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Aeroflot Group Passenger Traffic Up 11.5% in 5M 2016

July 4, 2016 Aviation No Comments Email Email

Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces traffic statistics for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for May and the first five months of 2016.

5M 2016 Operating Highlights

In the first five months of 2016, Aeroflot Group carried 15.8 million passengers, up 11.5% year-on-year. Aeroflot airline carried 10.9 million passengers, a year-on-year increase of 13.6%. Group and Company revenue passenger kilometres (RPKs) increased by 13.2% year-on-year, respectively. Available seat kilometres (ASKs) rose by 8.7% year-on-year for Aeroflot Group and by 10.2% for Aeroflot airline. The passenger load factor increased by 3.0 percentage points (p.p.) year-on-year to 77.4% for the Group and by 2.0 p.p. year-on-year to 77.7% for the Company.

May 2016 Operating Highlights

In May 2016, Aeroflot Group carried 3.5 million passengers, up 8.8% year-on-year. Aeroflot airline carried 2.4 million passengers, a year-on-year increase of 12.4%.

Group and Company RPKs increased by 12.0% and 12.5% year-on-year, respectively. ASKs rose by 8.3% year-on-year for Aeroflot Group and by 10.1% for Aeroflot airline.

On domestic routes, Group passengers carried and RPKs grew by 8.5% and 8.9% year-on-year, respectively. Company passengers carried and RPKs on domestic routes were up 20.3% and 16.9% year-on-year, respectively. This was mainly attributable to increased demand for domestic flights and the continued growth of in-country tourism, alongside a corresponding 9.5% year-on-year increase in ASKs for the Company, due in part to increased flight frequencies on high-demand routes. Across the Group ASKs increased by 1.6%.

On international routes, Group passengers carried rose 9.2% year-on-year while Group RPKs were up 14.7% year-on-year. ASKs for the period increased 14.1% year-on-year. Passengers carried on Aeroflot airline international flights increased 5.0%, RPKs increased by 10.0% and ASKs rose 10.4%. International traffic increased despite the suspension of flights to destinations in Ukraine and Egypt and the suspension of charter service to Turkey. International traffic growth was supported by a decline in competition as several foreign carriers reduced flight frequencies to Russia, Aeroflot airline’s higher international transit traffic through its Sheremetyevo hub and Transaero’s exit from the market, which triggered a reallocation of domestic and international routes amongst market players.

As a result of these factors, the passenger load factor increased by 2.5 p.p. year-on-year to 78.2% for the Group and by 1.8 p.p. year-on-year to 78.4% for the company.

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