OREANDA-NEWS. Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for November and eleven months of 2017.

January–November 2017 Operating Highlights

In eleven months of 2017, Aeroflot Group carried 46.4 million passengers, up 15.9% year-on-year. Aeroflot airline carried 30.3 million passengers, a year-on-year increase of 13.8%.

Group and Company RPKs increased by 16.8% and 11.3% year-on-year, respectively. ASKs rose by 14.8% year-on-year for Aeroflot Group and by 10.5% for Aeroflot airline.

The passenger load factor increased by 1.4 p.p. year-on-year to 83.2% for the Group and by 0.6 p.p. year-on-year to 82.2% for the Company.

November 2017 Operating Highlights

In November 2017, Aeroflot Group carried 3.7 million passengers, up 11.4% year-on-year. Aeroflot airline carried 2.6 million passengers, a year-on-year increase of 11.8%.

Group and Company RPKs increased by 10.7%. ASKs rose by 8.1% year-on-year for Aeroflot Group and by 10.3% for Aeroflot airline.

On domestic routes, Group passengers carried and RPKs grew by 11.0% and 10.7% year-on-year, respectively. ASKs grew by 4.9% year-on-year. Company passengers carried and RPKs on domestic routes were up 14.3% and 13.7% year-on-year, respectively. ASKs grew by 11.8%.

In November 2017, the number of passengers carried on the Group’s international routes increased by 12.0% year-on-year. RPKs increased by 10.7%, while capacity grew by 10.2%. The number of passengers carried by Aeroflot airline on international routes increased by 9.5%. RPKs increased by 9.2% and ASKs by 9.7%. Growth in the international segment was driven by stable demand in the context of a strengthening ruble, increased flight frequencies and the launch of flights to new international destinations, as well as the development of Rossiya’s partnerships with tour operators and of Pobeda’s international route network.

The passenger load factor increased by 1.8 p.p. year-on-year to 79.5% for the Group. For the Company the passenger load factor increased by 0.3 p.p. year-on-year to 78.0%.

Fleet Update

In November 2017, the Group added nine aircraft: five Boeing 737-800s, two Airbus A320 and two SSJ100. At the same time one Boeing 737-800 was phased out of the Aeroflot Group fleet.  Overall, since the start of the year the Group fleet increased by 36 aircraft, bringing the total fleet to 321 aircraft as of 30 November 2017 (excluding one An-24 which was leased out and six An-148 which were subleased).

In November 2017, Aeroflot airline added six aircraft: two Boeing 737-800, two Airbus A320 and two SSJ100. Overall, since the start of the year the fleet of Aeroflot airline increased by 31 aircraft, bringing the total fleet to 220 aircraft as of 30 November 2017.

Aeroflot Group Operating Results

 

November
2017

November
2016

Change

11 months 2017

11 months 2016

Change

Passengers carried, thousand PAX

3,730.4

3,348.0

     11.4%

46,371.5

40,011.2

     15.9%

- international 

1,662.3

1,484.7

     12.0%

20,880.2

16,784.5

     24.4%

- domestic

2,068.1

1,863.2

     11.0%

25,491.3

23,226.7

      9.8%

Revenue Passenger Kilometres, mn

9,744.7

8,803.0

10.7%

120,396.5

103,105.7

16.8%

- international 

5,896.5

5,327.4

     10.7%

71,106.8

58,054.7

     22.5%

- domestic

3,848.2

3,475.6

     10.7%

49,289.7

45,051.0

      9.4%

Available Seat Kilometres, mn

12,249.8

11,327.8

       8.1%

144,715.8

126,005.3

     14.8%

- international 

7,557.8

6,855.2

     10.2%

85,707.5

72,327.7

     18.5%

- domestic

4,692.0

4,472.6

      4.9%

59,008.3

53,677.6

      9.9%

Passenger load factor, %

79.5%

77.7%

    1.8 p.p.

83.2%

81.8%

     1.4 p.p.

- international 

78.0%

77.7%

     0.3 p.p.

83.0%

80.3%

    2.7 p.p.

- domestic

82.0%

77.7%

     4.3 p.p.

83.5%

83.9%

   (0.4 p.p.)

Cargo and mail carried, tonnes

27,457.4

21,444.3

     28.0%

246,177.5

181,097.8

     35.9%

- international 

16,331.3

11,134.0

     46.7%

138,248.6

84,874.1

     62.9%

- domestic

11,126.1

10,310.2

      7.9%

107,928.9

96,223.7

     12.2%

Revenue Cargo Tonne Kilometres, mn

122.5

96.7

     26.7%

1,114.8

806.7

     38.2%

- international 

80.3

54.3

     47.9%

683.2

404.6

     68.9%

- domestic

42.2

42.4

     (0.5%)

431.6

402.1

      7.3%

Revenue Tonne Kilometres, mn

999.5

889.0

     12.4%

11,950.6

10,086.2

     18.5%

- international 

610.9

533.8

     14.5%

7,082.9

5,629.5

     25.8%

- domestic

388.6

355.3

      9.4%

4,867.7

4,456.7

      9.2%

Available Tonne Kilometres, mn

1,459.4

1,394.6

       4.6%

17,363.4

15,315.7

     13.4%

- international 

907.7

847.9

      7.1%

10,263.4

8,868.5

     15.7%

- domestic

551.7

546.7

      0.9%

7,100.1

6,447.2

     10.1%

Revenue load factor, %

68.5%

63.7%

    4.7 p.p.

68.8%

65.9%

     3.0 p.p.

- international 

67.3%

63.0%

    4.4 p.p.

69.0%

63.5%

    5.5 p.p.

- domestic

70.4%

65.0%

     5.5 p.p.

68.6%

69.1%

   (0.6 p.p.)

Revenue flights

29,403

26,653

     10.3%

338,474

304,433

     11.2%

- international 

12,380

11,077

     11.8%

140,890

124,680

     13.0%

- domestic

17,023

15,576

      9.3%

197,584

179,753

      9.9%

Flight hours for fleet

80,932

73,289

     10.4%

926,216

836,492

     10.7%

Aeroflot – Russian Airlines Operating Results

 

November
2017

November
2016

Change

11 months 2017

11 months 2016

Change

Passengers carried, thousand PAX

2,575.8

2,304.7

     11.8%

30,277.7

26,616.7

     13.8%

- international 

1,339.5

1,223.0

      9.5%

15,801.7

13,629.7

     15.9%

- domestic

1,236.3

1,081.7

     14.3%

14,476.0

12,987.0

     11.5%

Revenue Passenger Kilometres, mn

7,233.9

6,536.6

10.7%

84,573.2

75,978.7

11.3%

- international 

4,852.1

4,442.7

      9.2%

55,778.2

48,830.7

     14.2%

- domestic

2,381.8

2,093.9

     13.7%

28,795.0

27,148.0

      6.1%

Available Seat Kilometres, mn

9,277.4

8,410.7

     10.3%

102,862.7

93,057.9

     10.5%

- international 

6,386.1

5,823.5

      9.7%

68,781.1

61,393.1

     12.0%

- domestic

2,891.3

2,587.2

     11.8%

34,081.6

31,664.8

      7.6%

Passenger load factor, %

78.0%

77.7%

  0.3  p.p.

82.2%

81.6%

       0.6 p.p.

- international 

76.0%

76.3%

(0.3 p.p.)

81.1%

79.5%

       1.6 p.p.

- domestic

82.4%

80.9%

   1.5 p.p.

84.5%

85.7%

     (1.2 p.p.)

Cargo and mail carried, tonnes

21,991.8

17,522.9

     25.5%

205,852.4

155,189.9

     32.6%

- international 

15,472.8

10,990.6

     40.8%

134,690.5

83,146.5

     62.0%

- domestic

6,519.0

6,532.3

     (0.2%)

71,161.9

72,043.4

     (1.2%)

Revenue Cargo Tonne Kilometres, mn

103.8

79.4

     30.7%

958.1

718.7

     33.3%

- international 

77.7

54.0

     43.9%

669.4

400.7

     67.1%

- domestic

26.1

25.4

      2.9%

288.7

318.0

     (9.2%)

Revenue Tonne Kilometres, mn

754.8

667.7

     13.0%

8,569.7

7,556.8

     13.4%

- international 

514.3

453.8

     13.3%

5,689.5

4,795.5

     18.6%

- domestic

240.5

213.9

     12.4%

2,880.2

2,761.3

      4.3%

Available Tonne Kilometres, mn

1,121.7

1,046.3

       7.2%

12,548.7

11,613.8

       8.0%

- international 

782.4

735.2

      6.4%

8,433.6

7,657.9

     10.1%

- domestic

339.3

311.1

      9.1%

4,115.1

3,955.9

      4.0%

Revenue load factor, %

67.3%

63.8%

  3.5 p.p.

68.3%

65.1%

    3.2 p.p.

- international 

65.7%

61.7%

   4.0 p.p.

67.5%

62.6%

       4.9 p.p.

- domestic

70.9%

68.8%

  2.1 p.p.

70.0%

69.8%

       0.2 p.p.

Revenue flights

20,289

18,146

     11.8%

222,822

200,315

     11.2%

- international 

10,199

9,205

     10.8%

110,652

100,794

      9.8%

- domestic

10,090

8,941

     12.9%

112,170

99,521

     12.7%

Flight hours for fleet

59,069

52,790

     11.9%

642,701

585,342

       9.8%