23 September, 2020

Aeroflot Group Announces Operating Results for August 2020

 


Aeroflot has announced operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for August and 8M 2020[1].

8M 2020 Operating Highlights

In 8M 2020, Aeroflot Group carried 19.6 million passengers, 52.2% down year-on-year. Aeroflot airline carried 10.3 million passengers, a year-on-year decrease of 59.1%. 

Group and Company RPKs decreased by 55.9% and 61.9% year-on-year, respectively. ASKs decreased by 49.5% year-on-year for the Group and by 53.8% year-on-year for the Company.  

The passenger load factor decreased by 10.4 p.p. year-on-year to 72.0% for Aeroflot Group and decreased by 14.1 p.p. to 65.9% for Aeroflot airline. 

August 2020 Operating Highlights

In August 2020, Aeroflot Group carried 3.8 million passengers, a year-on-year decrease of 41.0%. Aeroflot airline carried 1.5 million passengers, a year-on-year decrease of 60.4%. 

Group and Company RPKs were down 51.6% and 69.9% year-on-year, respectively. ASKs decreased 
by 49.2% for Aeroflot Group and by 66.3% for Aeroflot airline. 

Aeroflot Group’s passenger load factor was 86.0%, representing a 4.2 percentage point decrease versus 
the same period a year earlier. The passenger load factor at Aeroflot – Russian Airlines decreased 
by 9.3 percentage points year-on-year to 78.5%. 

Impact of coronavirus pandemic

In 8M and August 2020, operating results were affected by the dynamics of demand and significant flight restrictions imposed amid the spread of the novel coronavirus infection. Suspension 
of scheduled international flights and quarantine restrictions in Russia affected the decline in traffic indicators.

In August 2020 Aeroflot Group's domestic traffic volumes continued to recover, also the restoration of international flights has begun. As a result, there is an increase in passenger traffic in August versus July, as well as an improvement in the seat load factor. In September 2020, in addition to flights to Turkey, the United Kingdom and Switzerland, due to regulatory approval, flights to Egypt, the United Arab Emirates and the Maldives were added with limited frequency.

Fleet update

In August 2020 Aeroflot Group phased out one DHC8-300 aircraft. As of 31 August 2020, Group and Company fleet had 358 and 245 aircraft, respectively.

 

Net changes in the fleet

Number of aircraft

 

August 2020

8M 2019

as of 31.08.2020

Aeroflot Group

-1

-1

358

Aeroflot airline

245


 

Aeroflot Group Operating Results

 

August 2020

August 2019

Change

8M 2020

8M 2019

Change

Passengers carried, thousand PAX

3,791.3

6,427.1

(41.0%)

19,638.3

41,045.5

(52.2%)

- international

237.0

2,859.5

(91.7%)

4,831.2

18,380.9

(73.7%)

- domestic

3,554.3

3,567.6

(0.4%)

14,807.0

22,664.7

(34.7%)

Revenue Passenger Kilometres, mn

7,921.3

16,359.4

(51.6%)

46,607.6

105,662.4

(55.9%)

- international

674.7

9,173.6

(92.6%)

17,629.0

61,873.2

(71.5%)

- domestic

7,246.6

7,185.8

0.8%

28,978.7

43,789.1

(33.8%)

Available Seat Kilometres, mn

9,209.7

18,127.3

(49.2%)

64,734.3

128,207.8

(49.5%)

- international

933.4

10,338.6

(91.0%)

25,104.8

76,376.8

(67.1%)

- domestic

8,276.4

7,788.7

6.3%

39,629.5

51,831.0

(23.5%)

Passenger load factor, %

86.0%

90.2%

(4.2 p.p.)

72.0%

82.4%

(10.4 p.p.)

- international

72.3%

88.7%

(16.4 p.p.)

70.2%

81.0%

(10.8 p.p.)

- domestic

87.6%

92.3%

(4.7 p.p.)

73.1%

84.5%

(11.4 p.p.)

Cargo and mail carried, tonnes

20,461.9

29,174.9

(29.9%)

144,221.8

199,720.4

(27.8%)

- international

3,881.1

14,480.4

(73.2%)

57,091.8

110,760.7

(48.5%)

- domestic

16,580.7

14,694.5

12.8%

87,130.1

88,959.7

(2.1%)

Revenue Cargo Tonne Kilometres, mn

78.8

117.6

(33.0%)

639.2

824.7

(22.5%)

- international

19.9

66.1

(69.9%)

311.7

510.3

(38.9%)

- domestic

58.9

51.5

14.4%

327.5

314.4

4.2%

Revenue Tonne Kilometres, mn

791.7

1,590.0

(50.2%)

4,833.9

10,334.3

(53.2%)

- international

80.6

891.7

(91.0%)

1,898.3

6,078.9

(68.8%)

- domestic

711.1

698.2

1.8%

2,935.6

4,255.4

(31.0%)

Available Tonne Kilometres, mn

1,133.8

2,156.2

(47.4%)

8,159.3

15,246.1

(46.5%)

- international

168.9

1,227.9

(86.2%)

3,513.9

9,131.1

(61.5%)

- domestic

964.8

928.2

3.9%

4,645.5

6,115.0

(24.0%)

Revenue load factor, %

69.8%

73.7%

(3.9 p.p.)

59.2%

67.8%

(8.5 p.p.)

- international

47.7%

72.6%

(24.9 p.p.)

54.0%

66.6%

(12.5 p.p.)

- domestic

73.7%

75.2%

(1.5 p.p.)

63.2%

69.6%

(6.4 p.p.)

Revenue flights

25,793

41,500

(37.8%)

167,929

298,019

(43.7%)

- international

1,315

17,068

(92.3%)

39,824

125,196

(68.2%)

- domestic

24,478

24,432

0.2%

128,105

172,823

(25.9%)

Flight hours 

60,817

113,256

(46.3%)

436,267

819,508

(46.8%)

 

Aeroflot - Russian Airlines Operating Results

 

August 2020

August 2019

Change

8M 2020

8M 2019

Change

Passengers carried, thousand PAX

1,460.5

3,690.2

(60.4%)

10,302.6

25,176.3

(59.1%)

- international

125.8

1,935.9

(93.5%)

3,630.9

13,184.1

(72.5%)

- domestic

1,334.7

1,754.3

(23.9%)

6,671.6

11,992.2

(44.4%)

Revenue Passenger Kilometres, mn

3,003.3

9,965.2

(69.9%)

26,192.3

68,759.7

(61.9%)

- international

376.1

6,699.6

(94.4%)

13,337.9

46,821.5

(71.5%)

- domestic

2,627.2

3,265.6

(19.5%)

12,854.4

21,938.2

(41.4%)

Available Seat Kilometres, mn

3,825.0

11,346.8

(66.3%)

39,727.2

85,926.3

(53.8%)

- international

582.9

7,734.1

(92.5%)

19,968.3

59,313.0

(66.3%)

- domestic

3,242.1

3,612.7

(10.3%)

19,758.9

26,613.3

(25.8%)

Passenger load factor, %

78.5%

87.8%

(9.3 p.p.)

65.9%

80.0%

(14.1 p.p.)

- international

64.5%

86.6%

(22.1 p.p.)

66.8%

78.9%

(12.1 p.p.)

- domestic

81.0%

90.4%

(9.4 p.p.)

65.1%

82.4%

(17.4 p.p.)

Cargo and mail carried, tonnes

10,442.0

18,357.9

(43.1%)

96,510.6

137,029.9

(29.6%)

- international

3,540.3

11,988.8

(70.5%)

50,423.1

94,070.2

(46.4%)

- domestic

6,901.7

6,369.2

8.4%

46,087.5

42,959.7

7.3%

Revenue Cargo Tonne Kilometres, mn

47.3

83.7

(43.4%)

480.8

625.5

(23.1%)

- international

19.0

59.1

(67.8%)

285.9

461.0

(38.0%)

- domestic

28.4

24.6

15.1%

195.0

164.5

18.5%

Revenue Tonne Kilometres, mn

317.6

980.6

(67.6%)

2,838.1

6,813.8

(58.3%)

- international

52.8

662.0

(92.0%)

1,486.3

4,674.9

(68.2%)

- domestic

264.8

318.5

(16.9%)

1,351.8

2,138.9

(36.8%)

Available Tonne Kilometres, mn

505.9

1,365.8

(63.0%)

5,200.2

10,342.0

(49.7%)

- international

123.3

946.1

(87.0%)

2,876.1

7,249.1

(60.3%)

- domestic

382.6

419.7

(8.8%)

2,324.0

3,092.9

(24.9%)

Revenue load factor, %

62.8%

71.8%

(9.0 p.p.)

54.6%

65.9%

(11.3 p.p.)

- international

42.8%

70.0%

(27.1 p.p.)

51.7%

64.5%

(12.8 p.p.)

- domestic

69.2%

75.9%

(6.7 p.p.)

58.2%

69.2%

(11.0 p.p.)

Revenue flights

12,038

25,906

(53.5%)

101,509

194,161

(47.7%)

- international

869

12,474

(93.0%)

32,103

95,103

(66.2%)

- domestic

11,169

13,432

(16.8%)

69,406

99,058

(29.9%)

Flight hours 

27,630

73,206

(62.3%)

272,850

555,868

(50.9%)

 

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