Moscow, 21 May 2018 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for April and 4M 2018[1].
January – April 2018 Operating Highlights
In 4M 2018, Aeroflot Group carried 15.2 million passengers, up 7.2% year-on-year. Aeroflot airline carried 10.2 million passengers, a year-on-year increase of 6.0%. Group and Company RPKs increased by 7.2% and 4.9% year-on-year, respectively. ASKs rose by 7.4% year-on-year for the Group and by 7.5% year-on-year for the Company. The passenger load factor decreased by 0.2 p.p. year-on-year to 79.1% for Aeroflot Group and by 2.0 p.p. to 77.2% for Aeroflot airline.
April 2018 Operating Highlights
In April 2018, Aeroflot Group carried 4.2 million passengers, up 8.8% year-on-year. Aeroflot airline carried 2.8 million passengers, a year-on-year increase of 7.5%.
Group and Company RPKs were up 8.4% and 5.6% year-on-year, respectively. ASKs rose by 11.0% for Aeroflot Group and by 11.3% for Aeroflot airline.
On domestic routes, Group passengers carried and RPKs grew by 9.0% and 10.8% year-on-year, respectively. ASKs grew by 8.9% year-on-year. Company passengers carried and RPKs increased by 10.2% and 8.6% year-on-year, respectively. ASKs grew by 11.0%.
In April 2018, the number of passengers carried on the Group’s international routes increased by 8.6% year-on-year. RPKs grew by 6.8%, while capacity grew by 12.6%. The number of passengers carried by Aeroflot airline on international routes increased by 4.9%. RPKs grew by 4.1%, ASKs by 11.4%.
The passenger load factor decreased by 2.0 p.p. year-on-year to 80.7% for Aeroflot Group and by 4.2 p.p. to 79.3% for Aeroflot airline. The significant increase in the passenger load factor in April 2017 driven by appreciation of the rouble created a high base factor, leading to a non-material normalisation of this indicator in the April 2018 reporting period. (In April 2017, the passenger load factor increased by 3.3 p.p. year-on-year for the Group and by 3.0 p.p. year-on-year for the Company).
Fleet update
In April 2018, Aeroflot Group added five aircraft: two Airbus A320, two Boeing 737-800 and one Boeing 777-300 and one SSJ100. One Airbus A321 was phased out. As of 30 April 2018, the Group fleet had 340 aircraft2.
Aeroflot airline added four aircraft: two Airbus A320 and two Boeing 737-800. One Airbus A321 was phased out. As of 30 April 2018, the Company fleet had 235 aircraft.
|
Net changes in the fleet |
Number of aircraft[2] as of 30.04.2018 |
|
|
April 2018 |
4M 2018 |
|
Aeroflot Group |
+4 |
+14 |
340 |
Aeroflot airline |
+3 |
+11 |
235 |
Aeroflot Group Operating Results
April |
April |
Change |
4M 2018 |
4M 2017 |
Change |
|
Passengers carried, thousand PAX |
4,185.3 |
3,847.1 |
8.8% |
15,170.5 |
14,148.6 |
7.2% |
- international |
1,851.3 |
1,705.0 |
8.6% |
6,739.1 |
6,282.7 |
7.3% |
- domestic |
2,334.1 |
2,142.1 |
9.0% |
8,431.4 |
7,865.9 |
7.2% |
Revenue Passenger Kilometres, mln |
10,773.3 |
9,937.1 |
8.4% |
39,516.3 |
36,870.6 |
7.2% |
- international |
6,343.8 |
5,939.3 |
6.8% |
23,911.5 |
22,470.3 |
6.4% |
- domestic |
4,429.5 |
3,997.8 |
10.8% |
15,604.8 |
14,400.4 |
8.4% |
Available Seat Kilometres, mln |
13,343.7 |
12,016.1 |
11.0% |
49,967.3 |
46,526.1 |
7.4% |
- international |
7,957.3 |
7,068.5 |
12.6% |
30,461.2 |
27,915.2 |
9.1% |
- domestic |
5,386.3 |
4,947.6 |
8.9% |
19,506.1 |
18,610.9 |
4.8% |
Passenger load factor, % |
80.7% |
82.7% |
(2.0 p.p.) |
79.1% |
79.2% |
(0.2 p.p.) |
- international |
79.7% |
84.0% |
(4.3 p.p.) |
78.5% |
80.5% |
(2.0 p.p.) |
- domestic |
82.2% |
80.8% |
1.4 p.p. |
80.0% |
77.4% |
2.6 p.p. |
Cargo and mail carried, tonnes |
23,997.4 |
21,956.7 |
9.3% |
86,663.6 |
79,136.8 |
9.5% |
- international |
13,723.6 |
12,253.0 |
12.0% |
49,734.0 |
45,041.6 |
10.4% |
- domestic |
10,273.7 |
9,703.8 |
5.9% |
36,929.6 |
34,095.3 |
8.3% |
Revenue Cargo Tonne Kilometres, mln |
104.2 |
98.8 |
5.4% |
374.8 |
357.6 |
4.8% |
- international |
66.4 |
60.9 |
8.9% |
237.8 |
223.4 |
6.4% |
- domestic |
37.8 |
37.9 |
(0.3%) |
137.0 |
134.2 |
2.1% |
Revenue Tonne Kilometres, mln |
1,073.8 |
993.2 |
8.1% |
3,931.2 |
3,675.9 |
6.9% |
- international |
637.3 |
595.5 |
7.0% |
2,389.8 |
2,245.8 |
6.4% |
- domestic |
436.4 |
397.7 |
9.7% |
1,541.4 |
1,430.3 |
7.8% |
Available Tonne Kilometres, mln |
1,572.7 |
1,441.5 |
9.1% |
5,900.2 |
5,662.4 |
4.2% |
- international |
941.8 |
848.0 |
11.1% |
3,624.6 |
3,417.6 |
6.1% |
- domestic |
630.8 |
593.5 |
6.3% |
2,275.6 |
2,244.8 |
1.4% |
Revenue load factor, % |
68.3% |
68.9% |
(0.6 p.p.) |
66.6% |
64.9% |
1.7 p.p. |
- international |
67.7% |
70.2% |
(2.6 p.p.) |
65.9% |
65.7% |
0.2 p.p. |
- domestic |
69.2% |
67.0% |
2.2 p.p. |
67.7% |
63.7% |
4.0 p.p. |
Revenue flights |
32,028 |
29,042 |
10.3% |
120,566 |
111,392 |
8.2% |
- international |
13,428 |
11,976 |
12.1% |
50,297 |
45,741 |
10.0% |
- domestic |
18,600 |
17,066 |
9.0% |
70,269 |
65,651 |
7.0% |
Flight hours for fleet |
87,998 |
79,136 |
11.2% |
329,952 |
304,095 |
8.5% |
Aeroflot - Russian Airlines Operating Results
April |
April |
Change |
4M 2018 |
4M 2017 |
Change |
|
Passengers carried, thousand PAX |
2,819.9 |
2,624.3 |
7.5% |
10,213.9 |
9,639.6 |
6.0% |
- international |
1,439.1 |
1,371.2 |
4.9% |
5,338.5 |
5,124.8 |
4.2% |
- domestic |
1,380.9 |
1,253.1 |
10.2% |
4,875.4 |
4,514.8 |
8.0% |
Revenue Passenger Kilometres, mln |
7,787.2 |
7,372.9 |
5.6% |
28,762.4 |
27,431.7 |
4.9% |
- international |
5,088.5 |
4,887.4 |
4.1% |
19,413.2 |
18,647.3 |
4.1% |
- domestic |
2,698.6 |
2,485.5 |
8.6% |
9,349.3 |
8,784.4 |
6.4% |
Available Seat Kilometres, mln |
9,819.0 |
8,824.8 |
11.3% |
37,238.2 |
34,630.1 |
7.5% |
- international |
6,529.8 |
5,861.1 |
11.4% |
25,441.8 |
23,584.5 |
7.9% |
- domestic |
3,289.2 |
2,963.7 |
11.0% |
11,796.5 |
11,045.6 |
6.8% |
Passenger load factor, % |
79.3% |
83.5% |
(4.2 p.p.) |
77.2% |
79.2% |
(2.0 p.p.) |
- international |
77.9% |
83.4% |
(5.5 p.p.) |
76.3% |
79.1% |
(2.8 p.p.) |
- domestic |
82.0% |
83.9% |
(1.9 p.p.) |
79.3% |
79.5% |
(0.2 p.p.) |
Cargo and mail carried, tonnes |
18,596.0 |
18,986.2 |
(2.1%) |
66,143.8 |
67,817.0 |
(2.5%) |
- international |
12,518.9 |
12,027.8 |
4.1% |
45,284.2 |
44,274.7 |
2.3% |
- domestic |
6,077.1 |
6,958.4 |
(12.7%) |
20,859.6 |
23,542.3 |
(11.4%) |
Revenue Cargo Tonne Kilometres, mln |
88.0 |
88.4 |
(0.5%) |
312.4 |
314.6 |
(0.7%) |
- international |
62.7 |
59.9 |
4.7% |
224.9 |
220.1 |
2.2% |
- domestic |
25.3 |
28.5 |
(11.4%) |
87.6 |
94.5 |
(7.3%) |
Revenue Tonne Kilometres, mln |
788.8 |
752.0 |
4.9% |
2,901.1 |
2,783.4 |
4.2% |
- international |
520.7 |
499.8 |
4.2% |
1,972.0 |
1,898.3 |
3.9% |
- domestic |
268.1 |
252.2 |
6.3% |
929.0 |
885.1 |
5.0% |
Available Tonne Kilometres, mln |
1,176.8 |
1,072.0 |
9.8% |
4,468.3 |
4,276.0 |
4.5% |
- international |
786.3 |
715.0 |
10.0% |
3,083.2 |
2,941.9 |
4.8% |
- domestic |
390.4 |
357.0 |
9.4% |
1,385.1 |
1,334.1 |
3.8% |
Revenue load factor, % |
67.0% |
70.1% |
(3.1 p.p.) |
64.9% |
65.1% |
(0.2 p.p.) |
- international |
66.2% |
69.9% |
(3.7 p.p.) |
64.0% |
64.5% |
(0.5 p.p.) |
- domestic |
68.7% |
70.6% |
1.9 p.p.) |
67.1% |
66.3% |
0.8 p.p. |
Revenue flights |
21,628 |
19,369 |
11.7% |
81,860 |
74,876 |
9.3% |
- international |
10,656 |
9,613 |
10.8% |
40,915 |
37,642 |
8.7% |
- domestic |
10,972 |
9,756 |
12.5% |
40,945 |
37,234 |
10.0% |
Flight hours for fleet |
62,159 |
55,955 |
11.1% |
236,737 |
217,978 |
8.6% |
Investor enquiries:
Aeroflot Investor Relations
+7 (495) 258-06-86