Aeroflots latest results shows double digit growth

Photo Aeroflot

The Russian airline and the world's most recognised brand, Aeroflot announced its February operating results and first two months statistics for Aeroflot Group this week. 

2019 Operating Highlights

In the first two months of 2019, the Aeroflot Group carried 8.2 million passengers, up 15.8% year-on-year. Aeroflot airline carried 5.4 million passengers, a year-on-year increase of 14.6%.

Group and Company RPKs increased by 15.8% and 10.5% year-on-year, respectively. ASKs rose by 17.3% year-on-year for the Group and by 12.4% year-on-year for the Company.

The passenger load factor decreased by 1.0 p.p. year-on-year to 76.7% for Aeroflot Group and decreased by 1.3 p.p. to 74.2% for Aeroflot airline.

February 2019 Operating Highlights

In February 2019, Aeroflot Group carried 3.9 million passengers, a year-on-year increase of 17.2%. Aeroflot airline carried 2.6 million passengers, a year-on-year increase of 15.9%.

Group and Company RPKs were up 17.5% and 11.5% year-on-year, respectively. ASKs rose by 18.4% for Aeroflot Group and by 12.5% for Aeroflot airline.

Aeroflot Group’s passenger load factor was 77.5%, representing a 0.6 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased by 0.7 percentage points year-on-year to 75.3%.

Fleet update

In February 2019, Aeroflot Group added one Airbus A320. One Airbus A319 was phased-out. As of 28 February 2019, the Group fleet had 367 aircraft. 

There were no changes in Aeroflot airline fleet in February 2019. As of 28 February 2019, the Company fleet had 253 aircraft.

	Net changes in the fleet		Number of aircraft as of 28.02.2019
	February 2019	2M 2019
Aeroflot Group	-	+1	367
Aeroflot airline	-	-	253

Aeroflot Group Operating Results

	February 2019	February 2018	Change	2M 2019	2M 2018	Change
Passengers carried, thousand PAX	3,949.5	3,369.4	17.2%	8,170.2	7,055.0	15.8%
- international	1,758.4	1,476.4	19.1%	3,674.4	3,143.3	16.9%
- domestic	2,191.1	1,892.9	15.8%	4,495.8	3,911.8	14.9%
Revenue Passenger Kilometres, mn	10,304.3	8,772.3	17.5%	21,483.0	18,553.0	15.8%
- international	6,278.4	5,317.0	18.1%	13,155.2	11,369.7	15.7%
- domestic	4,025.9	3,455.3	16.5%	8,327.7	7,183.3	15.9%
Available Seat Kilometres, mn	13,297.2	11,228.0	18.4%	28,026.3	23,888.6	17.3%
- international	8,135.7	6,908.3	17.8%	17,224.7	14,739.2	16.9%
- domestic	5,161.5	4,319.8	19.5%	10,801.7	9,149.5	18.1%
Passenger load factor, %	77.5%	78.1%	(0.6 p.p.)	76.7%	77.7%	(1.0 p.p.)
- international	77.2%	77.0%	0.2 p.p.	76.4%	77.1%	(0.8 p.p.)
- domestic	78.0%	80.0%	(2.0 p.p.)	77.1%	78.5%	(1.4 p.p.)
Cargo and mail carried, tonnes	20,811.4	18,146.6	14.7%	40,723.2	39,526.1	3.0%
- international	11,448.5	9,567.8	19.7%	23,120.4	22,637.6	2.1%
- domestic	9,362.9	8,578.8	9.1%	17,602.8	16,888.5	4.2%
Revenue Cargo Tonne Kilometres, mn	85.3	77.7	9.8%	166.4	170.4	(2.3%)
- international	51.3	45.0	14.0%	103.3	107.4	(3.8%)
- domestic	34.0	32.7	4.2%	63.1	63.0	0.2%
Revenue Tonne Kilometres, mn	1,012.7	867.2	16.8%	2,099.9	1,840.2	14.1%
- international	616.4	523.6	17.7%	1,287.3	1,130.7	13.9%
- domestic	396.4	343.7	15.3%	812.6	709.5	14.5%
Available Tonne Kilometres, mn	1,582.5	1,326.2	19.3%	3,339.9	2,825.8	18.2%
- international	986.1	823.9	19.7%	2,088.4	1,758.6	18.8%
- domestic	596.4	502.4	18.7%	1,251.4	1,067.2	17.3%
Revenue load factor, %	64.0%	65.4%	(1.4 p.p.)	62.9%	65.1%	(2.3 p.p.)
- international	62.5%	63.5%	(1.0 p.p.)	61.6%	64.3%	(2.7 p.p.)
- domestic	66.5%	68.4%	(1.9 p.p.)	64.9%	66.5%	(1.6 p.p.)
Revenue flights	31,885	27,242	17.0%	67,049	57,510	16.6%
- international	13,361	11,285	18.4%	28,330	24,003	18.0%
- domestic	18,524	15,957	16.1%	38,719	33,507	15.6%
Flight hours	88,016	74,091	18.8%	185,350	157,502	17.7%

Aeroflot - Russian Airlines Operating Results

	February 2019		February 2018	Change	2M 2019	2M 2018	Change
Passengers carried, thousand PAX		2,634.0	2,271.9	15.9%	5,417.6	4,726.6	14.6%
- international		1,351.3	1,185.5	14.0%	2,808.3	2,506.6	12.0%
- domestic		1,282.7	1,086.4	18.1%	2,609.3	2,220.0	17.5%
Revenue Passenger Kilometres, mn		7,178.2	6,437.9	11.5%	14,894.4	13,478.4	10.5%
- international		4,866.5	4,368.9	11.4%	10,174.5	9,237.1	10.1%
- domestic		2,311.6	2,069.1	11.7%	4,719.8	4,241.4	11.3%
Available Seat Kilometres, mn		9,527.4	8,465.8	12.5%	20,071.7	17,851.1	12.4%
- international		6,481.3	5,856.3	10.7%	13,712.0	12,371.3	10.8%
- domestic		3,046.0	2,609.5	16.7%	6,359.7	5,479.8	16.1%
Passenger load factor, %		75.3%	76.0%	(0.7 p.p.)	74.2%	75.5%	(1.3 p.p.)
- international		75.1%	74.6%	0.5 p.p.	74.2%	74.7%	(0.5 p.p.)
- domestic		75.9%	79.3%	(3.4 p.p.)	74.2%	77.4%	(3.2 p.p.)
Cargo and mail carried, tonnes		14,697.6	13,412.3	9.6%	28,333.1	29,857.6	(5.1%)
- international		9,540.3	8,631.0	10.5%	19,076.8	20,581.8	(7.3%)
- domestic		5,157.2	4,781.3	7.9%	9,256.3	9,275.8	(0.2%)
Revenue Cargo Tonne Kilometres, mn		64.6	63.1	2.3%	126.4	141.2	(10.5%)
- international		44.8	42.4	5.7%	90.7	101.6	(10.8%)
- domestic		19.9	20.8	(4.5%)	35.7	39.6	(9.7%)
Revenue Tonne Kilometres, mn		710.6	642.6	10.6%	1,466.9	1,354.3	8.3%
- international		482.7	435.6	10.8%	1,006.4	933.0	7.9%
- domestic		227.9	207.0	10.1%	460.5	421.3	9.3%
Available Tonne Kilometres, mn		1,145.5	1,015.4	12.8%	2,415.0	2,144.3	12.6%
- international		793.5	710.4	11.7%	1,680.0	1,503.4	11.7%
- domestic		352.0	305.1	15.4%	735.0	640.9	14.7%
Revenue load factor, %		62.0%	63.3%	(1.2 p.p.)	60.7%	63.2%	(2.4 p.p.)
- international		60.8%	61.3%	(0.5 p.p.)	59.9%	62.1%	(2.2 p.p.)
- domestic		64.7%	67.9%	(3.1 p.p.)	62.7%	65.7%	(3.1 p.p.)
Revenue flights		21,946	18,513	18.5%	46,145	39,107	18.0%
- international		10,627	9,313	14.1%	22,466	19,735	13.8%
- domestic		11,319	9,200	23.0%	23,679	19,372	22.2%
Flight hours		62,990	53,619	17.5%	132,681	113,599	16.8%