OREANDA-NEWS. JSC Aeroflot (Moscow Exchange ticker: AFLT) announces operating results of Aeroflot Group ("the Group") and Aeroflot Russian Airlines ("the Company") for March 2015 and the first three months of 2015.

January-March 2015 Operating Highlights

Passenger traffic for Aeroflot Group in 3M 2015 was 7.9 mln, up 15.2% year-on-year. Aeroflot Airline’s traffic was 5.5 mln during the same period, up 9.8% year-on-year.

Group revenue passenger kilometres ("RPKs") rose by 10.2% year-on-year for 3M 2015, while the Company posted 10.9% year-on-year RPK growth. The seat load factor increased by 0.7 percentage points (p.p.) year-on-year to 73.9% for the Group and by 0.8 p.p. year-on-year to 75.3% for the Company.

March 2015 Operating Highlights

In March 2015, Aeroflot Group passenger traffic was 2.8 mln, up 14.3% year-on-year. Aeroflot Airline’s traffic was 1.9 mln in March 2015, a year-on-year increase of 5.6%.

In March Group and Company RPKs increased by 9.6% and 6.8% year-on-year, respectively. Available seat kilometres for the same period rose by 9.3% year-on-year for Aeroflot Group and by 6.3% for Aeroflot Airline.

On domestic routes, Group traffic and RPKs grew by 30.5% and 24.6% year-on-year, respectively, in March 2015. This growth was mainly driven by increased flight frequencies and carrying capacities on high-demand routes. The Company’s traffic and RPKs in March were up by 8.2% and 4.3% year-on-year, respectively.

On international routes, Group traffic was down by 1.4% and RPKs was up by 1.1% year-on-year, respectively, in March 2015. Aeroflot Airline’s traffic and RPKs increased by 3.6% and 8.1% year-on-year, respectively. The growth on international routes was supported by a decrease in competition as a result of lowering of flight frequencies to Russia by several foreign carriers, as well as by growth of international transit traffic through Sheremetyevo airport.

In March 2015, the seat load factor increased by 0.2 p.p. year-on year to 74.8% for the Group and by 0.4 p.p. year on year to 76.4% for the Company.

Fleet Update

During 3M 2015, Aeroflot Airline added two Boeing 737-800s, two SSJ100s and one Boeing 777-300ER. The net increase in the Company’s fleet amounted to four aircraft.

During the same period, the Group added four Boeing 737-800s, one Airbus A319, two SSJ100s and one Boeing 777-300ER. Four Boeing 737-800s and one Il-96 were removed from the Aeroflot Group fleet. As of 31 March 2015, the Group’s fleet included 260 aircraft (excluding helicopters and one An-24 aircraft).

Aeroflot Group operating results

 

March
2015

March
2014

Change

 

3M

2015

3M

2014

Change

Passengers carried, thousand PAX

2,836.6

2,480.9

14.3%

 

7,941.7

6,894.7

15.2%

- international

1,241.2

1,258.6

 (1.4%)

 

3,527.2

3,561.0

 (0.9%)

- domestic

1,595.4

1,222.3

30.5%

 

4,414.5

3,333.7

32.4%

Revenue Passenger Kilometres, mln

7,154.3

6,528.1

9.6%

 

20,236.2

18,358.5

10.2%

- international

4,216.0

4,169.6

1.1%

 

11,983.9

11,878.2

0.9%

- domestic

2,938.3

2,358.5

24.6%

 

8,252.3

6,480.3

27.3%

Available Seat Kilometres, mln

9,567.5

8,753.3

9.3%

 

27,401.0

25,062.9

9.3%

- international

5,633.7

5,609.0

0.4%

 

16,245.1

16,184.8

0.4%

- domestic

3,933.8

3,144.3

25.1%

 

11,155.9

8,878.1

25.7%

Passenger load factor

74.8%

74.6%

0.2 p.p.

 

73.9%

73.2%

0.7 p.p.

- international

74.8%

74.3%

0.5 p.p.

 

73.8%

73.4%

0.4 p.p.

- domestic

74.7%

75.0%

(0.3 p.p.)

 

74.0%

73.0%

1.0 p.p.

Cargo and mail carried, tonnes

12,972.0

15,629.8

 (17.0%)

 

33,832.8

38,214.8

 (11.5%)

- international

6,746.1

8,778.9

 (23.2%)

 

17,188.2

21,080.4

 (18.5%)

- domestic

6,225.9

6,850.9

 (9.1%)

 

16,644.6

17,134.4

 (2.9%)

Revenue Cargo Tonne Kilometres, mln

54.2

68.8

 (21.2%)

 

140.9

162.6

 (13.3%)

- international

32.1

41.3

(22.3%)

 

80.7

97.0

 (16.8%)

- domestic

22.1

27.5

 (19.6%)

 

60.2

65.6

 (8.2%)

Revenue Tonne Kilometres, mln

698.0

656.3

6.4%

 

1,962.3

1,815.0

8.1%

- international

411.5

416.6

 (1.2%)

 

1,159.4

1,166.1

 (0.6%)

- domestic

286.5

239.7

19.5%

 

802.9

648.9

23.7%

Available Tonne Kilometres, mln

1,148.7

1,052.7

9.1%

 

3,290.7

2,995.7

9.8%

- international

702.1

674.1

4.2%

 

2,012.9

1,936.9

3.9%

- domestic

446.6

378.6

18.0%

 

1,277.8

1,058.8

20.7%

Revenue load factor

60.8%

62.3%

(1.5 p.p.)

 

59.6%

60.6%

 (1.0 p.p.)

- international

58.6%

61.8%

(3.2 p.p.)

 

57.6%

60.2%

 (2.6 p.p.)

- domestic

64.2%

63.3%

0.9 p.p.

 

62.8%

61.3%

1.5 p.p.

Flight hours for fleet

67,847

62,242

9.0%

 

195,005

179,808

8.5%

Aeroflot Russian Airlines operating results 

 

March 2015

March
2014

Change

 

3M
2015

3M

2014

Change

Passengers carried, thousand PAX

1,941.0

1,838.1

5.6%

 

5,471.0

4,981.6

9.8%

- international

1,063.9

1,027.4

3.6%

 

3,016.2

2,814.5

7.2%

- domestic

877.1

810.7

8.2%

 

2,454.8

2,167.1

13.3%

Revenue Passenger Kilometres, mln

5,626.2

5,266.7

6.8%

 

15,960.8

14,391.5

10.9%

- international

3,813.1

3,528.7

8.1%

 

10,836.9

9,714.4

11.6%

- domestic

1,813.1

1,738.0

4.3%

 

5,123.9

4,677.1

9.6%

Available Seat Kilometres, mln

7,364.9

6,926.1

6.3%

 

21,198.0

19,324.3

9.7%

- international

5,020.9

4,721.9

6.3%

 

14,463.1

13,251.6

9.1%

- domestic

2,344.0

2,204.2

6.3%

 

6,734.9

6,072.7

10.9%

Passenger load factor

76.4%

76.0%

0.4 p.p.

 

75.3%

74.5%

0.8 p.p.

- international

75.9%

74.7%

1.2 p.p.

 

74.9%

73.3%

1.6 p.p.

- domestic

77.4%

78.8%

(1.4 p.p.)

 

76.1%

77.0%

(0.9 p.p.)

Cargo and mail carried, tonnes

11,213.8

13,903.1

(19.3%)

 

29,180.1

33,456.6

(12.8%)

- international

6,532.3

8,542.9

(23.5%)

 

16,616.4

20,371.9

(18.4%)

- domestic

4,681.5

5,360.2

(12.7%)

 

12,563.7

13,084.7

(4.0%)

Revenue Cargo Tonne Kilometres, mln

50.3

65.4

(23.1%)

 

130.9

153.4

(14.7%)

- international

31.5

40.8

(22.8%)

 

79.5

95.4

(16.7%)

- domestic

18.8

24.6

(23.6%)

 

51.4

58.0

(11.4%)

Revenue Tonne Kilometres, mln

556.7

539.4

3.2%

 

1,567.4

1,448.6

8.2%

- international

374.7

358.4

4.5%

 

1,054.9

969.7

8.8%

- domestic

182.0

181.0

0.6%

 

512.5

478.9

7.0%

Available Tonne Kilometres, mln

915.9

857.7

6.8%

 

2,633.3

2,384.2

10.4%

- international

636.1

581.1

9.5%

 

1,820.6

1,627.1

11.9%

- domestic

279.8

276.6

1.2%

 

812.7

757.1

7.3%

Revenue load factor

60.8%

62.9%

(2.1 p.p.)

 

59.5%

60.8%

(1.3 p.p.)

- international

58.9%

61.7%

(2.8 p.p.)

 

57.9%

59.6%

(1.7 p.p.)

- domestic

65.0%

65.4%

(0.4 p.p.)

 

63.1%

63.3%

(0.2 p.p.)

Flight hours for fleet

47,735

45,227

5.5%

 

137,884

127,892

7.8%

About Aeroflot

Aeroflot is Russia’s flagship carrier and one of the largest airline groups in Europe. In 2014 Aeroflot carried 23.6 million passengers (34.7 million passengers as Aeroflot Group including subsidiaries) a record for any Russian airline. A proud member of the SkyTeam global airline alliance. Aeroflot and its partners serve 1,052 destinations in 177 countries worldwide. Aeroflot operates the youngest fleet in the world among major airlines, numbering 156 Airbus, Boeing and Sukhoi airliners. Aeroflot is among the global leaders in aviation safety. The Company’s European Community Safety Assessment of Foreign Aircraft (SAFA) Index, which is the main globally recognized safety parameter, is comparable to global peers. The first Russian carrier to enter the IATA Operational Safety Audit (IOSA) register, renewing its registration for the fifth time in 2013. Aeroflot has successfully passed the IATA Safety Audit for Ground Operations (ISAGO) and is fully ISO 9001:2008, ISO 14001:2004 compliant. In 2014 Aeroflot was named by SKYTRAX as the Best Airline in Eastern Europe for the third time. Find more at www.aeroflot.com.