p.) |
|
- domestic |
68.8% |
68.9% |
(0.1 p.p.) |
69.9% |
71.0% |
(1.2 p.p.) |
|
Revenue flights |
35,593 |
35,264 |
0.9% |
446,009 |
411,455 |
8.4% |
|
- international |
14,539 |
14,952 |
(2.8%) |
186,983 |
173,407 |
7.8% |
|
- domestic |
21,054 |
20,312 |
3.7% |
259,026 |
238,048 |
8.8% |
|
Flight hours |
98,146 |
96,851 |
1.3% |
1,225,785 |
1,123,546 |
9.1% |
Aeroflot – Russian Airlines Operating Results
|
December 2019 |
December 2018 |
Change |
12M 2019 |
12M 2018 |
Change |
|
|
Passengers carried, thousand PAX |
2,800.5 |
2,915.1 |
(3.9%) |
37,220.7 |
35,762.5 |
4.1% |
|
- international |
1,436.3 |
1,480.2 |
(3.0%) |
19,423.4 |
18,213.9 |
6.6% |
|
- domestic |
1,364.2 |
1,434.9 |
(4.9%) |
17,797.3 |
17,548.6 |
1.4% |
|
Revenue Passenger Kilometres, mn |
7,716.9 |
7,893.4 |
(2.2%) |
101,640.1 |
97,955.8 |
3.8% |
|
- international |
5,167.5 |
5,275.5 |
(2.0%) |
68,923.8 |
64,044.1 |
7.6% |
|
- domestic |
2,549.5 |
2,617.9 |
(2.6%) |
32,716.3 |
33,911.7 |
(3.5%) |
|
Available Seat Kilometres, mn |
10,495.3 |
10,532.7 |
(0.4%) |
128,295.0 |
121,661.9 |
5.5% |
|
- international |
7,124.9 |
7,219.7 |
(1.3%) |
88,244.8 |
81,464.7 |
8.3% |
|
- domestic |
3,370.4 |
3,313.0 |
1.7% |
40,050.2 |
40,197.2 |
(0.4%) |
|
Passenger load factor, % |
73.5% |
74.9% |
(1.4 p.p.) |
79.2% |
80.5% |
(1.3 p.p.) |
|
- international |
72.5% |
73.1% |
(0.5 p.p.) |
78.1% |
78.6% |
(0.5 p.p.) |
|
- domestic |
75.6% |
79.0% |
(3.4 p.p.) |
81.7% |
84.4% |
(2.7 p.p.) |
|
Cargo and mail carried, tonnes |
20,708.2 |
20,735.1 |
(0.1%) |
217,812.5 |
223,830.7 |
(2.7%) |
|
- international |
13,125.9 |
14,105.7 |
(6.9%) |
147,354.8 |
152,280.9 |
(3.2%) |
|
- domestic |
7,582.3 |
6,629.4 |
14.4% |
70,457.7 |
71,549.8 |
(1.5%) |
|
Revenue Cargo Tonne Kilometres, mn |
94.7 |
93.0 |
1.8% |
996.4 |
1,045.7 |
(4.7%) |
|
- international |
66.2 |
69.3 |
(4.5%) |
727.9 |
751.4 |
(3.1%) |
|
- domestic |
28.5 |
23.7 |
20.4% |
268.5 |
294.3 |
(8.8%) |
|
Revenue Tonne Kilometres, mn |
789.2 |
803.4 |
(1.8%) |
10,144.0 |
9,861.7 |
2.9% |
|
- international |
531.3 |
544.1 |
(2.4%) |
6,931.0 |
6,515.4 |
6.4% |
|
- domestic |
258.0 |
259.3 |
(0.5%) |
3,213.0 |
3,346.3 |
(4.0%) |
|
Available Tonne Kilometres, mn |
1,273.7 |
1,264.3 |
0.7% |
15,471.6 |
14,630.7 |
5.7% |
|
- international |
884.4 |
884.0 |
0.0% |
10,820.7 |
9,880.4 |
9.5% |
|
- domestic |
389.3 |
380.3 |
2.4% |
4,650.8 |
4,750.3 |
(2.1%) |
|
Revenue load factor, % |
62.0% |
63.5% |
(1.6 p.p.) |
65.6% |
67.4% |
(1.8 p.p.) |
|
- international |
60.1% |
61.6% |
(1.5 p.p.) |
64.1% |
65.9% |
(1.9 p.p.) |
|
- domestic |
66.3% |
68.2% |
(1.9 p.p.) |
69.1% |
70.4% |
(1.4 p.p.) |
|
Revenue flights |
24,251 |
24,429 |
(0.7%) |
291,743 |
273,177 |
6.8% |
|
- international |
11,641 |
11,944 |
(2.5%) |
142,344 |
134,291 |
6.0% |
|
- domestic |
12,610 |
12,485 |
1.0% |
149,399 |
138,886 |
7.6% |
|
Flight hours |
69,624 |
70,011 |
(0.6%) |
833,574 |
778,795 |
7.0% |
