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Company News

27 March 2014

Aeroflot Announces Traffic Statistics for February 2014

MOSCOW, 27 MARCH 2014 — JSC Aeroflot («the Company», Moscow Exchange ticker: AFLT) announces operating results of the Company and Aeroflot Group («the Group») for February 2014.

Highlights

Aeroflot standalone:

• Passenger traffic in February 2014 totalled 1.56 mln. This represented 14.9% year-on-year growth, considerably ahead of the overall Russian industry growth rate for the period of 8.9%. At the same time, domestic passenger traffic increased by 31.1% year-on-year, driven by Aeroflot’s active role in transporting guests of the XXII Winter Olympic Games in Sochi. Passenger traffic for the first two months of 2014 totalled 3.14 mln, a 14.3% year-on-year increase and faster than the 9.7% year-on-year increase for the industry as a whole.

• Revenue passenger kilometres («RPK») in February 2014 totalled 4.45 bln, a year-on-year increase of 10.0% (versus 5.6% for the industry overall). RPKs for the first two months of 2014 increased 10.0% year-on-year, ahead of the 7.4% year-on-year increase for the industry as a whole.

• In the first two months of 2014, the Company expanded its fleet, flying five new Airbus A320s, one new Boeing 737-800 and two new Boeing 777-300ERs, which contributed to a 14.9% year-on-year rise in available seat kilometres («ASK»).

• Higher ASK and capacity during the reporting period enabled the Company to start offering new routes for the Winter 2013/2014 season, including: Blagoveshchensk, Ulan-Ude, Chita, Yakutsk, Novokuznetsk, Magnitogorsk, Abakan and Toronto. The launch of flights to these new destinations led to a temporary decrease in the passenger load factor in February 2014 to 74.0%, 3.3 percentage points (p.p.) lower than in February 2013.

Aeroflot Group:

• Total passenger traffic for February 2014 was 2.16 mln, growing 14.6% year-on-year. The main factor driving passenger traffic growth was a 33.0% increase in domestic traffic. Passenger traffic for the first two months of 2014 increased 13.0% year-on-year.

• Revenue passenger kilometres in February 2014 increased 4.3% year-on-year to 5.65 bln. This growth was attributable to an increase in domestic RPK, which rose 25.0% to 2.12 bln and accounted for more than a third of the Group’s total RPK in February 2104. RPK on international flights decreased 5.2%, driven mainly by reallocation of some OrenAir capacity from Middle East and Asia routes (due to political instability) to European destinations, which drove down load factors. The Group’s RPK for the first two months of 2014 increased 4.3% year-on-year.

• Aeroflot Group’s passenger load factor in February 2014 was 72.7%.

Other events:

• In 2013 JSC Aeroflot discontinued its dedicated cargo fleet, switching to belly cargo operations. This was the main reason that cargo carried decreased 19.9% year-on-year in February 2014.

The tables below provide key operating results for Aeroflot and Aeroflot Group.

Aeroflot standalone traffic figures

 

February 2014

February 2013

Change

2M

2014

2M

2013

Change

Passengers carried (000s)

1,556.9

1,354.6

14.9%

3,143.5

2,750.4

14.3%

Revenue Passenger Kilometers (mln)

4,447.5

4,044.1

10.0%

9,124.8

8,292.2

10.0%

Available Seat Kilometers (mln)

6,011.6

5,232.2

14.9%

12,398.2

10,995.3

12.8%

Passenger Load Factor

74.0%

77.3%

(3.3 p.p.)

73.6%

75.4%

(1.8 p.p.)

Cargo and mail carried (tonnes)

9,860.5

12,229.5

(19.4%)

19,553.4

23,884.9

(18.1%)

Revenue Tonne Kilometers (mln)

444.3

428.9

3.6%

909.2

876.3

3.8%

Available Tonne Kilometers (mln)

738.8

681.4

8.4%

1,526.5

1,427.6

6.9%

Revenue Load Factor

60.1%

62.9%

(2.8 p.p.)

59.6%

61.4%

(1.8 p.p.)

Revenue Cargo Tonne Kilometers (mln)

44.1

64.9

(32.0%)

88.0

129.9

(32.3%)

Aeroflot Group traffic figures

 

February 2014

February 2013

Change

2M

2014

2M

2013

Change

Passengers carried (000s)

2,157.4

1,883.2

14.6%

4,413.7

3,905.3

13.0%

Of which international

1,054.3

1,053.8

0.0%

2,302.4

2,259.4

1.9%

Of which domestic

1,103.1

829.4

33.0%

2,111.3

1,645.9

28.3%

Revenue Passenger Kilometers (mln)

5,649.9

5,418.2

4.3%

11,830.3

11,346.7

4.3%

Of which international

3,528.8

3,721.3

(5.2%)

7,708.6

7,928.5

(2.8%)

Of which domestic

2,121.1

1,696.9

25.0%

4,121.7

3,418.2

20.6%

Available Seat Kilometers (mln)

7,771.1

7,128.4

9.0%

16,309.3

15,225.7

7.1%

Of which international

4,880.3

4,843.1

0.8%

10,575.5

10,491.6

0.8%

Of which domestic

2,890.8

2,285.3

26.5%

5,733.8

4,734.1

21.1%

Passenger Load Factor

72.7%

76.0%

(3.3 p.p.)

72.5%

74.5%

(2.0 p.p.)

Of which international

72.3%

76.8%

(4.5 p.p.)

72.9%

75.6%

(2.7 p.p.)

Of which domestic

73.4%

74.3%

(0.9 p.p.)

71.9%

72.2%

(0.3 p.p.)

Cargo and mail carried (tonnes)

11,455.7

14,364.9

(20.3%)

22,584.9

27,769.0

(18.7%)

Of which international

6,120.1

9,298.2

(34.2%)

12,301.7

17,892.2

(31.2%)

Of which domestic

5,335.6

5,066.7

5.3%

10,283.2

9,876.8

4.1%

Revenue Tonne Kilometers (mln)

555.7

558.4

(0.5%)

1,158.6

1,161.6

(0.3%)

Of which international

345.3

387.0

(10.8%)

749.4

815.3

(8.1%)

Of which domestic

210.4

171.4

22.8%

409.2

346.3

(18.2%)

Available Tonne Kilometers (mln)

927.4

893.6

3.8%

1,943.1

1,895.7

2.5%

Of which international

584.1

615.9

(5.2%)

1,262.8

1,321.9

(4.5%)

Of which domestic

343.3

277.7

23.6%

680.3

573.8

18.6%

Revenue Load Factor

59.9%

62.5%

(2.6 p.p.)

59.6%

61.3%

(1.7 p.p.)

Of which international

59.1%

62.8%

(3.7 p.p.)

59.3%

61.7%

(2.4 p.p.)

Of which domestic

61.3%

61.7%

(0.5 p.p.)

60.1%

60.4%

(0.3 p.p.)

Revenue Cargo Tonne Kilometers (mln)

47.2

70.8

(33.3%)

93.9

140.4

(33.1%)

Of which international

27.7

52.1

(46.8%)

55.7

101.7

(45.2%)

Of which domestic

19.5

18.7

4.3%

38.2

38.7

(1.3%)

Contacts:

Investor enquiries

Aeroflot Investor Relations

+7 (495) 258-06-86

ir@aeroflot.ru

Media enquiries

Aeroflot Press Service

+7 (495) 752-90-71

+7 (499) 500-73-87

presscentr@aeroflot.ru

Russia

Tom Blackwell

+7 (919) 102-90-64

blackwell@em-comms.com

UK/Europe

Peter Morley

+44 7927 186 645

morley@em-comms.com

North America

Quinn Martin

+1 646 629 5502

quinn@frontierpr.com

Background information:

Aeroflot is Russia’s flagship carrier and one of the largest airline groups in Europe. In 2013, its 90th anniversary year, Aeroflot carried 20.9 million passengers (31.4 million passengers as Aeroflot Group including subsidiaries), a record for any Russian airline. A proud member of the SkyTeam global airline alliance, Aeroflot and its partners serve more than 1,000 destinations in 178 countries worldwide. Aeroflot operates one of the most modern and youngest fleets in Europe, at the end of February 2014 numbering 148 Airbus, Boeing and Sukhoi airliners with an average age of 5.6 years. Aeroflot is among world’s leaders in aviation safety. The company’s European Community Safety Assessment of Foreign Aircraft (SAFA) Index, which is the main globally recognized safety parameter, is comparable to global peers. The first Russian carrier to enter the IATA Operational Safety Audit (IOSA) register, renewing its registration for the fifth time in 2013, Aeroflot has successfully passed the IATA Safety Audit for Ground Operations (ISAGO) and is fully ISO 9001:2008 compliant. In 2013, Aeroflot was named by SKYTRAX as the Best Airline in Eastern Europe for the second time. Find more at www.aeroflot.com.