OREANDA-NEWS. JSC "Aeroflot" ("the Company", Moscow Exchange ticker: AFLT) announces operating results of the Company for August 2014 and the first eight months (8M) of 2014.

* Passenger traffic in August 2014 totalled 2.37 mln, an 11.7% year-on-year increase. Passenger traffic on domestic routes increased by 36.0% year-on-year in August, driven in part by increased flight frequency on high-demand routes. International traffic declined 4.8% year-on-year in August 2014, primarily due to the Company ceasing to carry passengers under block charter agreements (the least profitable passenger segment) and corresponding optimisation of carrying capacities on international tourist routes. Lower frequency flights to Kiev and the suspension of flights to Donetsk, Kharkov and Odessa as well as reclassification of flights to Simferopol as domestic were among other factors impacting international traffic.

For 8M 2014, passenger traffic totalled 15.68 mln, a 13.9% year-on-year increase.

* Revenue passenger kilometres ("RPK") for August 2014 totalled 6.79 bln, a year-on-year increase of 12.0%. RPKs for domestic and international flights were up 30.8% and 2.7% year-on-year respectively. For 8M 2014, the Company's RPKs increased 12.3% year-on-year to 44.63 bln.

* In the first eight months of 2014 the Company expanded its fleet, including 13 new Airbus A320s, two new Boeing 737-800 and six new Boeing 777-300ERs. The new factory-direct planes contributed to the ongoing modernisation of the fleet, which is now the youngest in the World[1]. In 8M 2014 four Boeing 767-300ER aircraft exited the Aeroflot fleet as their leases expired, and seven Airbus A320 family aircraft were transferred to subsidiary airlines. Changes to the Company's fleet structure contributed to an increase in available seat kilometres ("ASK") of 11.0% year-on-year in August 2014 and 12.3% year-on-year in 8M 2014.

* The passenger load factor increased by 0.8 percentage points year-on-year in August 2014 to 86.7%. On domestic flights the passenger load factor was 90.5%, and 84.4% on international routes. For 8M 2014, the passenger load factor was 79.2%, unchanged year-on-year.

* Flight hours of the Company's fleet for both August 2014 and 8M 2014 increased by 8.8% year-on-year.