Moscow, 21 May 2018 - Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group ("the Group") and Aeroflot - Russian Airlines ("the Company") for April and 4M 2018[1].

January - April 2018 Operating Highlights

In 4M 2018, Aeroflot Group carried 15.2 million passengers, up 7.2% year-on-year. Aeroflot airline carried 10.2 million passengers, a year-on-year increase of 6.0%. Group and Company RPKs increased by 7.2% and 4.9% year-on-year, respectively. ASKs rose by 7.4% year-on-year for the Group and by 7.5% year-on-year for the Company. The passenger load factor decreased by 0.2 p.p. year-on-year to 79.1% for Aeroflot Group and by 2.0 p.p. to 77.2% for Aeroflot airline.

April 2018 Operating Highlights

In April 2018, Aeroflot Group carried 4.2 million passengers, up 8.8% year-on-year. Aeroflot airline carried 2.8 million passengers, a year-on-year increase of 7.5%.

Group and Company RPKs were up 8.4% and 5.6% year-on-year, respectively. ASKs rose by 11.0% for Aeroflot Group and by 11.3% for Aeroflot airline.

On domestic routes, Group passengers carried and RPKs grew by 9.0% and 10.8% year-on-year, respectively. ASKs grew by 8.9% year-on-year. Company passengers carried and RPKs increased by 10.2% and 8.6% year-on-year, respectively. ASKs grew by 11.0%.

In April 2018, the number of passengers carried on the Group's international routes increased by 8.6% year-on-year. RPKs grew by 6.8%, while capacity grew by 12.6%. The number of passengers carried by Aeroflot airline on international routes increased by 4.9%. RPKs grew by 4.1%, ASKs by 11.4%.

The passenger load factor decreased by 2.0 p.p. year-on-year to 80.7% for Aeroflot Group and by 4.2 p.p. to 79.3% for Aeroflot airline. The significant increase in the passenger load factor in April 2017 driven by appreciation of the rouble created a high base factor, leading to a non-material normalisation of this indicator in the April 2018 reporting period. (In April 2017, the passenger load factor increased by 3.3 p.p. year-on-year for the Group and by 3.0 p.p. year-on-year for the Company).

Fleet update

In April 2018, Aeroflot Group added five aircraft: two Airbus A320, two Boeing 737-800 and one Boeing 777-300 and one SSJ100. One Airbus A321 was phased out. As of 30 April 2018, the Group fleet had 340 aircraft2.

Aeroflot airline added four aircraft: two Airbus A320 and two Boeing 737-800. One Airbus A321 was phased out. As of 30 April 2018, the Company fleet had 235 aircraft.

Net changes in the fleet Number of aircraft[2] as of 30.04.2018
April 2018 4M 2018
Aeroflot Group +4 +14 340
Aeroflot airline +3 +11 235
Aeroflot Group Operating Results
April
2018
April
2017
Change 4M 2018 4M 2017 Change
Passengers carried, thousand PAX 4,185.3 3,847.1 8.8% 15,170.5 14,148.6 7.2%
- international 1,851.3 1,705.0 8.6% 6,739.1 6,282.7 7.3%
- domestic 2,334.1 2,142.1 9.0% 8,431.4 7,865.9 7.2%
Revenue Passenger Kilometres, mln 10,773.3 9,937.1 8.4% 39,516.3 36,870.6 7.2%
- international 6,343.8 5,939.3 6.8% 23,911.5 22,470.3 6.4%
- domestic 4,429.5 3,997.8 10.8% 15,604.8 14,400.4 8.4%
Available Seat Kilometres, mln 13,343.7 12,016.1 11.0% 49,967.3 46,526.1 7.4%
- international 7,957.3 7,068.5 12.6% 30,461.2 27,915.2 9.1%
- domestic 5,386.3 4,947.6 8.9% 19,506.1 18,610.9 4.8%
Passenger load factor, % 80.7% 82.7% (2.0 p.p.) 79.1% 79.2% (0.2 p.p.)
- international 79.7% 84.0% (4.3 p.p.) 78.5% 80.5% (2.0 p.p.)
- domestic 82.2% 80.8% 1.4 p.p. 80.0% 77.4% 2.6 p.p.
Cargo and mail carried, tonnes 23,997.4 21,956.7 9.3% 86,663.6 79,136.8 9.5%
- international 13,723.6 12,253.0 12.0% 49,734.0 45,041.6 10.4%
- domestic 10,273.7 9,703.8 5.9% 36,929.6 34,095.3 8.3%
Revenue Cargo Tonne Kilometres, mln 104.2 98.8 5.4% 374.8 357.6 4.8%
- international 66.4 60.9 8.9% 237.8 223.4 6.4%
- domestic 37.8 37.9 (0.3%) 137.0 134.2 2.1%
Revenue Tonne Kilometres, mln 1,073.8 993.2 8.1% 3,931.2 3,675.9 6.9%
- international 637.3 595.5 7.0% 2,389.8 2,245.8 6.4%
- domestic 436.4 397.7 9.7% 1,541.4 1,430.3 7.8%
Available Tonne Kilometres, mln 1,572.7 1,441.5 9.1% 5,900.2 5,662.4 4.2%
- international 941.8 848.0 11.1% 3,624.6 3,417.6 6.1%
- domestic 630.8 593.5 6.3% 2,275.6 2,244.8 1.4%
Revenue load factor, % 68.3% 68.9% (0.6 p.p.) 66.6% 64.9% 1.7 p.p.
- international 67.7% 70.2% (2.6 p.p.) 65.9% 65.7% 0.2 p.p.
- domestic 69.2% 67.0% 2.2 p.p. 67.7% 63.7% 4.0 p.p.
Revenue flights 32,028 29,042 10.3% 120,566 111,392 8.2%
- international 13,428 11,976 12.1% 50,297 45,741 10.0%
- domestic 18,600 17,066 9.0% 70,269 65,651 7.0%
Flight hours for fleet 87,998 79,136 11.2% 329,952 304,095 8.5%
Aeroflot - Russian Airlines Operating Results
April
2018
April
2017
Change 4M 2018 4M 2017 Change
Passengers carried, thousand PAX 2,819.9 2,624.3 7.5% 10,213.9 9,639.6 6.0%
- international 1,439.1 1,371.2 4.9% 5,338.5 5,124.8 4.2%
- domestic 1,380.9 1,253.1 10.2% 4,875.4 4,514.8 8.0%
Revenue Passenger Kilometres, mln 7,787.2 7,372.9 5.6% 28,762.4 27,431.7 4.9%
- international 5,088.5 4,887.4 4.1% 19,413.2 18,647.3 4.1%
- domestic 2,698.6 2,485.5 8.6% 9,349.3 8,784.4 6.4%
Available Seat Kilometres, mln 9,819.0 8,824.8 11.3% 37,238.2 34,630.1 7.5%
- international 6,529.8 5,861.1 11.4% 25,441.8 23,584.5 7.9%
- domestic 3,289.2 2,963.7 11.0% 11,796.5 11,045.6 6.8%
Passenger load factor, % 79.3% 83.5% (4.2 p.p.) 77.2% 79.2% (2.0 p.p.)
- international 77.9% 83.4% (5.5 p.p.) 76.3% 79.1% (2.8 p.p.)
- domestic 82.0% 83.9% (1.9 p.p.) 79.3% 79.5% (0.2 p.p.)
Cargo and mail carried, tonnes 18,596.0 18,986.2 (2.1%) 66,143.8 67,817.0 (2.5%)
- international 12,518.9 12,027.8 4.1% 45,284.2 44,274.7 2.3%
- domestic 6,077.1 6,958.4 (12.7%) 20,859.6 23,542.3 (11.4%)
Revenue Cargo Tonne Kilometres, mln 88.0 88.4 (0.5%) 312.4 314.6 (0.7%)
- international 62.7 59.9 4.7% 224.9 220.1 2.2%
- domestic 25.3 28.5 (11.4%) 87.6 94.5 (7.3%)
Revenue Tonne Kilometres, mln 788.8 752.0 4.9% 2,901.1 2,783.4 4.2%
- international 520.7 499.8 4.2% 1,972.0 1,898.3 3.9%
- domestic 268.1 252.2 6.3% 929.0 885.1 5.0%
Available Tonne Kilometres, mln 1,176.8 1,072.0 9.8% 4,468.3 4,276.0 4.5%
- international 786.3 715.0 10.0% 3,083.2 2,941.9 4.8%
- domestic 390.4 357.0 9.4% 1,385.1 1,334.1 3.8%
Revenue load factor, % 67.0% 70.1% (3.1 p.p.) 64.9% 65.1% (0.2 p.p.)
- international 66.2% 69.9% (3.7 p.p.) 64.0% 64.5% (0.5 p.p.)
- domestic 68.7% 70.6% 1.9 p.p.) 67.1% 66.3% 0.8 p.p.
Revenue flights 21,628 19,369 11.7% 81,860 74,876 9.3%
- international 10,656 9,613 10.8% 40,915 37,642 8.7%
- domestic 10,972 9,756 12.5% 40,945 37,234 10.0%
Flight hours for fleet 62,159 55,955 11.1% 236,737 217,978 8.6%

[1] Management accounts.

[2] Excluding aircraft leased or subleased out.

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Aeroflot Rossiyskiye Avialinii OAO published this content on 21 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 May 2018 10:39:05 UTC