Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces Aeroflot Group operating results for January 20221.
Key highlights of January 2022:
- Aeroflot Group carried 3.5 million passengers, 48.4% up year-on-year and 14.7 % down vs. 2019;
- 2.6 million passengers carried in domestic segment, 23.8% up year-on-year and 16.9% up vs. 2019;
- 904.5 thousand passengers carried in international segment, 3.5x up year-on-year and 52.0% down vs. 2019. In January 2022 international passenger traffic recovered to 48.0% of 2019 levels;
- Group’s RPK increased by 67.2% year-on-year and decreased by 26.1% vs. 2019, ASK increased by 71.4% year-on-year and decreased by 25.2% vs. 2019;
- Aeroflot Group’s passenger load factor was 75.2%, a 1.9 percentage point decrease year-on-year;
- Aeroflot Group carried 21.7 thousand tonnes of cargo and mail, up 16.9% year-on-year;
- Pobeda Airlines carried 1.2 million passengers; passenger load factor was 91.7%.
Aeroflot Group Operating Results
Aeroflot Airlines
January 2022 | January 2021 | Change | |
Passengers carried, thousand PAX | 1,652.2 | 1,044.4 | 58.2% |
- international | 637.0 | 192.7 | 3.3х |
- domestic | 1,015.2 | 851.7 | 19.2% |
Revenue Passenger Kilometres, mn | 4,433.3 | 2,406.3 | 84.2% |
- international | 2,309.4 | 728.6 | 3.2х |
- domestic | 2,123.9 | 1,677.6 | 26.6% |
Available Seat Kilometres, mn | 6,503.3 | 3,424.3 | 89.9% |
- international | 3,728.2 | 1,167.8 | 3.2х |
- domestic | 2,775.1 | 2,256.5 | 23.0% |
Passenger load factor, % | 68.2% | 70.3% | (2.1 p.p.) |
- international | 61.9% | 62.4% | (0.4 p.p.) |
- domestic | 76.5% | 74.3% | 2.2 p.p. |
Revenue flights | 13,266 | 9,494 | 39.7% |
- international | 5,053 | 1,693 | 3.0х |
- domestic | 8,213 | 7,801 | 5.3% |
Flight hours | 40,431 | 24,919 | 62.2% |
Pobeda Airlines
January 2022 | January 2021 | Change | |
Passengers carried, thousand PAX | 1,188.8 | 927.9 | 28.1% |
- international | 118.5 | 51.8 | 2.3х |
- domestic | 1,070.3 | 876.1 | 22.2% |
Revenue Passenger Kilometres, mn | 2,056.2 | 1,543.2 | 33.2% |
- international | 310.7 | 127.6 | 2.4х |
- domestic | 1,745.5 | 1,415.6 | 23.3% |
Available Seat Kilometres, mn | 2,241.2 | 1,709.3 | 31.1% |
- international | 363.9 | 168.8 | 2.2х |
- domestic | 1,877.2 | 1,540.5 | 21.9% |
Passenger load factor, % | 91.7% | 90.3% | 1.5 p.p. |
- international | 85.4% | 75.6% | 9.8 p.p. |
- domestic | 93.0% | 91.9% | 1.1 p.p. |
Revenue flights | 6,856 | 5,423 | 26.4% |
- international | 728 | 364 | 2.0х |
- domestic | 6,128 | 5,059 | 1.2х |
Flight hours | 16,163 | 12,353 | 30.8% |
Rossiya Airlines
January 2022 | January 2021 | Change | |
Passengers carried, thousand PAX | 667.4 | 391.3 | 70.6% |
- international | 149.1 | 15.1 | 9.9х |
- domestic | 518.4 | 376.2 | 37.8% |
Revenue Passenger Kilometres, mn | 1,665.3 | 927.5 | 79.5% |
- international | 556.5 | 45.1 | 12.3х |
- domestic | 1,108.8 | 882.4 | 25.7% |
Available Seat Kilometres, mn | 2,093.2 | 1,187.7 | 76.2% |
- international | 676.9 | 54.3 | 12.5х |
- domestic | 1,416.3 | 1,133.3 | 25.0% |
Passenger load factor, % | 79.6% | 78.1% | 1.5 p.p. |
- international | 82.2% | 83.0% | (0.7 p.p.) |
- domestic | 78.3% | 77.9% | 0.4 p.p. |
Revenue flights | 6,426 | 3,413 | 88.3% |
- international | 985 | 130 | 7.6х |
- domestic | 5,441 | 3,283 | 65.7% |
Flight hours | 16,495 | 8,494 | 94.2% |
Fleet update
In January 2022 Aeroflot Airlines transferred one SSJ100 to the fleet of Rossiya Airlines as part of intra-group redistribution.
As of 31 January 2022, the fleet of Aeroflot Group consisted of 356 aircraft.
Net changes in the fleet | Number of aircraft | |
January 2022 | as of 31.01.2022 | |
Aeroflot Group | – | 356 |
Aeroflot Airlines | –1 | 186 |
Pobeda Airlines | – | 44 |
Rossiya Airlines | +1 | 126 |
Aeroflot Group Operating Results
January 2022 | January 2021 | Change | |
Passengers carried, thousand PAX | 3,508.4 | 2,363.6 | 48.4% |
- international | 904.5 | 259.5 | 3.5х |
- domestic | 2,603.8 | 2,104.0 | 23.8% |
Revenue Passenger Kilometres, mn | 8,154.9 | 4,876.9 | 67.2% |
- international | 3,176.7 | 901.3 | 3.5х |
- domestic | 4,978.2 | 3,975.7 | 25.2% |
Available Seat Kilometres, mn | 10,837.7 | 6,321.3 | 71.4% |
- international | 4,769.0 | 1,390.9 | 3.4х |
- domestic | 6,068.7 | 4,930.3 | 23.1% |
Passenger load factor, % | 75.2% | 77.2% | (1.9 p.p.) |
- international | 66.6% | 64.8% | 1.8 p.p. |
- domestic | 82.0% | 80.6% | 1.4 p.p. |
Cargo and mail carried, tonnes | 21,652.8 | 18,524.4 | 16.9% |
- international | 9,984.7 | 7,218.0 | 38.3% |
- domestic | 11,668.2 | 11,306.4 | 3.2% |
Revenue Cargo Tonne Kilometres, mn | 96.7 | 80.7 | 19.9% |
- international | 55.8 | 42.3 | 31.8% |
- domestic | 40.9 | 38.3 | 6.7% |
Revenue Tonne Kilometres, mn | 830.6 | 519.6 | 59.9% |
- international | 341.7 | 123.4 | 2.8х |
- domestic | 488.9 | 396.1 | 23.4% |
Available Tonne Kilometres, mn | 1,342.4 | 835.5 | 60.7% |
- international | 650.4 | 260.0 | 2.5х |
- domestic | 692.0 | 575.5 | 20.2% |
Revenue load factor, % | 61.9% | 62.2% | (0.3 p.p.) |
- international | 52.5% | 47.5% | 5.1 p.p. |
- domestic | 70.7% | 68.8% | 1.8 p.p. |
Revenue flights | 26,548 | 18,330 | 44.8% |
- international | 6,766 | 2,187 | 3.1х |
- domestic | 19,782 | 16,143 | 22.5% |
Flight hours | 73,089 | 45,767 | 59.7% |
Appendix 1. January 2022 Operating Highlights compared to January 20192:
Aeroflot Group airlines: All flights
Aeroflot | Pobeda | Rossiya | Total | |
Passengers carried, thousand PAX | 1,652.2 | 1,188.8 | 667.4 | 3,508.4 |
| (40.6%) | 72.5% | 4.2% | (14.7%) |
Available Seat Kilometres, million | 6,503.3 | 2,241.2 | 2,093.2 | 10,837.7 |
| (38.3%) | 62.1% | (18.4%) | (25.2%) |
Passenger load factor, % | 68.2% | 91.7% | 79.6% | 75.2% |
Change vs. 2019, % | (5.0 p.p.) | 0.2 p.p. | (0.3 p.p.) | (0.9 p.p.) |
Cargo and mail carried, tonnes | 12,841.4 | 5,041.5 | 3,770.0 | 21,652.8 |
| (5.8%) | 41.3%, | 73.9% | 11.8% |
Aeroflot Group airlines: Domestic flights
Aeroflot | Pobeda | Rossiya | Total | |
Passengers carried, thousand PAX | 1,015.2 | 1,070.3 | 518.4 | 2,603.8 |
| (23.5%) | 122.2% | 23.4% | 16.9% |
Available Seat Kilometres, million | 2,775.1 | 1,877.2 | 1,416.3 | 6,068.7 |
| (16.3%) | 114.6% | 10.4% | 10.9% |
Passenger load factor, % | 76.5% | 93.0% | 78.3% | 82.0% |
Change vs. 2019, % | 3.9 p.p. | (1.0 p.p.) | 3.1 p.p. | 5.4 p.p. |
Cargo and mail carried, tonnes | 5,047.1 | 4,136.7 | 2,484.4 | 11,668.2 |
| 23.1% | 128.9% | 35.5% | 50.7% |
Aeroflot Group airlines: International flights
Aeroflot | Pobeda | Rossiya | Total | |
Passengers carried, thousand PAX | 637.0 | 118.5 | 149.1 | 904.5 |
| (56.3%) | (42.9%) | (32.4%) | (52.0%) |
Available Seat Kilometres, million | 3,728.2 | 363.9 | 676.9 | 4,769.0 |
| (48.4%) | (28.3%) | (47.2%) | (47.1%) |
Passenger load factor, % | 61.9% | 85.4% | 82.2% | 66.6% |
Change vs. 2019, % | (11.5 p.p.) | (1.9 p.p.) | (2.3 p.p.) | (9.2 p.p.) |
Cargo and mail carried, tonnes | 7,794.3 | 904.7 | 1,285.7 | 9,984.7 |
| (18.3%) | (48.6%) | 284.5% | (14.2%) |
1Management accounts.
2The indicators of 2019 for the Aeroflot Group are presented, including Aeroflot Airlines, Rossiya Airlines and Pobeda Airlines for comparability of the data perimeter.