Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for August and 8M 2021[1].
Key highlights of August 2021[2]:
- Aeroflot Group carried 5.5 million passengers, 50.3% up year-on-year and 10.9% down vs. 2019;
- 4.5 million passengers carried in domestic segment, 30.2% up year-on-year and 31.3% up vs. 2019;
- Group’s RPK increased by 58.7% year-on-year and decreased by 23.2% vs. 2019, ASK increased by 58.9% year-on-year and decreased by 19.8% vs. 2019;
- Aeroflot Group’s passenger load factor was 86.5%, a 0.1 percentage point decrease year-on-year;
- Aeroflot Group carried 25.5 thousand tonnes of cargo and mail, up 27.7% year-on-year;
- Pobeda Airlines carried 1.5 million passengers; passenger load factor was 95.8%.
August 2021 Operating Highlights compared to August 2020 and 2019
Aeroflot Group airlines: All flights
|
Aeroflot |
Pobeda |
Rossiya |
Total |
|
|
Passengers carried, thousand PAX |
2,719.9 |
1,511.5 |
1,315.4 |
5,546.8 |
|
Change vs. 2020, % |
86.2% |
25.7% |
28.1% |
50.3% |
|
Change vs. 2019, % |
(26.3%) |
47.2%, |
(12.9%) |
(10.9%) |
|
Available Seat Kilometres, million |
7,975.0 |
2,665.8 |
3,620.1 |
14,260.9 |
|
Change vs. 2020, % |
2.1х |
24.8% |
20.2% |
58.9% |
|
Change vs. 2019, % |
(29.7%) |
37.5%, |
(19.4%) |
(19.8%) |
|
Passenger load factor, % |
81.7% |
95.8% |
90.2% |
86.5% |
|
Change vs. 2020, % |
3.2 p.p. |
(0.1 p.p.) |
(0.2 p.p.) |
(0.1 p.p.) |
|
Change vs. 2019, % |
(6.1 p.p.) |
(0.9 p.p.) |
(3.6 p.p.) |
(3.8 p.p.) |
|
Cargo and mail carried, tonnes |
14,505.8 |
7,299.4 |
3,697.1 |
25,502.3 |
|
Change vs. 2020, % |
38.9% |
18.9% |
9.2% |
27.7% |
|
Change vs. 2019, % |
(21.0%) |
13.7%, |
(1.1%) |
(10.6%) |
|
|
|
|
|
|
Aeroflot Group airlines: Domestic flights
|
Aeroflot |
Pobeda |
Rossiya |
Total |
|
|
Passengers carried, thousand PAX |
2,005.4 |
1,434.1 |
1,054.5 |
4,493.9 |
|
Change vs. 2020, % |
50.2% |
22.1% |
11.7% |
30.2% |
|
Change vs. 2019, % |
14.3%, |
74.1% |
24.9% |
31.3% |
|
Available Seat Kilometres, million |
4,863.0 |
2,443.9 |
2,757.7 |
10,064.5 |
|
Change vs. 2020, % |
50.0% |
18.6% |
0.7% |
25.2% |
|
Change vs. 2019, % |
34.6% |
70.2% |
11.2% |
33.7% |
|
Passenger load factor, % |
88.2% |
96.3% |
89.8% |
90.6% |
|
Change vs. 2020, % |
7.2 p.p. |
0.3 p.p. |
(1.2 p.p.) |
2.3 p.p. |
|
Change vs. 2019, % |
(2.2 p.p.) |
(0.8 p.p.) |
(2.8 p.p.) |
(1.8 p.p.) |
|
Cargo and mail carried, tonnes |
7,953.4 |
6,546.1 |
3,666.5 |
18,165.9 |
|
Change vs. 2020, % |
15.2% |
12.3% |
9.3% |
12.9% |
|
Change vs. 2019, % |
24.9% |
52.5% |
7.0% |
29.0% |
|
|
|
|
|
|
Fleet update
In August 2021 Aeroflot Group added one Airbus А320N (Aeroflot Airlines) and three SSJ100
(Rossiya Airlines). Besides, Aeroflot Airlines transferred one SSJ100 to the fleet of Rossiya Airlines as part of intra-group redistribution. As of 31 August 2021, the fleet of Aeroflot Group consisted of 349 aircraft.
|
|
Net changes in the fleet |
Number of aircraft |
|
|
|
August 2021 |
8M 2021 |
as of 31.08.2021 |
|
Aeroflot Group |
+4 |
+7 |
349 |
|
Aeroflot Airlines |
– |
–39 |
202 |
|
Pobeda Airlines |
– |
+10 |
44 |
|
Rossiya Airlines |
+4 |
+36 |
103 |
Aeroflot Group Operating Results
(pro forma, excluding the results of Aurora Airlines in 2020)[3]
|
August 2021 |
August 2020 |
Change |
8M 2021 |
8M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
5,546.8 |
3,689.6 |
50.3% |
29,325.9 |
19,106.6 |
53.5% |
|
- international |
1,052.9 |
236.8 |
4.4х |
4,376.6 |
4,759.9 |
(8.1%) |
|
- domestic |
4,493.9 |
3,452.7 |
30.2% |
24,949.3 |
14,346.7 |
73.9% |
|
Revenue Passenger Kilometres, mn |
12,337.3 |
7,774.4 |
58.7% |
62,906.7 |
45,875.1 |
37.1% |
|
- international |
3,215.3 |
674.6 |
4.8х |
14,263.4 |
17,520.0 |
(18.6%) |
|
- domestic |
9,121.9 |
7,099.8 |
28.5% |
48,643.4 |
28,355.1 |
71.6% |
|
Available Seat Kilometres, mn |
14,260.9 |
8,973.1 |
58.9% |
77,588.7 |
63,240.8 |
22.7% |
|
- international |
4,196.4 |
932.5 |
4.5х |
19,645.9 |
24,824.6 |
(20.9%) |
|
- domestic |
10,064.5 |
8,040.6 |
25.2% |
57,942.8 |
38,416.2 |
50.8% |
|
Passenger load factor, % |
86.5% |
86.6% |
(0.1 p.p.) |
81.1% |
72.5% |
8.5 p.p. |
|
- international |
76.6% |
72.3% |
4.3 p.p. |
72.6% |
70.6% |
2.0 p.p. |
|
- domestic |
90.6% |
88.3% |
2.3 p.p. |
84.0% |
73.8% |
10.1 p.p. |
|
Cargo and mail carried, tonnes |
25,502.3 |
19,968.6 |
27.7% |
175,848.2 |
140,718.0 |
25.0% |
|
- international |
7,336.4 |
3,881.1 |
89.0% |
58,496.8 |
56,969.4 |
2.7% |
|
- domestic |
18,165.9 |
16,087.4 |
12.9% |
117,351.4 |
83,748.6 |
40.1% |
|
Revenue Cargo Tonne Kilometres, mn |
101.5 |
78.0 |
30.2% |
732.5 |
634.7 |
15.4% |
|
- international |
35.9 |
20.0 |
80.1% |
317.1 |
313.0 |
1.3% |
|
- domestic |
65.6 |
58.0 |
13.0% |
415.3 |
321.7 |
29.1% |
|
Revenue Tonne Kilometres, mn |
1,211.8 |
777.6 |
55.8% |
6,394.1 |
4,763.4 |
34.2% |
|
- international |
325.3 |
80.7 |
4.0х |
1,600.8 |
1,889.7 |
(15.3%) |
|
- domestic |
886.5 |
697.0 |
27.2% |
4,793.3 |
2,873.7 |
66.8% |
|
Available Tonne Kilometres, mn |
1,715.3 |
1,109.7 |
54.6% |
9,739.0 |
8,011.6 |
21.6% |
|
- international |
521.4 |
168.8 |
3.1х |
2,897.8 |
3,490.6 |
(17.0%) |
|
- domestic |
1,193.9 |
940.9 |
26.9% |
6,841.2 |
4,520.9 |
51.3% |
|
Revenue load factor, % |
70.6% |
70.1% |
0.6 p.p. |
65.7% |
59.5% |
6.2 p.p. |
|
- international |
62.4% |
47.8% |
14.6 p.p. |
55.2% |
54.1% |
1.1 p.p. |
|
- domestic |
74.3% |
74.1% |
0.2 p.p. |
70.1% |
63.6% |
6.5 p.p. |
|
Revenue flights |
35,753 |
24,162 |
48.0% |
208,154 |
156,735 |
32.8% |
|
- international |
6,071 |
1,309 |
4.6х |
27,961 |
38,651 |
(27.7%) |
|
- domestic |
29,682 |
22,853 |
29.9% |
180,193 |
118,084 |
52.6% |
|
Flight hours |
91,009 |
57,729 |
57.7% |
519,667 |
416,232 |
24.9% |
Aeroflot Group Operating Results
Aeroflot Airlines
|
August 2021 |
August 2020 |
Change |
8M 2021 |
8M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
2,719.9 |
1,460.5 |
86.2% |
13,567.2 |
10,302.6 |
31.7% |
|
- international |
714.5 |
125.8 |
5.7х |
3,230.9 |
3,630.9 |
(11.0%) |
|
- domestic |
2,005.4 |
1,334.7 |
50.2% |
10,336.3 |
6,671.6 |
54.9% |
|
Revenue Passenger Kilometres, mn |
6,517.0 |
3,003.3 |
2.2х |
32,238.6 |
26,192.3 |
23.1% |
|
- international |
2,226.6 |
376.1 |
5.9х |
10,929.1 |
13,337.9 |
(18.1%) |
|
- domestic |
4,290.4 |
2,627.2 |
63.3% |
21,309.5 |
12,854.4 |
65.8% |
|
Available Seat Kilometres, mn |
7,975.0 |
3,825.0 |
2.1х |
42,864.4 |
39,727.2 |
7.9% |
|
- international |
3,112.0 |
582.9 |
5.3х |
15,791.8 |
19,968.3 |
(20.9%) |
|
- domestic |
4,863.0 |
3,242.1 |
50.0% |
27,072.6 |
19,758.9 |
37.0% |
|
Passenger load factor, % |
81.7% |
78.5% |
3.2 p.p. |
75.2% |
65.9% |
9.3 p.p. |
|
- international |
71.5% |
64.5% |
7.0 p.p. |
69.2% |
66.8% |
2.4 p.p. |
|
- domestic |
88.2% |
81.0% |
7.2 p.p. |
78.7% |
65.1% |
13.7 p.p. |
|
Revenue flights |
17,931 |
12,038 |
49.0% |
102,799 |
101,509 |
1.3% |
|
- international |
4,474 |
869 |
5.1х |
21,384 |
32,103 |
(33.4%) |
|
- domestic |
13,457 |
11,169 |
20.5% |
81,415 |
69,406 |
17.3% |
|
Flight hours |
49,321 |
27,630 |
78.5% |
276,044 |
272,850 |
1.2% |
Pobeda Airlines
|
August 2021 |
August 2020 |
Change |
8M 2021 |
8M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
1,511.5 |
1,202.1 |
25.7% |
9,405.8 |
5,174.8 |
81.8% |
|
- international |
77.4 |
27.7 |
2.8х |
343.5 |
475.2 |
(27.7%) |
|
- domestic |
1,434.1 |
1,174.4 |
22.1% |
9,062.3 |
4,699.6 |
92.8% |
|
Revenue Passenger Kilometres, mn |
2,553.8 |
2,047.2 |
24.7% |
15,538.1 |
8,991.0 |
72.8% |
|
- international |
199.5 |
67.2 |
3.0х |
860.2 |
1,065.4 |
(19.3%) |
|
- domestic |
2,354.2 |
1,980.1 |
18.9% |
14,678.0 |
7,925.6 |
85.2% |
|
Available Seat Kilometres, mn |
2,665.8 |
2,135.5 |
24.8% |
16,553.0 |
9,752.4 |
69.7% |
|
- international |
221.9 |
74.3 |
3.0х |
1,025.2 |
1,215.2 |
(15.6%) |
|
- domestic |
2,443.9 |
2,061.2 |
18.6% |
15,527.7 |
8,537.2 |
81.9% |
|
Passenger load factor, % |
95.8% |
95.9% |
(0.1 p.p.) |
93.9% |
92.2% |
1.7 p.p. |
|
- international |
89.9% |
90.4% |
(0.5 p.p.) |
83.9% |
87.7% |
(3.8 p.p.) |
|
- domestic |
96.3% |
96.1% |
0.3 p.p. |
94.5% |
92.8% |
1.7 p.p. |
|
Revenue flights |
8,356 |
6,630 |
26.0% |
53,072 |
29,677 |
78.8% |
|
- international |
454 |
162 |
2.8х |
2,168 |
2,882 |
(24.8%) |
|
- domestic |
7,902 |
6,468 |
1.2х |
50,904 |
26,795 |
90.0% |
|
Flight hours |
18,738 |
14,782 |
26.8% |
117,549 |
68,562 |
71.4% |
Rossiya Airlines
|
August 2021 |
August 2020 |
Change |
8M 2021 |
8M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
1,315.4 |
1,027.0 |
28.1% |
6,352.9 |
3,629.3 |
75.0% |
|
- international |
260.9 |
83.4 |
3.1х |
802.2 |
653.8 |
22.7% |
|
- domestic |
1,054.5 |
943.6 |
11.7% |
5,550.7 |
2,975.5 |
86.5% |
|
Revenue Passenger Kilometres, mn |
3,266.5 |
2,723.9 |
19.9% |
15,130.1 |
10,691.7 |
41.5% |
|
- international |
789.2 |
231.4 |
3.4х |
2,474.1 |
3,116.6 |
(20.6%) |
|
- domestic |
2,477.3 |
2,492.5 |
(0.6%) |
12,656.0 |
7,575.1 |
67.1% |
|
Available Seat Kilometres, mn |
3,620.1 |
3,012.6 |
20.2% |
18,171.3 |
13,761.1 |
32.0% |
|
- international |
862.4 |
275.4 |
3.1х |
2,828.9 |
3,641.0 |
(22.3%) |
|
- domestic |
2,757.7 |
2,737.2 |
0.7% |
15,342.5 |
10,120.1 |
51.6% |
|
Passenger load factor, % |
90.2% |
90.4% |
(0.2 p.p.) |
83.3% |
77.7% |
5.6 p.p. |
|
- international |
91.5% |
84.0% |
7.5 p.p. |
87.5% |
85.6% |
1.9 p.p. |
|
- domestic |
89.8% |
91.1% |
(1.2 p.p.) |
82.5% |
74.9% |
7.6 p.p. |
|
Revenue flights |
9,466 |
5,494 |
72.3% |
52,283 |
25,549 |
2.0х |
|
- international |
1,143 |
278 |
4.1х |
4,409 |
3,666 |
20.3% |
|
- domestic |
8,323 |
5,216 |
59.6% |
47,874 |
21,883 |
2.2х |
|
Flight hours |
22,950 |
15,317 |
49.8% |
126,075 |
74,820 |
68.5% |
Appendix 1.
Aeroflot Group Operating Results (including the results of Aurora Airlines in 2020)[4]
|
August 2021 |
August 2020 |
Change |
8M 2021 |
8M 2020 |
Change |
|
|
Passengers carried, thousand PAX |
5,546.8 |
3,791.3 |
46.3% |
29,325.9 |
19,638.3 |
49.3% |
|
- international |
1,052.9 |
236.9 |
4.4х |
4,376.6 |
4,831.2 |
(9.4%) |
|
- domestic |
4,493.9 |
3,554.3 |
26.4% |
24,949.3 |
14,807.0 |
68.5% |
|
Revenue Passenger Kilometres, mn |
12,337.3 |
7,921.2 |
55.7% |
62,906.7 |
46,610.2 |
35.0% |
|
- international |
3,215.3 |
674.7 |
4.8х |
14,263.4 |
17,629.1 |
(19.1%) |
|
- domestic |
9,121.9 |
7,246.5 |
25.9% |
48,643.4 |
28,981.1 |
67.8% |
|
Available Seat Kilometres, mn |
14,260.9 |
9,209.7 |
54.8% |
77,588.7 |
64,666.4 |
20.0% |
|
- international |
4,196.4 |
933.4 |
4.5х |
19,645.9 |
25,037.9 |
(21.5%) |
|
- domestic |
10,064.5 |
8,276.4 |
21.6% |
57,942.8 |
39,628.5 |
46.2% |
|
Passenger load factor, % |
86.5% |
86.0% |
0.5 p.p. |
81.1% |
72.1% |
9.0 p.p. |
|
- international |
76.6% |
72.3% |
4.3 p.p. |
72.6% |
70.4% |
2.2 p.p. |
|
- domestic |
90.6% |
87.6% |
3.1 p.p. |
84.0% |
73.1% |
10.8 p.p. |
|
Cargo and mail carried, tonnes |
25,502.3 |
20,462.5 |
24.6% |
175,848.2 |
144,213.5 |
21.9% |
|
- international |
7,336.4 |
3,881.1 |
89.0% |
58,496.8 |
57,091.1 |
2.5% |
|
- domestic |
18,165.9 |
16,581.3 |
9.6% |
117,351.4 |
87,122.3 |
34.7% |
|
Revenue Cargo Tonne Kilometres, mn |
101.5 |
78.9 |
28.6% |
732.5 |
640.6 |
14.3% |
|
- international |
35.9 |
20.0 |
80.1% |
317.1 |
313.1 |
1.3% |
|
- domestic |
65.6 |
58.9 |
11.2% |
415.3 |
327.5 |
26.8% |
|
Revenue Tonne Kilometres, mn |
1,211.8 |
791.8 |
53.0% |
6,394.1 |
4,835.5 |
32.2% |
|
- international |
325.3 |
80.7 |
4.0х |
1,600.8 |
1,899.8 |
(15.7%) |
|
- domestic |
886.5 |
711.1 |
24.7% |
4,793.3 |
2,935.8 |
63.3% |
|
Available Tonne Kilometres, mn |
1,715.3 |
1,133.8 |
51.3% |
9,739.0 |
8,159.4 |
19.4% |
|
- international |
521.4 |
168.9 |
3.1х |
2,897.8 |
3,513.9 |
(17.5%) |
|
- domestic |
1,193.9 |
964.8 |
23.7% |
6,841.2 |
4,645.5 |
47.3% |
|
Revenue load factor, % |
70.6% |
69.8% |
0.8 p.p. |
65.7% |
59.3% |
6.4 p.p. |
|
- international |
62.4% |
47.8% |
14.6 p.p. |
55.2% |
54.1% |
1.2 p.p. |
|
- domestic |
74.3% |
73.7% |
0.6 p.p. |
70.1% |
63.2% |
6.9 p.p. |
|
Revenue flights |
35,753 |
25,793 |
38.6% |
208,154 |
167,929 |
24.0% |
|
- international |
6,071 |
1,315 |
4.6х |
27,961 |
39,824 |
(29.8%) |
|
- domestic |
29,682 |
24,478 |
21.3% |
180,193 |
128,105 |
40.7% |
|
Flight hours |
91,009 |
60,816.7 |
49.6% |
519,667 |
436,266.9 |
19.1% |