Aeroflot Group posts July 2017 results

Eleanor Steed
By Eleanor Steed August 23, 2017 14:03

Aeroflot Group posts July 2017 results

In the first seven months of 2017, Aeroflot Group carried 28.3 million passengers, up 17.3% year-on-year. Aeroflot airline carried 18.5 million passengers, a year-on-year increase of 14.3%.

Group and Company RPKs increased by 19.0% and 12.0% year-on-year, respectively. ASKs rose by 16.4% year-on-year for Aeroflot Group and by 10.3% for Aeroflot airline.

The passenger load factor increased by 1.7 percentage points year-on-year to 82.3% for the Group and by 1.2 percentage points year-on-year to 81.7% for the company.

In July 2017, Aeroflot Group carried 5.3 million passengers, up 20.3% year-on-year. Aeroflot airline carried 3.3 million passengers, a year-on-year increase of 18.7%.

Group and Company RPKs increased by 19.9% and 13.7% year-on-year, respectively. ASKs rose by 19.0% year-on-year for Aeroflot Group and by 14.0% for Aeroflot airline.

On domestic routes, Group passengers carried and RPKs grew by 13.5% and 11.6% year-on-year, respectively. ASKs grew by 12.4% year-on-year. Company passengers carried and RPKs on domestic routes were up 19.5% and 11.1% year-on-year, respectively. ASKs grew by 13.2%.

In July 2017, the number of passengers carried on the Group’s international routes increased by 29.8% year-on-year. RPKs increased by 26.9%, while capacity grew by 24.2%. The number of passengers carried by Aeroflot airline on international routes increased by 17.9%. RPKs increased by 15.1% and ASKs by 14.5%. Growth in the international segment was driven by stable demand in the context of a strengthening ruble, increased flight frequencies and the launch of flights to new international destinations, as well as the development of Rossiya’s partnerships with tour operators and of Pobeda’s international route network.

The passenger load factor increased by 0.7 percentage points year-on-year to 90.9% for the Group. For the company, the passenger load factor decreased by 0.3 percentage points year-on-year to 89.2% as a result of a decrease in the passenger load factor on domestic routes by 1.8 percentage points year-on-year to 92.1%. The decrease in passenger load factor on domestic routes was a result of the high base effect – in July 2016, this indicator reached a peak of 93.9% following an increase of 4.4 percentage points year-on-year.

In July 2017, the Group added two aircraft: one Airbus A321 and one Boeing 737-800. At the same time one Airbus A320, one Airbus A321 and one Boeing 737-800 were phased out of the Aeroflot Group fleet. Since the start of the year Aeroflot Group added eight aircraft. As of 31 July 2017, the Group had 297 aircraft (excluding one An-24 which was leased out and five An-148 which were subleased).

In July 2017, Aeroflot airline added one Airbus A321. At the same time one Airbus A320 and one Airbus A321 were phased out of the Company fleet. Overall, since the start of the year the fleet of Aeroflot airline increased by nine aircraft, bringing the total fleet to 198 aircraft as of 31 July 2017.

Eleanor Steed
By Eleanor Steed August 23, 2017 14:03