Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for February and 2M 2020.
2M 2020 Operating Highlights
In 2M 2020, Aeroflot Group carried 8.2 million passengers, up 0.1% year-on-year. Aeroflot airline carried 5.2 million passengers, a year-on-year decrease of 4.9%.
Group RPKs remained flat year-on-year. Company RPKs decreased by 3.4% year-on-year. ASKs rose by 2.7% year-on-year for the Group and by 1.8% year-on-year for the Company.
The passenger load factor decreased by 2.0 p.p. year-on-year to 74.6% for Aeroflot Group and decreased by 3.8 p.p. to 70.4% for Aeroflot airline.
February 2020 Operating Highlights
In February 2020, Aeroflot Group carried 3.9 million passengers, a year-on-year decrease of 0.1%. Aeroflot airline carried 2.5 million passengers, a year-on-year decrease of 4.5%.
Group and Company RPKs were down 0.6% and 4.1% year-on-year, respectively. ASKs rose by 3.6% for Aeroflot Group and by 3.2% for Aeroflot airline.
Aeroflot Group’s passenger load factor was 74.4%, representing a 3.1 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 5.3 percentage points year-on-year to 70.0%.
February 2020 results were among other factors impacted by COVID-19 and travel restrictions on entry and flights imposed by a number of countries in Asia and Europe.
Fleet update
In February 2020, Aeroflot Group added one Airbus A350-900. One Airbus A330-300 and two Airbus A320 were phased-out. As of 29 February 2020, the Group fleet had 361 aircraft. As of 29 February 2020, the Company fleet had 247 aircraft.
|
|
Net changes in the fleet |
Number of aircraft |
|
|
February 2020 |
as of 29.02.2020 |
|
Aeroflot Group |
(2) |
361 |
|
Aeroflot airline |
(2) |
247 |
Aeroflot Group Operating Results
|
February 2020 |
February 2019 |
Change |
2M 2020 |
2M 2019 |
Change |
|
|
Passengers carried, thousand PAX |
3,944.2 |
3,949.5 |
(0.1%) |
8,178.6 |
8,170.0 |
0.1% |
|
- international |
1,691.8 |
1,758.3 |
(3.8%) |
3,567.9 |
3,674.4 |
(2.9%) |
|
- domestic |
2,252.4 |
2,191.1 |
2.8% |
4,610.7 |
4,495.7 |
2.6% |
|
Revenue Passenger Kilometres, mn |
10,246.2 |
10,304.5 |
(0.6%) |
21,484.6 |
21,484.5 |
0.0% |
|
- international |
6,077.7 |
6,278.3 |
(3.2%) |
12,929.6 |
13,155.3 |
(1.7%) |
|
- domestic |
4,168.5 |
4,026.2 |
3.5% |
8,554.9 |
8,329.2 |
2.7% |
|
Available Seat Kilometres, mn |
13,778.0 |
13,297.5 |
3.6% |
28,797.5 |
28,027.9 |
2.7% |
|
- international |
8,309.4 |
8,135.7 |
2.1% |
17,354.0 |
17,224.8 |
0.7% |
|
- domestic |
5,468.6 |
5,161.8 |
5.9% |
11,443.6 |
10,803.1 |
5.9% |
|
Passenger load factor, % |
74.4% |
77.5% |
(3.1 p.p.) |
74.6% |
76.7% |
(2.0 p.p.) |
|
- international |
73.1% |
77.2% |
(4.0 p.p.) |
74.5% |
76.4% |
(1.9 p.p.) |
|
- domestic |
76.2% |
78.0% |
(1.8 p.p.) |
74.8% |
77.1% |
(2.3 p.p.) |
|
Cargo and mail carried, tonnes |
25,406.3 |
20,810.9 |
22.1% |
48,791.6 |
40,725.2 |
19.8% |
|
- international |
14,250.0 |
11,449.1 |
24.5% |
27,722.4 |
23,121.1 |
19.9% |
|
- domestic |
11,156.3 |
9,361.8 |
19.2% |
21,069.2 |
17,604.0 |
19.7% |
|
Revenue Cargo Tonne Kilometres, mn |
108.0 |
85.4 |
26.5% |
204.2 |
166.5 |
22.7% |
|
- international |
68.4 |
51.3 |
33.4% |
131.7 |
103.3 |
27.5% |
|
- domestic |
39.6 |
34.0 |
16.2% |
72.5 |
63.1 |
14.9% |
|
Revenue Tonne Kilometres, mn |
1,030.2 |
1,012.8 |
1.7% |
2,137.8 |
2,100.1 |
1.8% |
|
- international |
615.4 |
616.4 |
(0.2%) |
1,295.4 |
1,287.3 |
0.6% |
|
- domestic |
414.7 |
396.4 |
4.6% |
842.5 |
812.8 |
3.7% |
|
Available Tonne Kilometres, mn |
1,654.5 |
1,582.5 |
4.5% |
3,462.2 |
3,340.0 |
3.7% |
|
- international |
1,017.8 |
986.1 |
3.2% |
2,129.4 |
2,088.4 |
2.0% |
|
- domestic |
636.6 |
596.4 |
6.7% |
1,332.7 |
1,251.6 |
6.5% |
|
Revenue load factor, % |
62.3% |
64.0% |
(1.7 p.p.) |
61.7% |
62.9% |
(1.1 p.p.) |
|
- international |
60.5% |
62.5% |
(2.0 p.p.) |
60.8% |
61.6% |
(0.8 p.p.) |
|
- domestic |
65.1% |
66.5% |
(1.3 p.p.) |
63.2% |
64.9% |
(1.7 p.p.) |
|
Revenue flights |
32,966 |
31,885 |
3.4% |
68,756 |
67,048 |
2.5% |
|
- international |
13,404 |
13,361 |
0.3% |
27,970 |
28,330 |
(1.3%) |
|
- domestic |
19,562 |
18,524 |
5.6% |
40,786 |
38,718 |
5.3% |
|
Flight hours |
90,805 |
88,015 |
3.2% |
189,878 |
185,337 |
2.5% |
Aeroflot - Russian Airlines Operating Results
|
February 2020 |
February 2019 |
Change |
2M 2020 |
2M 2019 |
Change |
||
|
Passengers carried, thousand PAX |
2,515.3 |
2,634.0 |
(4.5%) |
5,151.3 |
5,417.6 |
(4.9%) |
|
|
- international |
1,284.5 |
1,351.3 |
(4.9%) |
2,707.7 |
2,808.3 |
(3.6%) |
|
|
- domestic |
1,230.8 |
1,282.7 |
(4.0%) |
2,443.6 |
2,609.3 |
(6.4%) |
|
|
Revenue Passenger Kilometres, mn |
6,884.0 |
7,178.2 |
(4.1%) |
14,390.7 |
14,894.4 |
(3.4%) |
|
|
- international |
4,630.8 |
4,866.5 |
(4.8%) |
9,909.9 |
10,174.5 |
(2.6%) |
|
|
- domestic |
2,253.2 |
2,311.6 |
(2.5%) |
4,480.8 |
4,719.8 |
(5.1%) |
|
|
Available Seat Kilometres, mn |
9,827.6 |
9,527.4 |
3.2% |
20,437.7 |
20,071.7 |
1.8% |
|
|
- international |
6,658.5 |
6,481.3 |
2.7% |
13,903.6 |
13,712.0 |
1.4% |
|
|
- domestic |
3,169.1 |
3,046.0 |
4.0% |
6,534.0 |
6,359.7 |
2.7% |
|
|
Passenger load factor, % |
70.0% |
75.3% |
(5.3 p.p.) |
70.4% |
74.2% |
(3.8 p.p.) |
|
|
- international |
69.5% |
75.1% |
(5.5 p.p.) |
71.3% |
74.2% |
(2.9 p.p.) |
|
|
- domestic |
71.1% |
75.9% |
(4.8 p.p.) |
68.6% |
74.2% |
(5.6 p.p.) |
|
|
Cargo and mail carried, tonnes |
17,961.5 |
14,697.6 |
22.2% |
33,463.4 |
28,333.1 |
18.1% |
|
|
- international |
12,220.5 |
9,540.3 |
28.1% |
23,267.7 |
19,076.8 |
22.0% |
|
|
- domestic |
5,741.0 |
5,157.2 |
11.3% |
10,195.7 |
9,256.3 |
10.1% |
|
|
Revenue Cargo Tonne Kilometres, mn |
84.0 |
64.6 |
30.1% |
156.3 |
126.4 |
23.7% |
|
|
- international |
61.7 |
44.8 |
38.0% |
117.1 |
90.7 |
29.2% |
|
|
- domestic |
22.3 |
19.9 |
12.3% |
39.2 |
35.7 |
9.7% |
|
|
Revenue Tonne Kilometres, mn |
703.6 |
710.6 |
(1.0%) |
1,451.5 |
1,466.9 |
(1.0%) |
|
|
- international |
478.5 |
482.7 |
(0.9%) |
1,009.0 |
1,006.4 |
0.3% |
|
|
- domestic |
225.1 |
227.9 |
(1.2%) |
442.5 |
460.5 |
(3.9%) |
|
|
Available Tonne Kilometres, mn |
1,194.5 |
1,145.5 |
4.3% |
2,488.8 |
2,415.0 |
3.1% |
|
|
- international |
827.2 |
793.5 |
4.2% |
1,731.6 |
1,680.0 |
3.1% |
|
|
- domestic |
367.3 |
352.0 |
4.3% |
757.1 |
735.0 |
3.0% |
|
|
Revenue load factor, % |
58.9% |
62.0% |
(3.1 p.p.) |
58.3% |
60.7% |
(2.4 p.p.) |
|
|
- international |
57.9% |
60.8% |
(3.0 p.p.) |
58.3% |
59.9% |
(1.6 p.p.) |
|
|
- domestic |
61.3% |
64.7% |
(3.5 p.p.) |
58.4% |
62.7% |
(4.2 p.p.) |
|
|
Revenue flights |
22,788 |
21,946 |
3.8% |
47,044 |
46,145 |
1.9% |
|
|
- international |
10,816 |
10,627 |
1.8% |
22,464 |
22,466 |
(0.0%) |
|
|
- domestic |
11,972 |
11,319 |
5.8% |
24,580 |
23,679 |
3.8% |
|
|
Flight hours |
64,925 |
62,990 |
3.1% |
134,790 |
132,681 |
1.6% |
|
