Aeroflot PJSC (Moscow Exchange ticker: AFLT) has announced its operating results for March and 1Q 2025[1].
March 2025 Key Highlights
- Aeroflot Group carried 4.1 million passengers, an increase of 2.6% compared to March 2024.
- In the domestic segment, 3.1 million passengers were carried, which represents a 2.2% increase compared to February 2024.
- In the international segment, 1.1 million passengers were carried, 3.8% up vs. the same period
of 2024. - Group’s passenger turnover increased by 3.8%, while ASK increased by 3.2%.
- Passenger load factor was 89.6%, representing an increase of 0.5 p.p.
- Aeroflot Airlines carried 2.2 million passengers in March, which is comparable to the volume
of passengers carried in March of the previous year, while passenger turnover increased by 7.8%.
|
4.1 million passengers carried |
+2.6% RPK growth |
89.6% passenger load factor |
1Q 2025 Key Highlights
- Aeroflot Group carried 11.6 million passengers, which is 0.8% more than in the same period
of 2024. - In the domestic segment, Aeroflot Group carried 8.7 million passengers, an increase of 0.2%
year-on-year. - In the international segment, 3.0 million passengers were carried, an increase of 2.9% compared
to the previous year. - RPK increased by 2.2% and ASK increased by 2.5% within the Group.
- Passenger load factor amounted to 88.1%, a decrease of 0.2 p.p. year-on-year.
- Aeroflot Airlines carried 6.3 million passengers, 0.9% less than in the 1Q of 2024, due to the transfer of the majority of flights on the Moscow–St.Petersburg route to Rossiya Airlines in June 2024
as part of the Shuttle program launch. Passenger traffic of Rossiya Airlines increased by 15.7% during the 1Q, including a 22.9% increase on domestic routes.
|
11.6 million passengers carried |
+2.2% RPK growth |
88.1% passenger load factor |
Aeroflot Group Operating Results
|
March 2025 |
March 2024 |
Change |
1Q 2025 |
1Q 2024 |
Change |
|
|
Passengers carried, thousand PAX |
4,118.3 |
4,012.7 |
2.6% |
11,619.8 |
11,522.6 |
0.8% |
|
- international |
1,052.8 |
1,014.3 |
3.8% |
2,966.0 |
2,881.8 |
2.9% |
|
- domestic |
3,065.5 |
2,998.4 |
2.2% |
8,653.9 |
8,640.8 |
0.2% |
|
Revenue Passenger Kilometres, mn |
11,619.5 |
11,190.0 |
3.8% |
32,753.8 |
32,034.6 |
2.2% |
|
- international |
5,006.9 |
4,691.8 |
6.7% |
14,080.9 |
13,313.2 |
5.8% |
|
- domestic |
6,612.6 |
6,498.2 |
1.8% |
18,673.0 |
18,721.4 |
-0.3% |
|
Available Seat Kilometres, mn |
12,975.0 |
12,568.2 |
3.2% |
37,160.3 |
36,263.1 |
2.5% |
|
- international |
5,725.4 |
5,487.5 |
4.3% |
16,463.4 |
15,555.2 |
5.8% |
|
- domestic |
7,249.6 |
7,080.7 |
2.4% |
20,696.9 |
20,707.9 |
-0.1% |
|
Passenger load factor, % |
89.6% |
89.0% |
0.5 p.p. |
88.1% |
88.3% |
-0.2 p.p. |
|
- international |
87.5% |
85.5% |
2.0 p.p. |
85.5% |
85.6% |
-0.1 p.p. |
|
- domestic |
91.2% |
91.8% |
-0.6 p.p. |
90.2% |
90.4% |
-0.2 p.p. |
|
Cargo and mail carried, tonnes |
18,507.5 |
20,305.8 |
-8.9% |
51,421.6 |
55,296.4 |
-7.0% |
|
- international |
6,368.3 |
6,610.8 |
-3.7% |
17,537.0 |
17,913.1 |
-2.1% |
|
- domestic |
12,139.2 |
13,695.0 |
-11.4% |
33,884.7 |
37,383.3 |
-9.4% |
|
Revenue Cargo Tonne Kilometres, mn |
83.7 |
90.4 |
-7.4% |
232.8 |
244.5 |
-4.8% |
|
- international |
35.5 |
35.2 |
1.0% |
97.4 |
94.3 |
3.4% |
|
- domestic |
48.2 |
55.2 |
-12.8% |
135.4 |
150.2 |
-9.9% |
|
Revenue Tonne Kilometres, mn |
1,129.5 |
1,097.5 |
2.9% |
3,180.7 |
3,127.6 |
1.7% |
|
- international |
486.2 |
457.4 |
6.3% |
1,364.7 |
1,292.5 |
5.6% |
|
- domestic |
643.3 |
640.1 |
0.5% |
1,816.0 |
1,835.2 |
-1.0% |
|
Available Tonne Kilometres, mn |
1,541.9 |
1,500.5 |
2.8% |
4,422.2 |
4,329.0 |
2.2% |
|
- international |
717.3 |
683.7 |
4.9% |
2,065.3 |
1,936.1 |
6.7% |
|
- domestic |
824.5 |
816.7 |
1.0% |
2,356.9 |
2,392.8 |
-1.5% |
|
Revenue load factor, % |
73.3% |
73.1% |
0.1 p.p. |
71.9% |
72.2% |
-0.3 p.p. |
|
- international |
67.8% |
66.9% |
0.9 p.p. |
66.1% |
66.8% |
-0.7 p.p. |
|
- domestic |
78.0% |
78.4% |
-0.4 p.p. |
77.0% |
76.7% |
0.4 p.p. |
|
Revenue flights |
26,756 |
25,329 |
5.6% |
76,175 |
73,729 |
3.3% |
|
- international |
5,801 |
5,568 |
4.2% |
16,547 |
16,009 |
3.4% |
|
- domestic |
20,955 |
19,761 |
6.0% |
59,628 |
57,720 |
3.3% |
|
Flight hours |
79,782 |
75,378 |
5.8% |
227,622 |
219,246 |
3.8% |
Aeroflot Airlines Operating Results
|
March 2025 |
March 2024 |
Change |
1Q 2025 |
1Q 2024 |
Change |
|
|
Passengers carried, thousand PAX |
2,245.4 |
2,242.7 |
0.1% |
6,344.4 |
6,401.5 |
-0.9% |
|
- international |
774.5 |
720.3 |
7.5% |
2,185.3 |
2,057.5 |
6.2% |
|
- domestic |
1,470.8 |
1,522.4 |
-3.4% |
4,159.1 |
4,344.0 |
-4.3% |
|
Revenue Passenger Kilometres, mn |
7,591.1 |
7,044.4 |
7.8% |
21,382.6 |
20,196.1 |
5.9% |
|
- international |
3,968.4 |
3,592.5 |
10.5% |
11,186.1 |
10,249.4 |
9.1% |
|
- domestic |
3,622.7 |
3,451.9 |
4.9% |
10,196.6 |
9,946.6 |
2.5% |
|
Available Seat Kilometres, mn |
8,567.4 |
8,068.2 |
6.2% |
24,610.9 |
23,213.2 |
6.0% |
|
- international |
4,578.5 |
4,269.7 |
7.2% |
13,235.2 |
12,091.3 |
9.5% |
|
- domestic |
3,988.9 |
3,798.4 |
5.0% |
11,375.7 |
11,121.9 |
2.3% |
|
Passenger load factor, % |
88.6% |
87.3% |
1.3 p.p. |
86.9% |
87.0% |
-0.1 p.p. |
|
- international |
86.7% |
84.1% |
2.5 p.p. |
84.5% |
84.8% |
-0.2 p.p. |
|
- domestic |
90.8% |
90.9% |
-0.1 p.p. |
89.6% |
89.4% |
0.2 p.p. |
|
Cargo and mail carried, tonnes |
11,702.2 |
12,561.8 |
-6.8% |
31,929.3 |
33,998.3 |
-6.1% |
|
- international |
5,118.6 |
5,335.5 |
-4.1% |
13,848.6 |
14,248.8 |
-2.8% |
|
- domestic |
6,583.6 |
7,226.3 |
-8.9% |
18,080.7 |
19,749.5 |
-8.4% |
|
Revenue Cargo Tonne Kilometres, mn |
60.7 |
63.6 |
-4.5% |
167.3 |
172.6 |
-3.1% |
|
- international |
31.0 |
30.4 |
2.0% |
84.4 |
80.8 |
4.4% |
|
- domestic |
29.7 |
33.2 |
-10.4% |
82.9 |
91.8 |
-9.7% |
|
Revenue Tonne Kilometres, mn |
743.9 |
697.6 |
6.6% |
2,091.7 |
1,990.2 |
5.1% |
|
- international |
388.2 |
353.7 |
9.7% |
1,091.1 |
1,003.2 |
8.8% |
|
- domestic |
355.8 |
343.8 |
3.5% |
1,000.6 |
987.0 |
1.4% |
|
Available Tonne Kilometres, mn |
1,060.7 |
1,003.3 |
5.7% |
3,048.6 |
2,888.7 |
5.5% |
|
- international |
599.8 |
557.9 |
7.5% |
1,734.8 |
1,578.7 |
9.9% |
|
- domestic |
460.8 |
445.3 |
3.5% |
1,313.7 |
1,310.1 |
0.3% |
|
Revenue load factor, % |
70.1% |
69.5% |
0.6 p.p. |
68.6% |
68.9% |
-0.3 p.p. |
|
- international |
64.7% |
63.4% |
1.3 p.p. |
62.9% |
63.5% |
-0.7 p.p. |
|
- domestic |
77.2% |
77.2% |
– |
76.2% |
75.3% |
0.8 p.p. |
|
Revenue flights |
13,226 |
13,480 |
-1.9% |
37,954 |
38,855 |
-2.3% |
|
- international |
3,928 |
3,667 |
7.1% |
11,310 |
10,528 |
7.4% |
|
- domestic |
9,298 |
9,813 |
-5.2% |
26,644 |
28,327 |
-5.9% |
|
Flight hours |
47,121 |
44,302 |
6.4% |
135,127 |
127,916 |
5.6% |
