Loading

Aeroflot Group Announces Operating Results for March 2021

Direct News Source

Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for March and 3M 2021[1].

Key highlights of March 2021[2]:

·         Aeroflot Group carried 2.8 million passengers, 5.9% down year-on-year;

·         2.4 million passengers carried in domestic segment, 19.4% up year-on-year;

·         Group’s RPK decreased by 22.7% year-on-year, ASK decreased by 40.9% year-on-year;

·         Aeroflot Group’s passenger load factor was 82.8%, a 19.5 percentage point increase year-on-year;

·         Pobeda Airlines carried 982.3 thousands passengers, a year-on-year increase of 31.3%.

Impact of COVID-19 pandemic

In 3M and March 2020, operating results were affected by the dynamics of demand and significant flight restrictions imposed amid the spread of the novel coronavirus infection.

In March 2021, Aeroflot Group continued to restore its domestic traffic volumes and partially restore international flights. In addition to flights to the United Arab Emirates, Maldives, Egypt, Belarus, Kazakhstan, Kyrgyzstan, South Korea, Japan, Serbia, Finland, Azerbaijan, Armenia, India, based on regulatory approval flights to the Seychelles were opened.

In April air travel with Turkey was suspended following a decision of the operational headquarters of Russia.
In general, international traffic remained significantly limited.

Fleet update

In March 2021 Aeroflot Airlines phased out one Airbus А330-200 and two Airbus А320, and transferred six SSJ100s to the fleet of Rossiya Airlines as part of intra-group redistribution. As of 31 March 2021,
the fleet of the Aeroflot Group consisted of 336 aircraft.

 

Net changes in the fleet

Number of aircraft

 

March 2021

3M 2021

as of 31.03.2021

Aeroflot Group

–3

–6

336

Aeroflot Airlines

–9

–20

221

Pobeda Airlines

34

Rossiya Airlines

+6

+14

81

Aeroflot Group Operating Results

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

 

March

 2021

March

 2020

Change

3M 2021

3M 2020

Change

Passengers carried, thousand PAX

2,769.2

2,942.0

(5.9%)

7,370.5

10,914.5

(32.5%)

- international

379.2

939.7

(59.6%)

904.9

4,445.1

(79.6%)

- domestic

2,390.0

2,002.4

19.4%

6,465.7

6,469.4

(0.1%)

Revenue Passenger Kilometres, mn

5,761.9

7,451.2

(22.7%)

15,243.2

28,649.1

(46.8%)

- international

1,264.0

3,640.8

(65.3%)

3,072.0

16,476.9

(81.4%)

- domestic

4,497.9

3,810.4

18.0%

12,171.2

12,172.2

0.0%

Available Seat Kilometres, mn

6,956.7

11,764.4

(40.9%)

19,035.0

40,073.6

(52.5%)

- international

1,721.2

5,979.5

(71.2%)

4,428.4

23,187.2

(80.9%)

- domestic

5,235.5

5,784.8

(9.5%)

14,606.6

16,886.4

(13.5%)

Passenger load factor, %

82.8%

63.3%

19.5 p.p.

80.1%

71.5%

8.6 p.p.

- international

73.4%

60.9%

12.5 p.p.

69.4%

71.1%

(1.7 p.p.)

- domestic

85.9%

65.9%

20.0 p.p.

83.3%

72.1%

11.2 p.p.

Cargo and mail carried, tonnes

22,715.1

23,166.8

(1.9%)

62,205.2

71,031.5

(12.4%)

- international

9,041.4

11,460.5

(21.1%)

24,980.3

39,098.8

(36.1%)

- domestic

13,673.7

11,706.2

16.8%

37,224.9

31,932.7

16.6%

Revenue Cargo Tonne Kilometres, mn

103.5

101.6

1.8%

275.4

304.3

(9.5%)

- international

53.9

58.9

(8.6%)

144.1

190.5

(24.4%)

- domestic

49.6

42.7

16.2%

131.3

113.8

15.4%

Revenue Tonne Kilometres, mn

622.0

772.2

(19.5%)

1,647.2

2,882.7

(42.9%)

- international

167.6

386.6

(56.6%)

420.6

1,673.4

(74.9%)

- domestic

454.4

385.6

17.8%

1,226.7

1,209.3

1.4%

Available Tonne Kilometres, mn

941.3

1,427.8

(34.1%)

2,567.7

4,838.3

(46.9%)

- international

328.3

757.7

(56.7%)

861.8

2,871.0

(70.0%)

- domestic

612.9

670.1

(8.5%)

1,705.9

1,967.3

(13.3%)

Revenue load factor, %

66.1%

54.1%

12.0 p.p.

64.2%

59.6%

4.6 p.p.

- international

51.1%

51.0%

0.1 p.p.

48.8%

58.3%

(9.5 p.p.)

- domestic

74.1%

57.5%

16.6 p.p.

71.9%

61.5%

10.4 p.p.

Revenue flights

20,123

28,023

(28.2%)

55,133

93,124

(40.8%)

- international

2,661

8,535

(68.8%)

6,904

35,648

(80.6%)

- domestic

17,462

19,488

(10.4%)

48,229

57,476

(16.1%)

Flight hours

50,247

75,571

(33.5%)

138,025

258,883

(46.7%)

Aeroflot Group Operating Results

Aeroflot Airlines

 

March 2021

March 2020

Change

3M 2021

3M 2020

Change

Passengers carried, thousand PAX

1,232.9

1,779.0

(30.7%)

3,270.2

6,930.3

(52.8%)

- international

284.3

729.9

(61.0%)

676.8

3,437.6

(80.3%)

- domestic

948.6

1,049.2

(9.6%)

2,593.4

3,492.8

(25.7%)

Revenue Passenger Kilometres, mn

2,921.9

4,732.6

(38.3%)

7,625.8

19,123.3

(60.1%)

- international

1,008.1

2,760.8

(63.5%)

2,470.7

12,670.8

(80.5%)

- domestic

1,913.8

1,971.8

(2.9%)

5,155.1

6,452.6

(20.1%)

Available Seat Kilometres, mn

3,785.4

8,246.8

(54.1%)

10,337.0

28,684.5

(64.0%)

- international

1,436.8

4,854.3

(70.4%)

3,724.9

18,757.9

(80.1%)

- domestic

2,348.6

3,392.6

(30.8%)

6,612.1

9,926.6

(33.4%)

Passenger load factor, %

77.2%

57.4%

19.8 p.p.

73.8%

66.7%

7.1 p.p.

- international

70.2%

56.9%

13.3 p.p.

66.3%

67.5%

(1.2 p.p.)

- domestic

81.5%

58.1%

23.4 p.p.

78.0%

65.0%

13.0 p.p.

Revenue flights

9,569

19,808

(51.7%)

27,397

66,852

(59.0%)

- international

2,021

7,176

(71.8%)

5,313

29,640

(82.1%)

- domestic

7,548

12,632

(40.2%)

22,084

37,212

(40.7%)

Flight hours

25,802

53,945

(52.2%)

73,156

188,735

(61.2%)

Pobeda Airlines

 

March 2021

March 2020

Change

3M 2021

3M 2020

Change

Passengers carried, thousand PAX

982.3

748.0

31.3%

2,755.0

2,492.7

10.5%

- international

59.8

78.5

(23.8%)

160.5

447.4

(64.1%)

- domestic

922.5

669.4

37.8%

2,594.5

2,045.3

26.9%

Revenue Passenger Kilometres, mn

1,630.1

1,305.3

24.9%

4,581.9

4,482.9

2.2%

- international

147.3

175.2

(16.0%)

395.2

998.2

(60.4%)

- domestic

1,482.8

1,130.0

31.2%

4,186.7

3,484.7

20.1%

Available Seat Kilometres, mn

1,739.0

1,551.1

12.1%

4,969.6

4,917.1

1.1%

- international

161.2

242.6

(33.6%)

467.1

1,141.0

(59.1%)

- domestic

1,577.8

1,308.5

20.6%

4,502.5

3,776.2

19.2%

Passenger load factor, %

93.7%

84.2%

9.6 p.p.

92.2%

91.2%

1.0 p.p.

- international

91.4%

72.2%

19.1 p.p.

84.6%

87.5%

(2.9 p.p.)

- domestic

94.0%

86.4%

7.6 p.p.

93.0%

92.3%

0.7 p.p.

Revenue flights

5,579

4,713

18.4%

15,844

14,509

9.2%

- international

348

574

(39.4%)

1,008

2,720

(62.9%)

- domestic

5,231

4,139

26.4%

14,836

11,789

25.8%

Flight hours

12,470

11,000

13.4%

35,780

35,075

2.0%

Rossiya Airlines

 

March 2021

March 2020

Change

3M 2021

3M 2020

Change

Passengers carried, thousand PAX

554.0

415.1

33.5%

1,345.3

1,491.4

(9.8%)

- international

35.0

131.3

(73.3%)

67.6

560.1

(87.9%)

- domestic

519.0

283.8

82.9%

1,277.7

931.4

37.2%

Revenue Passenger Kilometres, mn

1,209.9

1,413.3

(14.4%)

3,035.5

5,042.8

(39.8%)

- international

108.6

704.7

(84.6%)

206.1

2,807.9

(92.7%)

- domestic

1,101.3

708.6

55.4%

2,829.4

2,234.9

26.6%

Available Seat Kilometres, mn

1,432.3

1,966.5

(27.2%)

3,728.3

6,472.0

(42.4%)

- international

123.2

882.7

(86.0%)

236.3

3,288.3

(92.8%)

- domestic

1,309.1

1,083.8

20.8%

3,492.0

3,183.6

9.7%

Passenger load factor, %

84.5%

71.9%

12.6 p.p.

81.4%

77.9%

3.5 p.p.

- international

88.1%

79.8%

8.3 p.p.

87.2%

85.4%

1.8 p.p.

- domestic

84.1%

65.4%

18.7 p.p.

81.0%

70.2%

10.8 p.p.

Revenue flights

4,975

3,502

42.1%

11,892

11,763

1.1%

- international

292

785

(62.8%)

583

3,288

(82.3%)

- domestic

4,683

2,717

72.4%

11,309

8,475

33.4%

Flight hours

11,975

10,626

12.7%

29,089

35,073

(17.1%)

Appendix 1.

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

 

March

 2021

March

 2020

Change

3M 2021

3M 2020

Change

Passengers carried, thousand PAX

2,769.2

3,017.3

(8.2%)

7,370.5

11.195.9

(34.2%)

- international

379.2

946.5

(59.9%)

904.9

4,514.5

(80.0%)

- domestic

2,390.0

2,070.8

15.4%

6,465.7

6,681.5

(3.2%)

Revenue Passenger Kilometres, mn

5,761.9

7,553.2

(23.7%)

15,243.2

29,037.7

(47.5%)

- international

1,264.0

3,651.3

(65.4%)

3,072.0

16,580.9

(81.5%)

- domestic

4,497.9

3,901.9

15.3%

12,171.2

12,456.8

(2.3%)

Available Seat Kilometres, mn

6,956.7

11,994.0

(42.0%)

19,035.0

40,791.6

(53.3%)

- international

1,721.2

6,030.2

(71.5%)

4,428.4

23,384.2

(81.1%)

- domestic

5,235.5

5,963.8

(12.2%)

14,606.6

17,407.4

(16.1%)

Passenger load factor, %

82.8%

63.0%

19.9 p.p.

80.1%

71.2%

8.9 p.p.

- international

73.4%

60.5%

12.9 p.p.

69.4%

70.9%

(1.5 p.p.)

- domestic

85.9%

65.4%

20.5 p.p.

83.3%

71.6%

11.8 p.p.

Cargo and mail carried, tonnes

22,715.1

23,719.6

(4.2%)

62,205.2

72,505.8

(14.2%)

- international

9,041.4

11,495.3

(21.3%)

24,980.3

39,217.7

(36.3%)

- domestic

13,673.7

12,224.3

11.9%

37,224.9

33,288.0

11.8%

Revenue Cargo Tonne Kilometres, mn

103.5

102.6

0.9%

275.4

306.8

(10.2%)

- international

53.9

59.0

(8.7%)

144.1

190.7

(24.4%)

- domestic

49.6

43.6

13.8%

131.3

116.1

13.1%

Revenue Tonne Kilometres, mn

622.0

782.4

(20.5%)

1,647.2

2,920.2

(43.6%)

- international

167.6

387.6

(56.8%)

420.6

1,683.0

(75.0%)

- domestic

454.4

394.8

15.1%

1,226.7

1,237.2

(0.9%)

Available Tonne Kilometres, mn

941.3

1,451.6

(35.2%)

2,567.7

4,913.8

(47.7%)

- international

328.3

763.1

(57.0%)

861.8

2,892.6

(70.2%)

- domestic

612.9

688.5

(11.0%)

1,705.9

2,021.2

(15.6%)

Revenue load factor, %

66.1%

53.9%

12.2 p.p.

64.2%

59.4%

4.7 p.p.

- international

51.1%

50.8%

0.3 p.p.

48.8%

58.2%

(9.4 p.p.)

- domestic

74.1%

57.3%

16.8 p.p.

71.9%

61.2%

10.7 p.p.

Revenue flights

20,123

29,698

(32.2%)

55,133

98,454

(44.0%)

- international

2,661

8,792

(69.7%)

6,904

36,762

(81.2%)

- domestic

17,462

20,906

(16.5%)

48,229

61,692

(21.8%)

Flight hours

50,247

78,651

(36.1%)

138,025

268,530

(48.6%)

This press release was sourced from Aeroflot on 22-Apr-2021.