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Aeroflot Group Announces Operating Results for January 2021

Direct News Source

Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for January 2021[1].

Key highlights of January 2021[2]:

  • Aeroflot Group carried 2.4 million passengers, 42.7% down year-on-year;
  • 2.1 million passengers carried in domestic segment, 8.0% down year-on-year;
  • Group's RPK decreased by 56.0% year-on-year, ASK decreased by 57.2% year-on-year;
  • Aeroflot Group's passenger load factor was 77.2%, a 2.1 percentage point increase versus
    the same period a year earlier;
  • Pobeda Airlines carried 928.0 thousands passengers, a year-on-year increase of 0.5%.

Impact of coronavirus pandemic

The operating results of January 2021 were affected by the dynamics of demand and significant flight restrictions imposed amid the spread of the novel coronavirus infection.

In January 2021 Aeroflot Group continued to restore its domestic traffic volumes and partially restore international flights. In addition to flights to Turkey, the United Arab Emirates, Maldives, Egypt, Belarus, Kazakhstan, Kyrgyzstan, South Korea, Japan and Serbia, based on regulatory approval flights to Helsinki (Finland) were added with limited frequency. In February flights to Baku (Azerbaijan), Yerevan (Armenia) and Delhi (India) have also recommenced, and the frequency of flights to a number of destinations was increased. However, in general, international traffic remained significantly limited.

Fleet update

In January 2021 Aeroflot Airlines phased out one Airbus А320 and one Airbus A330-200, and also transferred three SSJ100s to the fleet of Rossiya Airlines as part of intra-group redistribution. As of 31 January 2021, the fleet of the Aeroflot Group consisted of 340 aircraft.

Net changes in the fleet

Number of aircraft

January 2021

as of 31.01.2021

Aeroflot Group

-2

340

Aeroflot Airlines

-5

236

Pobeda Airlines

-

34

Rossiya Airlines

+3

70

Aeroflot Group Operating Results

(pro forma, excluding the results of Aurora Airlines in 2020)[3]

January 2021

January 2020

Change

Passengers carried, thousand PAX

2,363.6

4,126.4

(42.7%)

- international

259.6

1,839.4

(85.9%)

- domestic

2,104.1

2,287.0

(8.0%)

Revenue Passenger Kilometres, mn

4,877.0

11,087.0

(56.0%)

- international

901.3

6,797.9

(86.7%)

- domestic

3,975.7

4,289.2

(7.3%)

Available Seat Kilometres, mn

6,321.3

14,765.6

(57.2%)

- international

1,390.9

8,965.3

(84.5%)

- domestic

4,930.3

5,800.3

(15.0%)

Passenger load factor, %

77.2%

75.1%

2.1 p.p.

- international

64.8%

75.8%

(11.0 p.p.)

- domestic

80.6%

73.9%

6.7 p.p.

Cargo and mail carried, tonnes

18,525.3

22,978.3

(19.4%)

- international

7,217.6

13,429.1

(46.3%)

- domestic

11,307.8

9,549.2

18.4%

Revenue Cargo Tonne Kilometres, mn

80.7

95.5

(15.6%)

- international

42.3

63.2

(33.0%)

- domestic

38.3

32.3

18.6%

Revenue Tonne Kilometres, mn

519.6

1,093.4

(52.5%)

- international

123.4

675.0

(81.7%)

- domestic

396.1

418.4

(5.3%)

Available Tonne Kilometres, mn

836.6

1,780.6

(53.0%)

- international

261.5

1,102.8

(76.3%)

- domestic

575.1

677.8

(15.1%)

Revenue load factor, %

62.1%

61.4%

0.7 p.p.

- international

47.2%

61.2%

(14.0 p.p.)

- domestic

68.9%

61.7%

7.2 p.p.

Revenue flights

18,330

33,861

(45.9%)

- international

2,187

14,088

(84.5%)

- domestic

16,143

19,773

(18.4%)

Flight hours

45,767

95,626

(52.1%)

Aeroflot Group Operating Results

Aeroflot Airlines

January 2021

January 2020

Change

Passengers carried, thousand PAX

1.044.4

2,636.1

(60.4%)

- international

192.7

1,423.3

(86.5%)

- domestic

851.7

1,212.8

(29.8%)

Revenue Passenger Kilometres, mn

2,406.3

7,506.7

(67.9%)

- international

728.6

5,279.1

(86.2%)

- domestic

1,677.6

2,227.6

(24.7%)

Available Seat Kilometres, mn

3,424.3

10,610.1

(67.7%)

- international

1,167.8

7,245.1

(83.9%)

- domestic

2,256.5

3,364.9

(32.9%)

Passenger load factor, %

70.3%

70.8%

(0.5 p.p.)

- international

62.4%

72.9%

(10.5 p.p.)

- domestic

74.3%

66.2%

8.1 p.p.

Revenue flights

9,494

24,256

(60.9%)

- international

1,693

11,648

(85.5%)

- domestic

7,801

12,608

(38.1%)

Flight hours

24,919

69,865

(64.3%)

Pobeda Airlines

January 2021

January 2020

Change

Passengers carried, thousand PAX

928.0

922.9

0.5%

- international

51.8

195.0

(73.4%)

- domestic

876.1

727.9

20.4%

Revenue Passenger Kilometres, mn

1,543.3

1,682.7

(8.3%)

- international

127.6

436.4

(70.8%)

- domestic

1,415.6

1,246.3

13.6%

Available Seat Kilometres, mn

1,709.3

1,782.0

(4.1%)

- international

168.8

476.3

(64.6%)

- domestic

1,540.5

1,305.6

18.0%

Passenger load factor, %

90.3%

94.4%

(4.1 p.p.)

- international

75.6%

91.6%

(16.0 p.p.)

- domestic

91.9%

95.5%

(3.6 p.p.)

Revenue flights

5,423

5,187

4.5%

- international

364

1,135

(67.9%)

- domestic

5,059

4,052

24.9%

Flight hours

12,353

12,782

(3.4%)

Rossiya Airlines

January 2021

January 2020

Change

Passengers carried, thousand PAX

391.3

567.4

(31.0%)

- international

15.1

221.1

(93.2%)

- domestic

376.2

346.3

8.6%

Revenue Passenger Kilometres, mn

927.5

1,897.6

(51.1%)

- international

45.1

1,082.4

(95.8%)

- domestic

882.5

815.2

8.2%

Available Seat Kilometres, mn

1,187.7

2,373.6

(50.0%)

- international

54.3

1,243.8

(95.6%)

- domestic

1,133.3

1,129.7

0.3%

Passenger load factor, %

78.1%

79.9%

(1.9 p.p.)

- international

83.0%

87.0%

(4.1 p.p.)

- domestic

77.9%

72.2%

5.7 p.p.

Revenue flights

3,413

4,418

(22.7%)

- international

130

1,305

(90.0%)

- domestic

3,283

3,113

5.5%

Flight hours

8,494

12,979

(34.6%)

Appendix 1.

Aeroflot Group Operating Results (including the results of Aurora Airlines in 2020)[4]

January 2021

January 2020

Change

Passengers carried, thousand PAX

2,363.6

4,234.4

(44.2%)

- international

259.6

1,876.1

(86.2%)

- domestic

2,104.1

2,358.3

(10.8%)

Revenue Passenger Kilometres, mn

4,877.0

11,238.3

(56.6%)

- international

901.3

6,851.9

(86.8%)

- domestic

3,975.7

4,386.4

(9.4%)

Available Seat Kilometres, mn

6,321.3

15,019.6

(57.9%)

- international

1,390.9

9,044.6

(84.6%)

- domestic

4,930.3

5,975.0

(17.5%)

Passenger load factor, %

77.2%

74.8%

2.3 p.p.

- international

64.8%

75.8%

(11.0 p.p.)

- domestic

80.6%

73.4%

7.2 p.p.

Cargo and mail carried, tonnes

18,525.3

23,385.3

(20.8%)

- international

7,217.6

13,472.4

(46.4%)

- domestic

11,307.8

9,912.9

14.1%

Revenue Cargo Tonne Kilometres, mn

80.7

96.2

(16.2%)

- international

42.3

63.3

(33.1%)

- domestic

38.3

33.0

16.3%

Revenue Tonne Kilometres, mn

519.6

1,107.7

(53.1%)

- international

123.4

679.9

(81.8%)

- domestic

396.1

427.7

(7.4%)

Available Tonne Kilometres, mn

836.6

1,807.7

(53.7%)

- international

261.5

1,111.6

(76.5%)

- domestic

575.1

696.1

(17.4%)

Revenue load factor, %

62.1%

61.3%

0.8 p.p.

- international

47.2%

61.2%

(14.0 p.p.)

- domestic

68.9%

61.5%

7.4 p.p.

Revenue flights

18,330

35,790

(48.8%)

- international

2,187

14,566

(85.0%)

- domestic

16,143

21,224

(23.9%)

Flight hours

45,767

99.073

(53.8%)

This press release was sourced from Aeroflot on 24-Feb-2021.