Aeroflot Group Announces Operating Results for January 2020

The Aeroflot Group has released its latest results for January this year, which saw a slight dip in load factor, whilst there was a tiny increase in the number of passengers carried - 4.2 million. 

The group added five aircraft SSJ100 and phased out one Airbus A330-300. As of 31 January 2020, Group fleet had 363 aircraft.

	Net changes in the fleet	Number of aircraft
	January 2020	as of 31.01.2020
Aeroflot Group	4	363
Aeroflot airline	4	249

Aeroflot Group Operating Results

	January 2020	January 2019	Change
Passengers carried, thousand PAX	4,234.4	4,220.6	0.3%
- international	1,876.1	1,916.0	(2.1%)
- domestic	2,358.3	2,304.5	2.3%
Revenue Passenger Kilometres, mn	11,238.3	11,180.0	0.5%
- international	6,851.9	6,877.0	(0.4%)
- domestic	4,386.4	4,303.0	1.9%
Available Seat Kilometres, mn	15,019.6	14,730.4	2.0%
- international	9,044.6	9,089.1	(0.5%)
- domestic	5,975.0	5,641.3	5.9%
Passenger load factor, %	74.8%	75.9%	(1.1 p.p.)
- international	75.8%	75.7%	0.1 p.p.
- domestic	73.4%	76.3%	(2.9 p.p.)
Cargo and mail carried, tonnes	23,385.3	19,914.3	17.4%
- international	13,472.4	11,672.0	15.4%
- domestic	9,912.9	8,242.3	20.3%
Revenue Cargo Tonne Kilometres, mn	96.2	81.1	18.6%
- international	63.3	52.0	21.6%
- domestic	33.0	29.1	13.3%
Revenue Tonne Kilometres, mn	1,107.7	1,087.3	1.9%
- international	679.9	670.9	1.3%
- domestic	427.7	416.4	2.7%
Available Tonne Kilometres, mn	1,807.7	1,757.5	2.9%
- international	1,111.6	1,102.4	0.8%
- domestic	696.1	655.2	6.2%
Revenue load factor, %	61.3%	61.9%	(0.6 p.p.)
- international	61.2%	60.9%	0.3 p.p.
- domestic	61.5%	63.6%	(2.1 p.p.)
Revenue flights	35,790	35,163	1.8%
- international	14,566	14,969	(2.7%)
- domestic	21,224	20,194	5.1%
Flight hours	99,073	97,321	1.8%

Aeroflot – Russian Airlines Operating Results

	January 2020	January 2019	Change
Passengers carried, thousand PAX	2,636.1	2,783.6	(5.3%)
- international	1,423.3	1,457.0	(2.3%)
- domestic	1,212.8	1,326.6	(8.6%)
Revenue Passenger Kilometres, mn	7,506.7	7,716.2	(2.7%)
- international	5,279.1	5,308.0	(0.5%)
- domestic	2,227.6	2,408.2	(7.5%)
Available Seat Kilometres, mn	10,610.1	10,544.3	0.6%
- international	7,245.1	7,230.7	0.2%
- domestic	3,364.9	3,313.7	1.5%
Passenger load factor, %	70.8%	73.2%	(2.4 p.p.)
- international	72.9%	73.4%	(0.5 p.p.)
- domestic	66.2%	72.7%	(6.5 p.p.)
Cargo and mail carried, tonnes	15,501.9	13,635.5	13.7%
- international	11,047.2	9,536.4	15.8%
- domestic	4,454.7	4,099.1	8.7%
Revenue Cargo Tonne Kilometres, mn	72.3	61.8	17.0%
- international	55.4	45.9	20.6%
- domestic	16.9	15.9	6.5%
Revenue Tonne Kilometres, mn	747.9	756.2	(1.1%)
- international	530.5	523.6	1.3%
- domestic	217.4	232.6	(6.5%)
Available Tonne Kilometres, mn	1,294.3	1,269.5	2.0%
- international	904.5	886.5	2.0%
- domestic	389.8	383.0	1.8%
Revenue load factor, %	57.8%	59.6%	(1.8 p.p.)
- international	58.7%	59.1%	(0.4 p.p.)
- domestic	55.8%	60.7%	(5.0 p.p.)
Revenue flights	24,256	24,199	0.2%
- international	11,648	11,839	(1.6%)
- domestic	12,608	12,360	2.0%
Flight hours	69,865	69,691	0.2%

'

 Beginning March 1, Aeroflot will transfer flights to/from Iran and South Korea to Terminal F of Sheremetyevo International Airport. 

The following flights will be operated from Terminal F:

• SU 512 Moscow – Tehran / SU 513 Tehran – Moscow
• SU 250 Moscow – Seoul / SU 251 Seoul – Moscow

KE 923/924 flights operated in conjunction with Korean Air will also operate from Terminal F.

Aeroflot's flights from Sheremetyevo to Italian cities will be serviced from terminals that were previously specified in the schedule. Flights arriving from Italy will be serviced at Terminal F. 

Results from the most recent directors meeting have just been published and include details of the  Opening of a regional hub in Krasnoyarsk. Work on creating a hub in Krasnoyarsk is being carried out as part of Aeroflot Goup's strategic goal for regional development and in accordance with the approved plan. In 2020, Aeroflot plans to launch flights from Krasnoyarsk to 12 new destinations (Simferopol, Sochi, Yekaterinburg, Tyumen, Tomsk, Omsk, Novosibirsk, Bratsk, Irkutsk and Yakutsk in Russia; as well as Beijing and Sanya in China) with banking of scheduled flights. The Krasnoyarsk-based fleet will consist of Superjet 100 and Boeing 737-800 aircraft. Aeroflot Group's passenger traffic will exceed 1 million passengers at the Krasnoyarsk hub in 2020. Aeroflot plans to continue to implement marketing support for the hub at Krasnoyarsk Airport.

Service enhancement across Aeroflot Group. A number of prestigious global awards and high placements in international ratings for 2019 confirmed Aeroflot's position as a leading global carrier in terms of service. The airline's NPS customer loyalty index increased to 73% (+1 percentage point), and its service development programme for 2019 was successfully implemented. Aeroflot also upgraded the assortment and supply of in-flight catering in its Business Class, introduced children's travel kits for children under 2 years of age, increased circulation of non-Russian-language press and in-flight magazines, and expanded its range of content for visually-impaired passengers. Sheremetyevo International Airport has established passenger service at its new international Terminal C. In 2020, Aeroflot will take its Business Class customer service to a new level across its entire wide-body aircraft fleet, particularly with the launch of the newest Airbus A350-900. The interior design concept of the new narrow-body aircraft of the Airbus A320 neo family is approaching the standards of the wide-body fleet.

Implementation of Aeroflot Group’s Strategy. Aeroflot Group's marketing strategy for key macro markets through 2023 has been updated in connection with the update of the Group's overall Strategy. The new marketing plan takes into account leading trends in advertising and marketing communications, including the growing importance of digital channels and active use of Big Data technologies. The benefit of effective partnerships in global sports was also confirmed when Aeroflot took part in the FIBA Basketball World Cup in China, a major sporting highlight of 2019.

Investor Relations. In 2019, share prices of publicly quoted airlines globally increased by 3% on average. At the same time, share prices varied across different regions, ranging from restorative growth to significant declines under the influence of specific factors in their respective markets. Aeroflot's share price increased by 2%. In 2019, Aeroflot held approximately 200 meetings with funds and banks, organized an Investor and Analyst Day in London with the participation of the Company's top management, and regularly communicated the Group's strategic development goals to stakeholders. The meeting also reviewed the results of research conducted on the perception of Aeroflot’s investment case and shareholder identification, which showed that Aeroflot has effectively implemented its annual plan for working with the investment community. The Company's IR work was highly rated by the professional community, receiving top rankings in the independent Extel and Institutional Investor ratings, as well as in the Moscow Exchange competition. Finally, the Company's Investor Relations plan for 2020 was approved.

Aeroflot's participation in associations. The Board decided that Aeroflot's participation in the National Association for Technology Transfer (NATT), the Russian Association of Air Transport Operators (AEVT), and the International Congress of Industrialists and Entrepreneurs (ICIE) was in line with the Company's goals. Questions about participation in these associations will be submitted to the general shareholders' meeting of PJSC Aeroflot, if relevant directives are received from the Government of the Russian Federation.

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