Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for December and 12M 2024[1].
December 2024 Key Highlights
- Aeroflot Group carried 4.0 million passengers, 7.4% up vs. December 2023.
- In domestic segment 3.0 million passengers were carried, 6.4% up vs. December 2023.
- In international segment 1.0 million passengers were carried, 10.7% up vs. the same period of 2023.
- Group’s RPK increased by 9.3%, ASK increased by 7.1% year-on-year.
- Passenger load factor amounted to 85.9%, up by 1.7 p.p. year-on-year, in domestic and international segment – 90.1% and 80.5% respectively.
- Aeroflot Airlines carried 2.2 million passengers, 5.6% up vs. the same period of 2023. Aeroflot’s RPK increased by 13.2% year-on-year.
|
4.0 million passengers carried |
9.3% RPK growth |
85.9% passenger load factor |
12M 2024 Key Highlights
- Aeroflot Group carried 55.3 million passengers, 16.8% up vs. the same period of 2023.
- In domestic segment Aeroflot Group carried 42.6 million passengers, 12.8% up vs. 12M 2023.
- In international segment 12.7 million passengers were carried, 32.7% up vs. the same period of 2023.
- Group’s RPK increased by 20.8%, ASK increased by 18.0% year-on-year.
- Passenger load factor amounted to 89.6%, up by 2.1 p.p. year-on-year.
- Aeroflot Airlines carried 30.1 million passengers, 19.3% up vs. 12M 2023. Aeroflot’s RPK increased
by 24.9% year-on-year.
|
55.3% passengers carried |
20.8% RPK growth |
89.6% passenger load factor |
Aeroflot Group Operating Results
|
December 2024 |
December 2023 |
Change |
12M 2024 |
12M 2023 |
Change |
|
|
Passengers carried, thousand PAX |
4,008.5 |
3,730.9 |
7.4% |
55,289.1 |
47,330.8 |
16.8% |
|
- international |
985.1 |
890.2 |
10.7% |
12,725.6 |
9,587.8 |
32.7% |
|
- domestic |
3,023.4 |
2,840.8 |
6.4% |
42,563.5 |
37,743.0 |
12.8% |
|
Revenue Passenger Kilometres, mn |
11,138.0 |
10,189.2 |
9.3% |
149,073.4 |
123,391.3 |
20.8% |
|
- international |
4,597.6 |
3,943.9 |
16.6% |
53,728.0 |
38,336.5 |
40.1% |
|
- domestic |
6,540.5 |
6,245.3 |
4.7% |
95,345.4 |
85,054.8 |
12.1% |
|
Available Seat Kilometres, mn |
12,968.1 |
12,102.8 |
7.1% |
166,332.3 |
141,007.7 |
18.0% |
|
- international |
5,711.3 |
4,991.1 |
14.4% |
62,509.2 |
46,507.4 |
34.4% |
|
- domestic |
7,256.8 |
7,111.7 |
2.0% |
103,823.2 |
94,500.3 |
9.9% |
|
Passenger load factor, % |
85.9% |
84.2% |
1.7 p.p. |
89.6% |
87.5% |
2.1 p.p. |
|
- international |
80.5% |
79.0% |
1.5 p.p. |
86.0% |
82.4% |
3.5 p.p. |
|
- domestic |
90.1% |
87.8% |
2.3 p.p. |
91.8% |
90.0% |
1.8 p.p. |
|
Cargo and mail carried, tonnes |
23,991.2 |
23,534.8 |
1.9% |
256,064.3 |
223,617.6 |
14.5% |
|
- international |
8,180.5 |
7,632.4 |
7.2% |
80,710.6 |
61,145.0 |
32 .0% |
|
- domestic |
15,810.7 |
15,902.4 |
-0.6% |
175,353.7 |
162,472.6 |
7.9% |
|
Revenue Cargo Tonne Kilometres, mn |
112.0 |
106.8 |
4.8% |
1,167.7 |
989.4 |
18.0% |
|
- international |
47.1 |
41.0 |
14.9% |
429.7 |
304.0 |
41.3% |
|
- domestic |
64.9 |
65.8 |
-1.5% |
738.0 |
685.4 |
7.7% |
|
Revenue Tonne Kilometres, mn |
1,114.4 |
1,023.9 |
8.8% |
14,584.3 |
12,094.6 |
20.6% |
|
- international |
460.9 |
396.0 |
16.4% |
5,265.2 |
3,754.2 |
40.2% |
|
- domestic |
653.5 |
627.9 |
4.1% |
9,319.1 |
8,340.3 |
11.7% |
|
Available Tonne Kilometres, mn |
1,556.2 |
1,446.4 |
7.6% |
19,877.9 |
16,792.0 |
18.4% |
|
- international |
716.7 |
623.9 |
14.9% |
7,700.2 |
5,756.8 |
33.8% |
|
- domestic |
839.5 |
822.5 |
2.1% |
12,177.7 |
11,035.2 |
10.4% |
|
Revenue load factor, % |
71.6% |
70.8% |
0.8 p.p. |
73.4% |
72.0% |
1.3 p.p. |
|
- international |
64.3% |
63.5% |
0.8 p.p. |
68.4% |
65.2% |
3.2 p.p. |
|
- domestic |
77.8% |
76.3% |
1.5 p.p. |
76.5% |
75.6% |
0.9 p.p. |
|
Revenue flights |
26,897 |
24,921 |
7.9% |
360,471 |
313,998 |
14.8% |
|
- international |
5,774 |
5,343 |
8.1% |
73,364 |
59,382 |
23.5% |
|
- domestic |
21,123 |
19,578 |
7.9% |
287,107 |
254,616 |
12.8% |
|
Flight hours |
78,943 |
74,179 |
6.4% |
1,028,238 |
893,694 |
15.1% |
Aeroflot Airlines Operating Results
|
December 2024 |
December 2023 |
Change |
12M 2024 |
12M 2023 |
Change |
|
|
Passengers carried, thousand PAX |
2,170.5 |
2,054.5 |
5.6% |
30,080.0 |
25,207.5 |
19.3% |
|
- international |
713.6 |
630.8 |
13.1% |
8,943.6 |
7,113.0 |
25.7% |
|
- domestic |
1,457.0 |
1,423.7 |
2.3% |
21,136.5 |
18,094.4 |
16.8% |
|
Revenue Passenger Kilometres, mn |
7,231.9 |
6,388.7 |
13.2% |
94,285.0 |
75,498.9 |
24.9% |
|
- international |
3,594.6 |
3,021.2 |
19.0% |
40,839.5 |
30,500.4 |
33.9% |
|
- domestic |
3,637.3 |
3,367.5 |
8.0% |
53,445.5 |
44,998.5 |
18.8% |
|
Available Seat Kilometres, mn |
8,579.9 |
7,768.9 |
10.4% |
106,758.1 |
88,100.1 |
21.2% |
|
- international |
4,565.4 |
3,910.6 |
16.7% |
48,319.9 |
37,623.0 |
28.4% |
|
- domestic |
4,014.5 |
3,858.3 |
4.0% |
58,438.2 |
50,477.1 |
15.8% |
|
Passenger load factor, % |
84.3% |
82.2% |
2.1 p.p. |
88.3% |
85.7% |
2.6 p.p. |
|
- international |
78.7% |
77.3% |
1.5 p.p. |
84.5% |
81.1% |
3.5 p.p. |
|
- domestic |
90.6% |
87.3% |
3.3 p.p. |
91.5% |
89.1% |
2.3 p.p. |
|
Cargo and mail carried, tonnes |
15,792.9 |
15,711.1 |
0.5% |
162,329.5 |
137,983.2 |
17.6% |
|
- international |
6,788.4 |
6,435.2 |
5.5% |
64,456.3 |
49,919.8 |
29.1% |
|
- domestic |
9,004.5 |
9,275.9 |
-2.9% |
97,873.2 |
88,063.5 |
11.1% |
|
Revenue Cargo Tonne Kilometres, mn |
83.9 |
80.5 |
4.3% |
851.2 |
705.7 |
20.6% |
|
- international |
42.3 |
36.9 |
14.5% |
373.4 |
266.5 |
40.1% |
|
- domestic |
41.7 |
43.6 |
-4.3% |
477.7 |
439.2 |
8.8% |
|
Revenue Tonne Kilometres, mn |
734.8 |
655.5 |
12.1% |
9,336.8 |
7,500.6 |
24.5% |
|
- international |
365.8 |
308.8 |
18.4% |
4,049.0 |
3,011.6 |
34.4% |
|
- domestic |
369.0 |
346.6 |
6.5% |
5,287.8 |
4,489.0 |
17.8% |
|
Available Tonne Kilometres, mn |
1,073.3 |
974.4 |
10.1% |
13,311.4 |
10,956.4 |
21.5% |
|
- international |
599.3 |
515.8 |
16.2% |
6,242.8 |
4,875.1 |
28.1% |
|
- domestic |
474.0 |
458.6 |
3.4% |
7,068.6 |
6,081.3 |
16.2% |
|
Revenue load factor, % |
68.5% |
67.3% |
1.2 p.p. |
70.1% |
68.5% |
1.7 p.p. |
|
- international |
61.0% |
59.9% |
1.2 p.p. |
64.9% |
61.8% |
3.1 p.p. |
|
- domestic |
77.9% |
75.6% |
2.3 p.p. |
74.8% |
73.8% |
1.0 p.p. |
|
Revenue flights |
13,135 |
12,935 |
1.5% |
178,479 |
156,627 |
14.0% |
|
- international |
3,898 |
3,494 |
11.6% |
47,671 |
40,716 |
17.1% |
|
- domestic |
9,237 |
9,441 |
-2.2% |
130,808 |
115,911 |
12.9% |
|
Flight hours |
46,454 |
42,910 |
8.3% |
593,872 |
502,764 |
18.1% |
4Q 2024 Operating Results
|
|
Aeroflot Group |
Aeroflot Airlines |
||||
|
4Q 2024 |
4Q 2023 |
Change |
4Q 2024 |
4Q 2023 |
Change |
|
|
Passengers carried, thousand PAX |
12,777.8 |
11,509.9 |
11.0% |
6,810.2 |
6,262.9 |
8.7% |
|
- international |
3,220.8 |
2,713.7 |
18.7% |
2,295.9 |
1,924.2 |
19.3% |
|
- domestic |
9,557.0 |
8,796.2 |
8.6% |
4,514.3 |
4,338.7 |
4.0% |
|
Revenue Passenger Kilometres, mn |
35,127.5 |
30,953.0 |
13.5% |
22,386.1 |
19,257.5 |
16.2% |
|
- international |
14,477.4 |
11,548.1 |
25.4% |
11,191.9 |
8,848.0 |
26.5% |
|
- domestic |
20,650.1 |
19,404.9 |
6.4% |
11,194.2 |
10,409.5 |
7.5% |
|
Available Seat Kilometres, mn |
39,491.0 |
35,514.3 |
11.2% |
25,633.8 |
22,566.9 |
13.6% |
|
- international |
17,252.5 |
14,180.4 |
21.7% |
13,607.5 |
11,076.4 |
22.9% |
|
- domestic |
22,238.5 |
21,333.8 |
4.2% |
12,026.4 |
11,490.5 |
4.7% |
|
Passenger load factor, % |
89.0% |
87.2% |
1.8 p.p. |
87.3% |
85.3% |
2.0 p.p. |
|
- international |
83.9% |
81.4% |
2.5 p.p. |
82.2% |
79.9% |
2.4 p.p. |
|
- domestic |
92.9% |
91.0% |
1.9 p.p. |
93.1% |
90.6% |
2.5 p.p. |
|
Cargo and mail carried, tonnes |
70,651.7 |
64,273.8 |
9.9% |
46,579.3 |
41,720.1 |
11.6% |
|
- international |
24,106.5 |
19,507.7 |
23.6% |
20,011.4 |
15,960.4 |
25.4% |
|
- domestic |
46,545.1 |
44,766.1 |
4.0% |
26,567.9 |
25,759.7 |
3.1% |
|
Revenue Cargo Tonne Kilometres, mn |
330.7 |
290.7 |
13.7% |
247.8 |
213.9 |
15.8% |
|
- international |
135.5 |
101.4 |
33.6% |
121.5 |
89.4 |
35.8% |
|
- domestic |
195.2 |
189.3 |
3.1% |
126.3 |
124.5 |
1.4% |
|
Revenue Tonne Kilometres, mn |
3,492.1 |
3,076.5 |
13.5% |
2,262.5 |
1,947.1 |
16.2% |
|
- international |
1,438.5 |
1,140.8 |
26.1% |
1,128.8 |
885.8 |
27.4% |
|
- domestic |
2,053.7 |
1,935.7 |
6.1% |
1,133.7 |
1,061.3 |
6.8% |
|
Available Tonne Kilometres, mn |
4,738.1 |
4,235.2 |
11.9% |
3,214.7 |
2,818.9 |
14.0% |
|
- international |
2,160.8 |
1,766.1 |
22.3% |
1,788.3 |
1,454.9 |
22.9% |
|
- domestic |
2,577.2 |
2,469.0 |
4.4% |
1,426.4 |
1,364.0 |
4.6% |
|
Revenue load factor, % |
73.7% |
72.6% |
1.1 p.p. |
70.4% |
69.1% |
1.3 p.p. |
|
- international |
66.6% |
64.6% |
2.0 p.p. |
63.1% |
60.9% |
2.2 p.p. |
|
- domestic |
79.7% |
78.4% |
1.3 p.p. |
79.5% |
77.8% |
1.7 p.p. |
|
Revenue flights |
83,730 |
75,066 |
11.5% |
39,944 |
38,152 |
4.7% |
|
- international |
18,291 |
16,180 |
13.0% |
12,008 |
10,485 |
14.5% |
|
- domestic |
65,439 |
58,886 |
11.1% |
27,936 |
27,667 |
1.0% |
|
Flight hours |
241,726 |
219,750 |
10.0% |
139,147 |
125,697 |
10.7% |
