29 July 2020

Moscow, 29 July 2020 - Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group ('the Group') and Aeroflot - Russian Airlines ('the Company') for June and 6M 2020[1].

6M 2020 Operating Highlights

In 6M 2020, Aeroflot Group carried 12.9 million passengers, 54.2% down year-on-year. Aeroflot airline carried 7.8 million passengers, a year-on-year decrease of 56.1%.

Group and Company RPKs decreased by 55.1% and 56.7% year-on-year, respectively. ASKs decrease by 47.8% year-on-year for the Group and Company.

The passenger load factor decreased by 11.1 p.p. year-on-year to 68.2% for Aeroflot Group and decreased by 13.2 p.p. to 64.1% for Aeroflot airline.

June 2020 Operating Highlights

In June 2020, Aeroflot Group carried 1.2 million passengers, a year-on-year decrease of 79.1%. Aeroflot airline carried 523.0 thousand passengers, a year-on-year decrease of 84.2%.

Group and Company RPKs were down 83.6% and 87.5% year-on-year, respectively. ASKs decrease by 77.5% for Aeroflot Group and by 81.8% for Aeroflot airline.

Aeroflot Group's passenger load factor was 61.5%, representing a 22.6 percentage point decrease versus the same period a year earlier. The passenger load factor at Aeroflot - Russian Airlines decreased by 25.3 percentage points year-on-year to 56.4%.

Impact of coronavirus pandemic

In 6M and June 2020, operating results were affected by the dynamics of demand and significant flight restrictions imposed amid the spread of the novel coronavirus infection. In addition to the suspension
of scheduled international flights, quarantine restrictions in Russia and passengers' propensity to travel amid pandemic affected the decline in domestic traffic indicators.

In June Aeroflot Group began to gradually restore operating volumes due to the partial lifting of restrictions. The restoration of flights is accompanied by a progressive increase in the passenger load factor.

Fleet update

In June 2020, Aeroflot Group added one DHC8-200. One DHC8-300 was phased-out. As of 30 June 2020, Group and Company fleet had 360 and 246 aircraft, respectively.

Net changes in the fleet

Number of aircraft

June 2020

6M 2019

as of 30.06.2020

Aeroflot Group

-

+1

360

Aeroflot airline

-

+1

246

Aeroflot Group Operating Results

June 2020

June 2019

Change

6M 2020

6M 2019

Change

Passengers carried, thousand PAX

1,196.6

5,717.9

(79.1%)

12,927.1

28,195.1

(54.2%)

- international

26.6

2,563.5

(99.0%)

4,566.6

12,682.4

(64.0%)

- domestic

1,170.1

3,154.4

(62.9%)

8,360.5

15,512.6

(46.1%)

Revenue Passenger Kilometres, mn

2,391.7

14,546.8

(83.6%)

32,715.9

72,924.4

(55.1%)

- international

117.4

8,242.9

(98.6%)

16,844.4

43,531.0

(61.3%)

- domestic

2,274.3

6,303.9

(63.9%)

15,871.5

29,393.4

(46.0%)

Available Seat Kilometres, mn

3,891.2

17,305.0

(77.5%)

47,938.6

91,883.2

(47.8%)

- international

217.8

10,021.2

(97.8%)

23,937.8

55,570.8

(56.9%)

- domestic

3,673.3

7,283.7

(49.6%)

24,000.8

36,312.4

(33.9%)

Passenger load factor, %

61.5%

84.1%

(22.6 p.p.)

68.2%

79.4%

(11.1 p.p.)

- international

53.9%

82.3%

(28.4 p.p.)

70.4%

78.3%

(8.0 p.p.)

- domestic

61.9%

86.5%

(24.6 p.p.)

66.1%

80.9%

(14.8 p.p.)

Cargo and mail carried, tonnes

12,877.4

26,359.1

(51.1%)

105,999.0

142,153.4

(25.4%)

- international

2,421.4

14,363.6

(83.1%)

49,856.0

81,100.3

(38.5%)

- domestic

10,456.0

11,995.4

(12.8%)

56,143.0

61,053.1

(8.0%)

Revenue Cargo Tonne Kilometres, mn

59.3

108.9

(45.5%)

489.1

590.7

(17.2%)

- international

16.4

66.3

(75.2%)

272.7

373.5

(27.0%)

- domestic

42.9

42.6

0.6%

216.4

217.2

(0.4%)

Revenue Tonne Kilometres, mn

274.6

1,418.1

(80.6%)

3,433.5

7,153.9

(52.0%)

- international

27.0

808.1

(96.7%)

1,788.7

4,291.3

(58.3%)

- domestic

247.6

610.0

(59.4%)

1,644.8

2,862.6

(42.5%)

Available Tonne Kilometres, mn

513.3

2,059.4

(75.1%)

6,075.6

10,923.9

(44.4%)

- international

81.7

1,189.9

(93.1%)

3,258.4

6,657.7

(51.1%)

- domestic

431.6

869.4

(50.4%)

2,817.3

4,266.2

(34.0%)

Revenue load factor, %

53.5%

68.9%

(15.4 p.p.)

56.5%

65.5%

(9.0 p.p.)

- international

33.0%

67.9%

(34.9 p.p.)

54.9%

64.5%

(9.6 p.p.)

- domestic

57.4%

70.2%

(12.8 p.p.)

58.4%

67.1%

(8.7 p.p.)

Revenue flights

12,394

39,159

(68.3%)

120,934

215,283

(43.8%)

- international

378

16,608

(97.7%)

38,107

91,052

(58.1%)

- domestic

12,016

22,551

(46.7%)

82,827

124,231

(33.3%)

Flight hours

29,046

107,662

(73.0%)

325,215

593,923

(45.2%)

Aeroflot - Russian Airlines Operating Results

June 2020

June 2019

Change

6M 2020

6M 2019

Change

Passengers carried, thousand PAX

523.0

3,306.2

(84.2%)

7,807.3

17,795.5

(56.1%)

- international

22.6

1,731.3

(98.7%)

3,479.0

9,318.4

(62.7%)

- domestic

500.3

1,574.9

(68.2%)

4,328.4

8,477.1

(48.9%)

Revenue Passenger Kilometres, mn

1,122.8

8,952.4

(87.5%)

21,133.8

48,819.6

(56.7%)

- international

93.7

6,058.1

(98.5%)

12,860.3

33,395.6

(61.5%)

- domestic

1,029.1

2,894.3

(64.4%)

8,273.5

15,424.0

(46.4%)

Available Seat Kilometres, mn

1,990.8

10,956.8

(81.8%)

32,982.4

63,187.8

(47.8%)

- international

190.8

7,615.1

(97.5%)

19,161.6

43,724.9

(56.2%)

- domestic

1,800.0

3,341.7

(46.1%)

13,820.8

19,462.9

(29.0%)

Passenger load factor, %

56.4%

81.7%

(25.3 p.p.)

64.1%

77.3%

(13.2 p.p.)

- international

49.1%

79.6%

(30.5 p.p.)

67.1%

76.4%

(9.3 p.p.)

- domestic

57.2%

86.6%

(29.4 p.p.)

59.9%

79.2%

(19.4 p.p.)

Cargo and mail carried, tonnes

8,508.1

17,726.8

(52.0%)

76,385.8

100,058.7

(23.7%)

- international

2,258.6

12,379.5

(81.8%)

43,575.3

69,216.1

(37.0%)

- domestic

6,249.6

5,347.3

16.9%

32,810.5

30,842.6

6.4%

Revenue Cargo Tonne Kilometres, mn

43.8

81.8

(46.5%)

388.7

455.4

(14.6%)

- international

15.2

61.3

(75.1%)

248.1

337.5

(26.5%)

- domestic

28.5

20.5

39.5%

140.6

118.0

19.2%

Revenue Tonne Kilometres, mn

144.8

887.5

(83.7%)

2,290.8

4,849.2

(52.8%)

- international

23.7

606.5

(96.1%)

1,405.5

3,343.1

(58.0%)

- domestic

121.2

280.9

(56.9%)

885.2

1,506.1

(41.2%)

Available Tonne Kilometres, mn

285.3

1,321.9

(78.4%)

4,290.1

7,601.1

(43.6%)

- international

72.9

932.6

(92.2%)

2,669.7

5,340.2

(50.0%)

- domestic

212.3

389.4

(45.5%)

1,620.4

2,260.9

(28.3%)

Revenue load factor, %

50.8%

67.1%

(16.4p.p.)

53.4%

63.8%

(10.4p.p.)

- international

32.4%

65.0%

(32.6 p.p.)

52.6%

62.6%

(10.0 p.p.)

- domestic

57.1%

72.2%

(15.1 p.p.)

54.6%

66.6%

(12.0 p.p.)

Revenue flights

6,593

24,472

(73.1%)

80,075

142,563

(43.8%)

- international

338

12,198

(97.2%)

30,854

70,104

(56.0%)

- domestic

6,255

12,274

(49.0%)

49,221

72,459

(32.1%)

Flight hours

15,452

69,864

(77.9%)

223,696

410,164

(45.5%)

[1] Management accounts.

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Aeroflot Rossiyskiye Avialinii OAO published this content on 29 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2020 15:15:03 UTC