Tuesday, 20 October 2020

Aeroflot strengthens position as leading global aviation group; Russian market rebounds

Aeroflot strengthened its position among leading global airline groups, ranking in the top three by passenger traffic growth (9%) and in the top five for RPK growth (9.2%).

Pobeda, the Group’s low-cost carrier and a key growth driver for the Group, had the second highest passenger load factor anywhere in the world (94%), according to an analysis of data from airlines globally for 2019 by Airline Business. Pobeda was also a global leader by passenger traffic growth (43.2%), behind only Indonesia AirAsia (52.1%).

Aeroflot today also reported strong operating results on domestic routes for September and Q3 2020, as the Russian passenger aviation market rebounds following the initial impact of the COVID-19 pandemic. Aeroflot Group carried 3.1 million passengers on domestic routes in September 2020.

Pobeda recorded a significant year-on-year increase in passenger numbers of 17.8%, carrying 1.1 million passengers domestically during the month. The low-cost point-to-point carrier carried 3.4 million passengers in Q3 3020, a year-on-year increase of 12.0%.

Aeroflot Group's domestic traffic matched the levels of 2019 in August and September. According to IATA, the Russian domestic passenger aviation market is the only major market globally where volumes have fully recovered on a year-on-year basis. Russian domestic travel recovered much faster than other markets, including China, where the domestic market is still 20% below comparable indicators for the year-ago period.

Russians have returned to flying following the initial impact of the COVID-19 pandemic, with many electing to take holidays domestically. Aeroflot Group has seen higher demand for Black Sea resorts as well as outbound- tourism and cultural destinations including the northern Caucasus, Lake Baikal, Altai mountains, the Russian Far East and cities in Northwest Russia such as St Petersburg, Murmansk and Kaliningrad.

Aeroflot was the world’s 14th largest airline group by RPKs (156,250) in 2019, significantly ahead of many major legacy carriers. Aeroflot Group ranked 17th globally by passenger traffic (60.7 mln) and 18th by operating income (USD 938 mln).


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