Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for May and 5M 2021.
Key highlights of May 2021:
- Aeroflot Group carried 3.6 million passengers, 12.8x up year-on-year and 25.8% down vs. 2019;
- 3.1 million passengers carried in domestic segment, 11.6x up year-on-year and 17.6% up vs. 2019;
- Group’s RPK increased by 10.8x year-on-year and decreased by 39.0% vs. 2019, ASK increased by 6.6x year-on-year and decreased by 37.9% vs. 2019;
- Aeroflot Group’s passenger load factor was 75.8%, a 29.9 percentage point increase year-on-year;
- Pobeda Airlines carried 1.2 million passengers, passenger load factor was 93.8%.
May 2021 Operating Highlights compared to May 2020 and 2019
Aeroflot Group airlines: All flights
|
Aeroflot |
Pobeda |
Rossiya |
Total |
|
|
Passengers carried, thousand PAX |
1,612.2 |
1,237.4 |
742.2 |
3,591.8 |
|
Change vs. 2020, % |
7.8х |
- |
10.0х |
12.8х |
|
Change vs. 2019, % |
(46.0%) |
43.7% |
(25.7%) |
(25.8%) |
|
Available Seat Kilometres, mn |
5,636.1 |
2,096.4 |
2,253.3 |
9,985.8 |
|
Change vs. 2020, % |
4.9х |
- |
6.0х |
6.6х |
|
Change vs. 2019, % |
(48.5%) |
26.6% |
(35.1%) |
(37.9%) |
|
Passenger load factor, % |
68.8% |
93.8% |
76.6% |
75.8% |
|
Change vs. 2020, % |
24.7 p.p. |
- |
25.1 p.p. |
29.9 p.p. |
|
Change vs. 2019, % |
(5.4 p.p.) |
2.5 p.p. |
(3.3 p.p.) |
(1.4 p.p.) |
|
Cargo and mail carried, tonnes |
12,392.6 |
5,005.3 |
3,486.1 |
20,884.1 |
|
Change vs. 2020, % |
1.2х |
- |
2.5х |
1.8х |
|
Change vs. 2019, % |
(28.4%) |
18.6% |
33.2% |
(13.5%) |
|
|
|
|
|
|
Aeroflot Group airlines: Domestic flights
|
Aeroflot |
Pobeda |
Rossiya |
Total |
|
|
Passengers carried, thousand PAX |
1,212.2 |
1,228.7 |
649.9 |
3,090.8 |
|
Change vs. 2020, % |
6.3х |
- |
9.1х |
11.6х |
|
Change vs. 2019, % |
(14.4%) |
86.3% |
17.5% |
17.6% |
|
Available Seat Kilometres, mn |
3,573.6 |
2,070.2 |
1,911.1 |
7,554.9 |
|
Change vs. 2020, % |
3.5х |
- |
5.5х |
5.5х |
|
Change vs. 2019, % |
8.1% |
79.9% |
2.1% |
19.4% |
|
Passenger load factor, % |
68.9% |
94.0% |
74.5% |
77.2% |
|
Change vs. 2020, % |
25.6 p.p. |
- |
27.0 p.p. |
32.8 p.p. |
|
Change vs. 2019, % |
(10.0 p.p.) |
0.5 p.p. |
(1.7 p.p.) |
(3.6 p.p.) |
|
Cargo and mail carried, tonnes |
6,835.5 |
4,892.5 |
2,850.4 |
14,578.5 |
|
Change vs. 2020, % |
1.4х |
- |
2.8х |
2.4х |
|
Change vs. 2019, % |
35.1% |
95.2% |
17.9% |
46.0% |
|
|
|
|
|
|
Fleet update
In May 2021 Aeroflot Airlines added two Airbus A350-900, three Airbus А320 and two Airbus А321.
One Airbus A320 was phased-out. Aeroflot Airlines transferred four Boeing 737-800 to the fleet of Pobeda Airlines and five SSJ100s to the fleet of Rossiya Airlines as part of intra-group redistribution.
As of 31 May 2021, the fleet of Aeroflot Group consisted of 340 aircraft.
|
|
Net changes in the fleet |
Number of aircraft |
|
|
|
May 2021 |
5M 2021 |
as of 31.05.2021 |
|
Aeroflot Group |
+6 |
–2 |
340 |
|
Aeroflot Airlines |
–3 |
–29 |
212 |
|
Pobeda Airlines |
+4 |
+7 |
41 |
|
Rossiya Airlines |
+5 |
+20 |
87 |
Aeroflot Group Operating Results
(pro forma, excluding the results of Aurora Airlines in 2020)[3]
|
May 2021 |
May 2020 |
Change |
5M 2021 |
5M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
3,591.8 |
281.7 |
12.8х |
13,981.9 |
11,406.8 |
22.6% |
|
- international |
501.1 |
15.6 |
32.2х |
1,823.2 |
4,469.7 |
(59.2%) |
|
- domestic |
3,090.8 |
266.1 |
11.6х |
12,158.7 |
6,937.2 |
75.3% |
|
Revenue Passenger Kilometres, mn |
7,571.9 |
700.3 |
10.8х |
29,093.7 |
29,882.9 |
(2.6%) |
|
- international |
1,741.1 |
89.9 |
19.4х |
6,240.7 |
16,619.9 |
(62.5%) |
|
- domestic |
5,830.8 |
610.4 |
9.6х |
22,852.9 |
13,263.0 |
72.3% |
|
Available Seat Kilometres, mn |
9,985.8 |
1,523.6 |
6.6х |
37,074.9 |
43,105.8 |
(14.0%) |
|
- international |
2,430.9 |
147.2 |
16.5х |
8,816.9 |
23,447.2 |
(62.4%) |
|
- domestic |
7,554.9 |
1,376.4 |
5.5х |
28,258.0 |
19,658.6 |
43.7% |
|
Passenger load factor, % |
75.8% |
46.0% |
29.9 p.p. |
78.5% |
69.3% |
9.1 p.p. |
|
- international |
71.6% |
61.0% |
10.6 p.p. |
70.8% |
70.9% |
(0.1 p.p.) |
|
- domestic |
77.2% |
44.3% |
32.8 p.p. |
80.9% |
67.5% |
13.4 p.p. |
|
Cargo and mail carried, tonnes |
20,884.1 |
11,544.2 |
1.8х |
104,907.5 |
91,046.5 |
15.2% |
|
- international |
6,305.6 |
5,562.8 |
1.1х |
39,042.2 |
47,313.0 |
(17.5%) |
|
- domestic |
14,578.5 |
5,981.4 |
2.4х |
65,865.3 |
43,733.5 |
50.6% |
|
Revenue Cargo Tonne Kilometres, mn |
85.6 |
76.0 |
1.1х |
458.2 |
427.5 |
7.2% |
|
- international |
33.1 |
47.8 |
69.4 % |
222.9 |
257.4 |
(13.4%) |
|
- domestic |
52.5 |
28.2 |
1.9х |
235.3 |
170.2 |
38.3% |
|
Revenue Tonne Kilometres, mn |
767.1 |
139.0 |
5.5х |
3,076.6 |
3,117.0 |
(1.3%) |
|
- international |
189.8 |
55.9 |
3.4х |
784.6 |
1,753.2 |
(55.2%) |
|
- domestic |
577.3 |
83.1 |
6.9х |
2,292.1 |
1,363.8 |
68.1% |
|
Available Tonne Kilometres, mn |
1,237.0 |
373.1 |
3.3х |
4,854.0 |
5,471.0 |
(11.3%) |
|
- international |
347.2 |
202.6 |
1.7х |
1,543.2 |
3,154.2 |
(51.1%) |
|
- domestic |
889.8 |
170.5 |
5.2х |
3,310.8 |
2,316.8 |
42.9% |
|
Revenue load factor, % |
62.0% |
37.3% |
24.8 p.p. |
63.4% |
57.0% |
6.4 p.p. |
|
- international |
54.7% |
27.6% |
27.1 p.p. |
50.8% |
55.6% |
(4.7 p.p.) |
|
- domestic |
64.9% |
48.8% |
16.1 p.p. |
69.2% |
58.9% |
10.4 p.p. |
|
Revenue flights |
27,148 |
4,644 |
5.8х |
105,188 |
101,573 |
3.6% |
|
- international |
3,071 |
672 |
4.6х |
12,769 |
36,588 |
(65.1%) |
|
- domestic |
24,077 |
3,972 |
6.1х |
92,419 |
64,985 |
42.2% |
|
Flight hours |
65,950 |
14,049 |
4.7х |
260,475 |
283,829 |
(8.2%) |
Aeroflot Group Operating Results
Aeroflot Airlines
|
May 2021 |
May 2020 |
Change |
5M 2021 |
5M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
1,612.2 |
206.3 |
7.8х |
6,253.8 |
7,284.4 |
(14.1%) |
|
- international |
400.0 |
12.4 |
32.4х |
1,396.9 |
3,456.3 |
(59.6%) |
|
- domestic |
1,212.2 |
193.9 |
6.3х |
4,856.8 |
3,828.0 |
26.9% |
|
Revenue Passenger Kilometres, mn |
3,879.7 |
507.4 |
7.6х |
14,742.6 |
20,011.0 |
(26.3%) |
|
- international |
1,418.0 |
61.8 |
22.9х |
5,035.0 |
12,766.6 |
(60.6%) |
|
- domestic |
2,461.6 |
445.6 |
5.5х |
9,707.5 |
7,244.3 |
34.0% |
|
Available Seat Kilometres, mn |
5,636.1 |
1,149.6 |
4.9х |
20,410.4 |
30,991.6 |
(34.1%) |
|
- international |
2,062.5 |
119.2 |
17.3х |
7,397.7 |
18,970.8 |
(61.0%) |
|
- domestic |
3,573.6 |
1,030.4 |
3.5х |
13,012.7 |
12,020.8 |
8.3% |
|
Passenger load factor, % |
68.8% |
44.1% |
24.7 p.p. |
72.2% |
64.6% |
7.7 п.п. |
|
- international |
68.8% |
51.9% |
16.9 p.p. |
68.1% |
67.3% |
0.8 п.п. |
|
- domestic |
68.9% |
43.2% |
25.6 p.p. |
74.6% |
60.3% |
14.3 п.п. |
|
Revenue flights |
13,314 |
3,736 |
3.6х |
51,645 |
73,482 |
(29.7%) |
|
- international |
2,446 |
627 |
3.9х |
9,804 |
30,516 |
(67.9%) |
|
- domestic |
10,868 |
3,109 |
3.5х |
41,841 |
42,966 |
(2.6%) |
|
Flight hours |
34,633 |
11,182 |
3.1х |
136,689 |
208,244 |
(34.4%) |
Pobeda Airlines
|
May 2021 |
May 2020 |
Change |
5M 2021 |
5M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
1,237.4 |
1.0 |
- |
5,004.3 |
2,494.6 |
2.0х |
|
- international |
8.8 |
- |
- |
208.7 |
447.4 |
(53.4%) |
|
- domestic |
1,228.7 |
1.0 |
- |
4,795.6 |
2,047.2 |
2.3х |
|
Revenue Passenger Kilometres, mn |
1,967.3 |
1.2 |
- |
8,210.4 |
4,486.3 |
83.0% |
|
- international |
21.9 |
- |
- |
514.5 |
998.2 |
(48.5%) |
|
- domestic |
1,945.5 |
1.2 |
- |
7,695.9 |
3,488.0 |
2.2х |
|
Available Seat Kilometres, mn |
2,096.4 |
1.3 |
- |
8,857.4 |
4,928.8 |
79.7% |
|
- international |
26.2 |
- |
- |
618.1 |
1,141.0 |
(45.8%) |
|
- domestic |
2,070.2 |
1.3 |
- |
8,239.3 |
3,787.9 |
2.2х |
|
Passenger load factor, % |
93.8% |
89.9% |
- |
92.7% |
91.0% |
1.7 p.p. |
|
- international |
83.4% |
- |
- |
83.2% |
87.5% |
(4.3 p.p.) |
|
- domestic |
94.0% |
89.9% |
- |
93.4% |
92.1% |
1.3 p.p. |
|
Revenue flights |
6,999 |
6 |
- |
28,598 |
14,541 |
96.7% |
|
- international |
56 |
- |
- |
1,332 |
2,720 |
(51.0%) |
|
- domestic |
6,943 |
6 |
- |
27,266 |
11,821 |
2.3х |
|
Flight hours |
14,928 |
9 |
- |
63,529 |
35,162 |
80.7% |
Rossiya Airlines
|
May 2021 |
May 2020 |
Change |
5M 2021 |
5M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
742.2 |
74.4 |
10.0х |
2,723.8 |
1,627.8 |
67.3% |
|
- international |
92.3 |
3.2 |
28.7х |
217.5 |
565.9 |
(61.6%) |
|
- domestic |
649.9 |
71.1 |
9.1х |
2,506.3 |
1,061.9 |
2.4х |
|
Revenue Passenger Kilometres, mn |
1,724.9 |
191.7 |
9.0х |
6,140.7 |
5,385.6 |
14.0% |
|
- international |
301.2 |
28.1 |
10.7х |
691.2 |
2,855.0 |
(75.8%) |
|
- domestic |
1,423.7 |
163.6 |
8.7х |
5,449.6 |
2,530.6 |
2.2х |
|
Available Seat Kilometres, mn |
2,253.3 |
372.7 |
6.0х |
7,807.2 |
7,185.3 |
8.7% |
|
- international |
342.2 |
28.1 |
12.2х |
801.2 |
3,335.4 |
(76.0%) |
|
- domestic |
1,911.1 |
344.7 |
5.5х |
7,006.0 |
3,849.9 |
82.0% |
|
Passenger load factor, % |
76.6% |
51.4% |
25.1 p.p. |
78.7% |
75.0% |
3.7 p.p. |
|
- international |
88.0% |
100.0% |
(12.0 p.p.) |
86.3% |
85.6% |
0.7 p.p. |
|
- domestic |
74.5% |
47.5% |
27.0 p.p. |
77.8% |
65.7% |
12.1 p.p. |
|
Revenue flights |
6,835 |
902 |
7.6х |
24,945 |
13,550 |
84.1% |
|
- international |
569 |
45 |
12.6х |
1,633 |
3,352 |
(51.3%) |
|
- domestic |
6,266 |
857 |
7.3х |
23,312 |
10,198 |
2.3х |
|
Flight hours |
16,389 |
2,857 |
5.7х |
60,257 |
40,423 |
49.1% |
Appendix 1.
Aeroflot Group Operating Results (including the results of Aurora Airlines in 2020)[4]
|
May 2021 |
May 2020 |
Change |
5M 2021 |
5M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
3,591.8 |
305.6 |
11.8х |
13,981.9 |
11,730.5 |
19.2% |
|
- international |
501.1 |
15.6 |
32.0х |
1,823.2 |
4,540.0 |
(59.8%) |
|
- domestic |
3,090.8 |
290.0 |
10.7х |
12,158.7 |
7,190.5 |
69.1% |
|
Revenue Passenger Kilometres, mn |
7,571.9 |
730.3 |
10.4х |
29,093.7 |
30,326.8 |
(4.1%) |
|
- international |
1,741.1 |
90.0 |
19.3х |
6,240.7 |
16,727.1 |
(62.7%) |
|
- domestic |
5,830.8 |
640.3 |
9.1х |
22,852.9 |
13,599.7 |
68.0% |
|
Available Seat Kilometres, mn |
9,985.8 |
1,608.1 |
6.2х |
37,074.9 |
43,979.5 |
(15.7%) |
|
- international |
2,430.9 |
148.9 |
16.3х |
8,816.9 |
23,653.1 |
(62.7%) |
|
- domestic |
7,554.9 |
1,459.1 |
5.2х |
28,258.0 |
20,326.4 |
39.0% |
|
Passenger load factor, % |
75.8% |
45.4% |
30.4 p.p. |
78.5% |
69.0% |
9.5 p.p. |
|
- international |
71.6% |
60.4% |
11.2 p.p. |
70.8% |
70.7% |
0.1 p.p. |
|
- domestic |
77.2% |
43.9% |
33.3 p.p. |
80.9% |
66.9% |
14.0 p.p. |
|
Cargo and mail carried, tonnes |
20,884.1 |
11,857.9 |
1.8х |
104,907.5 |
93,112.9 |
12.7% |
|
- international |
6,305.6 |
5,562.8 |
1.1х |
39,042.2 |
47,433.7 |
(17.7%) |
|
- domestic |
14,578.5 |
6,295.1 |
2.3х |
65,865.3 |
45,679.2 |
44.2% |
|
Revenue Cargo Tonne Kilometres, mn |
85.6 |
76.5 |
1.1х |
458.2 |
431.0 |
6.3% |
|
- international |
33.1 |
47.8 |
69.4 % |
222.9 |
257.6 |
(13.4%) |
|
- domestic |
52.5 |
28.7 |
1.8х |
235.3 |
173.4 |
35.7% |
|
Revenue Tonne Kilometres, mn |
767.1 |
142.2 |
5.4х |
3,076.6 |
3,160.4 |
(2.6%) |
|
- international |
189.8 |
55.9 |
3.4х |
784.6 |
1,763.0 |
(55.5%) |
|
- domestic |
577.3 |
86.3 |
6.7х |
2,292.1 |
1,397.4 |
64.0% |
|
Available Tonne Kilometres, mn |
1,237.0 |
381.5 |
3.2х |
4,854.0 |
5,562.4 |
(12.7%) |
|
- international |
347.2 |
202.8 |
1.7х |
1,543.2 |
3,176.7 |
(51.4%) |
|
- domestic |
889.8 |
178.8 |
5.0х |
3,310.8 |
2,385.7 |
38.8% |
|
Revenue load factor, % |
62.0% |
37.3% |
24.7 p.p. |
63.4% |
56.8% |
6.6 p.p. |
|
- international |
54.7% |
27.5% |
27.1 p.p. |
50.8% |
55.5% |
(4.7 p.p.) |
|
- domestic |
64.9% |
48.3% |
16.6 p.p. |
69.2% |
58.6% |
10.7 p.p. |
|
Revenue flights |
27,148 |
5,567 |
4.9х |
105,188 |
108,540 |
(3.1%) |
|
- international |
3,071 |
680 |
4.5х |
12,769 |
37,729 |
(66.2%) |
|
- domestic |
24,077 |
4,887 |
4.9х |
92,419 |
70,811 |
30.5% |
|
Flight hours |
65,950 |
15,569 |
4.2х |
260,475 |
296,168 |
(12.1%) |