Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for September and 9M 2021[1].
Key highlights of September 2021[2]:
- Aeroflot Group carried 4.8 million passengers, 43.4% up year-on-year and 13.4% down vs. 2019;
- 3.7 million passengers carried in domestic segment, 24.7% up year-on-year and 24.3% up vs. 2019;
- Group’s RPK increased by 54.2% year-on-year and decreased by 24.8% vs. 2019, ASK increased by 59.1% year-on-year and decreased by 21.4% vs. 2019;
- Aeroflot Group’s passenger load factor was 81.5%, a 2.6 percentage point decrease year-on-year;
- Aeroflot Group carried 27.8 thousand tonnes of cargo and mail, up 30.3% year-on-year;
- Pobeda Airlines carried 1.4 million passengers; passenger load factor was 94.6%.
September 2021 Operating Highlights compared to September 2020 and 2019
Aeroflot Group airlines: All flights
|
Aeroflot |
Pobeda |
Rossiya |
Total |
|
|
Passengers carried, thousand PAX |
2,334.0 |
1,351.6 |
1,102.4 |
4,788.0 |
|
Change vs. 2020, % |
77.1% |
18.8% |
24.9% |
43.4% |
|
Change vs. 2019, % |
(28.3%) |
40.0%, |
(15.7%) |
(13.4%) |
|
Available Seat Kilometres, million |
7,442.7 |
2,430.8 |
3,396.0 |
13,269.5 |
|
Change vs. 2020, % |
2.1х |
19.9% |
24.2% |
59.1% |
|
Change vs. 2019, % |
(31.3%) |
33.4%, |
(19.9%) |
(21.4%) |
|
Passenger load factor, % |
75.9% |
94.6% |
84.4% |
81.5% |
|
Change vs. 2020, % |
(1.4 p.p.) |
(0.8 p.p.) |
(0.2 p.p.) |
(2.6 p.p.) |
|
Change vs. 2019, % |
(5.9 p.p.) |
(1.4 p.p.) |
(4.6 p.p.) |
(3.7 p.p.) |
|
Cargo and mail carried, tonnes |
17,239.4 |
6,146.2 |
4,390.5 |
27,776.1 |
|
Change vs. 2020, % |
41.5% |
8.4% |
26.3% |
30.3% |
|
Change vs. 2019, % |
(9.2%) |
6.8% |
23.1% |
(1.9%) |
|
|
|
|
|
|
Aeroflot Group airlines: Domestic flights
|
Aeroflot |
Pobeda |
Rossiya |
Total |
|
|
Passengers carried, thousand PAX |
1,657.8 |
1,241.5 |
821.6 |
3,720.9 |
|
Change vs. 2020, % |
47.8% |
14.2% |
5.9% |
24.7% |
|
Change vs. 2019, % |
8.1% |
61.6% |
18.8% |
24.3% |
|
Available Seat Kilometres, million |
4,453.4 |
2,119.1 |
2,442.0 |
9,014.5 |
|
Change vs. 2020, % |
59.2% |
11.9% |
0.9% |
26.8% |
|
Change vs. 2019, % |
31.4% |
57.8% |
6.6% |
28.4% |
|
Passenger load factor, % |
80.4% |
95.4% |
80.9% |
84.0% |
|
Change vs. 2020, % |
2.2 p.p. |
(0.1 p.p.) |
(2.7 p.p.) |
(0.6 p.p.) |
|
Change vs. 2019, % |
(4.1 p.p.) |
(0.6 p.p.) |
(4.8 p.p.) |
(3.0 p.p.) |
|
Cargo and mail carried, tonnes |
8,532.0 |
5,167.7 |
4,351.7 |
18,051.5 |
|
Change vs. 2020, % |
26.5% |
0.5% |
28.0% |
18.1% |
|
Change vs. 2019, % |
34.7% |
36.9% |
30.2% |
34.2% |
|
|
|
|
|
|
Fleet update
In September 2021 Aeroflot Group added two Boeing 777-300ER (Aeroflot Airlines) and three SSJ100
(Rossiya Airlines). Aeroflot Airlines phased out one Airbus А330-200 and one Airbus А320. Besides,
Aeroflot Airlines transferred two Airbus А320 and four SSJ100 to the fleet of Rossiya Airlines as part of intra-group redistribution. As of 30 September 2021, the fleet of Aeroflot Group consisted of 352 aircraft.
|
|
Net changes in the fleet |
Number of aircraft |
|
|
|
September 2021 |
9M 2021 |
as of 30.09.2021 |
|
Aeroflot Group |
+3 |
+10 |
352 |
|
Aeroflot Airlines |
–6 |
–45 |
196 |
|
Pobeda Airlines |
– |
+10 |
44 |
|
Rossiya Airlines |
+9 |
+45 |
112 |
Aeroflot Group Operating Results
(pro forma, excluding the results of Aurora Airlines in 2020)[3]
|
September 2021 |
September 2020 |
Change |
9M 2021 |
9M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
4,788.0 |
3,338.0 |
43.4% |
34,113.8 |
22,444.6 |
52.0% |
|
- international |
1,067.1 |
354.0 |
3.0х |
5,443.7 |
5,113.9 |
6.4% |
|
- domestic |
3,720.9 |
2,983.9 |
24.7% |
28,670.1 |
17,330.6 |
65.4% |
|
Revenue Passenger Kilometres, mn |
10,815.9 |
7,016.0 |
54.2% |
73,722.3 |
52,891.1 |
39.4% |
|
- international |
3,241.0 |
1,001.2 |
3.2х |
17,504.4 |
18,521.1 |
(5.5%) |
|
- domestic |
7,574.9 |
6,014.8 |
25.9% |
56,217.9 |
34,369.9 |
63.6% |
|
Available Seat Kilometres, mn |
13,269.5 |
8,342.4 |
59.1% |
90,858.2 |
71,583.2 |
26.9% |
|
- international |
4,255.0 |
1,231.7 |
3.5х |
23,901.0 |
26,056.2 |
(8.3%) |
|
- domestic |
9,014.5 |
7,110.7 |
26.8% |
66,957.3 |
45,526.9 |
47.1% |
|
Passenger load factor, % |
81.5% |
84.1% |
(2.6 p.p.) |
81.1% |
73.9% |
7.3 p.p. |
|
- international |
76.2% |
81.3% |
(5.1 p.p.) |
73.2% |
71.1% |
2.2 p.p. |
|
- domestic |
84.0% |
84.6% |
(0.6 p.p.) |
84.0% |
75.5% |
8.5 p.p. |
|
Cargo and mail carried, tonnes |
27,776.1 |
21,323.2 |
30.3% |
203,624.3 |
162,041.2 |
25.7% |
|
- international |
9,724.6 |
6,038.1 |
61.1% |
68,221.4 |
63,007.5 |
8.3% |
|
- domestic |
18,051.5 |
15,285.1 |
18.1% |
135,402.9 |
99,033.7 |
36.7% |
|
Revenue Cargo Tonne Kilometres, mn |
120.9 |
86.9 |
39.1% |
853.4 |
721.6 |
18.3% |
|
- international |
49.3 |
31.5 |
56.7% |
366.5 |
344.4 |
6.4% |
|
- domestic |
71.6 |
55.4 |
29.2% |
486.9 |
377.2 |
29.1% |
|
Revenue Tonne Kilometres, mn |
1,094.3 |
718.3 |
52.3% |
7,488.4 |
5,481.8 |
36.6% |
|
- international |
341.0 |
121.6 |
2.8х |
1,941.9 |
2,011.3 |
(3.5%) |
|
- domestic |
753.3 |
596.7 |
26.2% |
5,546.5 |
3,470.4 |
59.8% |
|
Available Tonne Kilometres, mn |
1,623.5 |
1,052.7 |
54.2% |
11,362.5 |
9,064.3 |
25.4% |
|
- international |
552.0 |
218.3 |
2.5х |
3,449.8 |
3,709.0 |
(7.0%) |
|
- domestic |
1,071.5 |
834.4 |
28.4% |
7,912.7 |
5,355.3 |
47.8% |
|
Revenue load factor, % |
67.4% |
68.2% |
(0.8 p.p.) |
65.9% |
60.5% |
5.4 p.p. |
|
- international |
61.8% |
55.7% |
6.1 p.p. |
56.3% |
54.2% |
2.1 p.p. |
|
- domestic |
70.3% |
71.5% |
(1.2 p.p.) |
70.1% |
64.8% |
5.3 p.p. |
|
Revenue flights |
33,096 |
22,459 |
47.4% |
241,250 |
179,194 |
34.6% |
|
- international |
6,464 |
1,850 |
3.5х |
34,425 |
40,501 |
(15.0%) |
|
- domestic |
26,632 |
20,609 |
29.2% |
206,825 |
138,693 |
49.1% |
|
Flight hours |
86,615 |
54,369 |
59.3% |
606,282 |
470,601 |
28.8% |
Aeroflot Group Operating Results
Aeroflot Airlines
|
September 2021 |
September 2020 |
Change |
9M 2021 |
9M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
2,334.0 |
1,318.1 |
77.1% |
15,901.2 |
11,620.7 |
36.8% |
|
- international |
676.2 |
196.3 |
3.4х |
3,907.2 |
3,827.3 |
2.1% |
|
- domestic |
1,657.8 |
1,121.8 |
47.8% |
11,994.1 |
7,793.4 |
53.9% |
|
Revenue Passenger Kilometres, mn |
5,648.8 |
2,769.4 |
2.0х |
37,887.4 |
28,961.7 |
30.8% |
|
- international |
2,070.1 |
583.9 |
3.5х |
12,999.2 |
13,921.8 |
(6.6%) |
|
- domestic |
3,578.7 |
2,185.5 |
63.7% |
24,888.2 |
15,039.9 |
65.5% |
|
Available Seat Kilometres, mn |
7,442.7 |
3,580.7 |
2.1х |
50,307.1 |
43,307.9 |
16.2% |
|
- international |
2,989.2 |
783.4 |
3.8х |
18,781.0 |
20,751.7 |
(9.5%) |
|
- domestic |
4,453.4 |
2,797.3 |
59.2% |
31,526.1 |
22,556.2 |
39.8% |
|
Passenger load factor, % |
75.9% |
77.3% |
(1.4 p.p.) |
75.3% |
66.9% |
8.4 p.p. |
|
- international |
69.3% |
74.5% |
(5.3 p.p.) |
69.2% |
67.1% |
2.1 p.p. |
|
- domestic |
80.4% |
78.1% |
2.2 p.p. |
78.9% |
66.7% |
12.3 p.p. |
|
Revenue flights |
16,989 |
11,181 |
51.9% |
119,788 |
112,690 |
6.3% |
|
- international |
4,593 |
1,278 |
3.6х |
25,977 |
33,381 |
(22.2%) |
|
- domestic |
12,396 |
9,903 |
25.2% |
93,811 |
79,309 |
18.3% |
|
Flight hours |
47,815 |
26,352 |
81.4% |
323,859 |
299,202 |
8.2% |
Pobeda Airlines
|
September 2021 |
September 2020 |
Change |
9M 2021 |
9M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
1,351.6 |
1,137.4 |
18.8% |
10,757.3 |
6,312.2 |
70.4% |
|
- international |
110.1 |
50.8 |
2.2х |
453.6 |
525.9 |
(13.8%) |
|
- domestic |
1,241.5 |
1,086.7 |
14.2% |
10,303.7 |
5,786.3 |
78.1% |
|
Revenue Passenger Kilometres, mn |
2,299.4 |
1,933.5 |
18.9% |
17,837.2 |
10,924.5 |
63.3% |
|
- international |
278.3 |
125.2 |
2.2х |
1,138.5 |
1,190.6 |
(4.4%) |
|
- domestic |
2,021.1 |
1,808.3 |
11.8% |
16,698.8 |
9,733.9 |
71.6% |
|
Available Seat Kilometres, mn |
2,430.8 |
2,027.5 |
19.9% |
18,983.7 |
11,779.9 |
61.2% |
|
- international |
311.8 |
133.3 |
2.3х |
1,337.0 |
1,348.6 |
(0.9%) |
|
- domestic |
2,119.1 |
1,894.2 |
11.9% |
17,646.7 |
10,431.4 |
69.2% |
|
Passenger load factor, % |
94.6% |
95.4% |
(0.8 p.p.) |
94.0% |
92.7% |
1.2 p.p. |
|
- international |
89.3% |
93.9% |
(4.6 p.p.) |
85.2% |
88.3% |
(3.1 p.p.) |
|
- domestic |
95.4% |
95.5% |
(0.1 p.p.) |
94.6% |
93.3% |
1.3 p.p. |
|
Revenue flights |
7,558 |
6,315 |
19.7% |
60,630 |
35,992 |
68.5% |
|
- international |
652 |
286 |
2.3х |
2,820 |
3,168 |
(11.0%) |
|
- domestic |
6,906 |
6,029 |
1.1х |
57,810 |
32,824 |
76.1% |
|
Flight hours |
17,266 |
14,141 |
22.1% |
134,814 |
82,703 |
63.0% |
Rossiya Airlines
|
September 2021 |
September 2020 |
Change |
9M 2021 |
9M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
1,102.4 |
882.4 |
24.9% |
7,455.3 |
4,511.7 |
65.2% |
|
- international |
280.7 |
106.9 |
2.6х |
1,083.0 |
760.7 |
42.4% |
|
- domestic |
821.6 |
775.5 |
5.9% |
6,372.3 |
3,751.0 |
69.9% |
|
Revenue Passenger Kilometres, mn |
2,867.7 |
2,313.1 |
24.0% |
17,997.7 |
13,004.8 |
38.4% |
|
- international |
892.6 |
292.1 |
3.1х |
3,366.7 |
3,408.8 |
(1.2%) |
|
- domestic |
1,975.0 |
2,021.0 |
(2.3%) |
14,631.0 |
9,596.1 |
52.5% |
|
Available Seat Kilometres, mn |
3,396.0 |
2,734.2 |
24.2% |
21,567.4 |
16,495.3 |
30.7% |
|
- international |
954.1 |
314.9 |
3.0х |
3,783.0 |
3,956.0 |
(4.4%) |
|
- domestic |
2,442.0 |
2,419.3 |
0.9% |
17,784.4 |
12,539.3 |
41.8% |
|
Passenger load factor, % |
84.4% |
84.6% |
(0.2 p.p.) |
83.4% |
78.8% |
4.6 p.p. |
|
- international |
93.6% |
92.8% |
0.8 p.p. |
89.0% |
86.2% |
2.8 p.p. |
|
- domestic |
80.9% |
83.5% |
(2.7 p.p.) |
82.3% |
76.5% |
5.7 p.p. |
|
Revenue flights |
8,549 |
4,963 |
72.3% |
60,832 |
30,512 |
99.4% |
|
- international |
1,219 |
286 |
4.3х |
5,628 |
3,952 |
42.4% |
|
- domestic |
7,330 |
4,677 |
56.7% |
55,204 |
26,560 |
2.1х |
|
Flight hours |
21,534 |
13,876 |
55.2% |
147,609 |
88,696 |
66.4% |
Appendix 1.
Aeroflot Group Operating Results (including the results of Aurora Airlines in 2020)[4]
|
September 2021 |
September 2020 |
Change |
9M 2021 |
9M 2020 |
Change |
|||
|
Passengers carried, thousand PAX |
4,788.0 |
3,417.8 |
40.1% |
34,113.8 |
23,056.1 |
48.0% |
||
|
- international |
1,067.1 |
354.2 |
3.0х |
5,443.7 |
5,185.5 |
5.0% |
||
|
- domestic |
3,720.9 |
3,063.6 |
21.5% |
28,670.1 |
17,870.6 |
60.4% |
||
|
Revenue Passenger Kilometres, mn |
10,815.9 |
7,123.8 |
51.8% |
73,722.3 |
53,734.0 |
37.2% |
||
|
- international |
3,241.0 |
1,001.4 |
3.2х |
17,504.4 |
18,630.4 |
(6.0%) |
||
|
- domestic |
7,574.9 |
6,122.4 |
23.7% |
56,217.9 |
35,103.5 |
60.1% |
||
|
Available Seat Kilometres, mn |
13,269.5 |
8,527.9 |
55.6% |
90,858.2 |
73,194.5 |
24.1% |
||
|
- international |
4,255.0 |
1,232.8 |
3.5х |
23,901.0 |
26,270.9 |
(9.0%) |
||
|
- domestic |
9,014.5 |
7,295.1 |
23.6% |
66,957.3 |
46,923.6 |
42.7% |
||
|
Passenger load factor, % |
81.5% |
83.5% |
(2.0 p.p.) |
81.1% |
73.4% |
7.7 p.p. |
||
|
- international |
76.2% |
81.2% |
(5.1 p.p.) |
73.2% |
70.9% |
2.3 p.p. |
||
|
- domestic |
84.0% |
83.9% |
0.1 p.p. |
84.0% |
74.8% |
9.2 p.p. |
||
|
Cargo and mail carried, tonnes |
27,776.1 |
21,787.7 |
27.5% |
203,624.3 |
166,001.1 |
22.7% |
||
|
- international |
9,724.6 |
6,038.1 |
61.1% |
68,221.4 |
63,129.3 |
8.1% |
||
|
- domestic |
18,051.5 |
15,749.6 |
14.6% |
135,402.9 |
102,871.9 |
31.6% |
||
|
Revenue Cargo Tonne Kilometres, mn |
120.9 |
87.7 |
37.8% |
853.4 |
728.3 |
17.2% |
||
|
- international |
49.3 |
31.5 |
56.7% |
366.5 |
344.6 |
6.3% |
||
|
- domestic |
71.6 |
56.2 |
27.3% |
486.9 |
383.7 |
26.9% |
||
|
Revenue Tonne Kilometres, mn |
1,094.3 |
728.8 |
50.1% |
7,488.4 |
5,564.4 |
34.6% |
||
|
- international |
341.0 |
121.6 |
2.8х |
1,941.9 |
2,021.4 |
(3.9%) |
||
|
- domestic |
753.3 |
607.3 |
24.1% |
5,546.5 |
3,543.0 |
56.5% |
||
|
Available Tonne Kilometres, mn |
1,623.5 |
1,072.2 |
51.4% |
11,362.5 |
9,231.6 |
23.1% |
||
|
- international |
552.0 |
218.5 |
2.5х |
3,449.8 |
3,732.4 |
(7.6%) |
||
|
- domestic |
1,071.5 |
853.8 |
25.5% |
7,912.7 |
5,499.2 |
43.9% |
||
|
Revenue load factor, % |
67.4% |
68.0% |
(0.6 p.p.) |
65.9% |
60.3% |
5.6 p.p. |
||
|
- international |
61.8% |
55.7% |
6.1 p.p. |
56.3% |
54.2% |
2.1 p.p. |
||
|
- domestic |
70.3% |
71.1% |
(0.8 p.p.) |
70.1% |
64.4% |
5.7 p.p. |
||
|
Revenue flights |
33,096 |
23,904 |
38.5% |
241,250 |
191,834 |
25.8% |
||
|
- international |
6,464 |
1,858 |
3.5х |
34,425 |
41,683 |
(17.4%) |
||
|
- domestic |
26,632 |
22,046 |
20.8% |
206,825 |
150,151 |
37.7% |
||
|
Flight hours |
86,615 |
56,939.6 |
52.1% |
606,282 |
493,208.2 |
22.9% |
||
