26 January 2023

Moscow, 26January 2023 - Aeroflot PJSC (Moscow Exchange ticker: AFLT) Announces Aeroflot Group Operating Results for Q4 and FY 2022[1].

Operating results for FY 2022 and its dynamics should be considered in the context of the current geopolitical environment and significant flight restrictions.

After the imposed restrictions Aeroflot Group focused on normalization of operating activities extensively restoring passenger traffic in domestic and available international segment.

KeyhighlightsofFY 2022:

  • Aeroflot Group carried 40.7 million passengers, including 35.3 million passengers in domestic segment.
  • Group's and Aeroflot's RPK in domestic segment improved by 9.8% and 30.3% year-on-year, respectively.
  • Total passenger load factor was 83.6%, up by 3.3 p.p. year-on-year, in domestic segment passenger load factor was 85.9%, an increase of 1.9 p.p. vs. 2021.

Key highlights of Q4 2022:

  • Aeroflot Group carried 9.4 million passengers, including 7.9 million passengers in domestic segment.
  • Group's and Aeroflot's RPK in domestic segment increased by 5.1% and 17.4% year-on-year, respectively.
  • Operational efficiency improved: passenger load factor amounted to 82.4%, up by 4.2 p.p.
    year-on-year.

Aeroflot Airlines Operating Results

Q4 2022 Q4 2021 Change 12M 2022 12M 2021 Change
Passengers carried, thousand PAX 4,632.8 5,514.6 (16.0%) 20,532.5 21,415.9 (4.1%)
- international 1,148.1 1,989.9 (42.3%) 3,840.5 5,897.1 (34.9%)
- domestic 3,484.7 3,524.7 (1.1%) 16,692.0 15,518.8 7.6%
Revenue Passenger Kilometres, mn 13,509.9 13,745.3 (1.7%) 56,510.7 51,632.7 9.4%
- international 5,020.8 6,515.8 (22.9%) 14,674.1 19,515.1 (24.8%)
- domestic 8,489.1 7,229.5 17.4% 41,836.7 32,117.6 30.3%
Available Seat Kilometres, mn 16,847.1 19,222.5 (12.4%) 69,802.7 69,529.6 0.4%
- international 6,790.1 10,101.6 (32.8%) 19,843.6 28,882.6 (31.3%)
- domestic 10,057.0 9,120.9 10.3% 49,959.0 40,647.0 22.9%
Passenger load factor, % 80.2% 71.5% 8.7p.p. 81.0% 74.3% 6.7p.p.
- international 73.9% 64.5% 9.4 p.p. 73.9% 67.6% 6.4 p.p.
- domestic 84.4% 79.3% 5.1 p.p. 83.7% 79.0% 4.7 p.p.
Cargo and mail carried, tonnes 37,029.3 65,669.9 (43.6%) 121,679.0 187,197.1 (35.0%)
- international 12,191.9 43,049.5 (71.7%) 40,008.1 102,927.1 (61.1%)
- domestic 24,837.4 22,620.4 9.8% 81,671.0 84,270.0 (3.1%)
Revenue flights 30,950 42,803 (27.7%) 137,590 162,591 (15.4%)
- international 6,833 15,713 (56.5%) 23,975 41,690 (42.5%)
- domestic 24,117 27,090 (11.0%) 113,615 120,901 (6.0%)
Flight hours 96,762 127,300 (24.0%) 411,532 451,159 (8.8%)

Aeroflot Group Operating Results

Q4 2022 Q4 2021 Change 12M 2022 12M 2021 Change
Passengers carried, thousand PAX 9,425.6 11,698.7 (19.4%) 40,689.9 45,812.5 (11.2%)
- international 1,504.3 3,031.1 (50.4%) 5,345.9 8,474.9 (36.9%)
- domestic 7,921.2 8,667.6 (8.6%) 35,344.0 37,337.6 (5.3%)
Revenue Passenger Kilometres, mn 23,229.7 26,390.2 (12.0%) 98,407.0 100,112.5 (1.7%)
- international 5,855.2 9,855.8 (40.6%) 18,498.6 27,360.3 (32.4%)
- domestic 17,374.5 16,534.4 5.1% 79,908.4 72,752.2 9.8%
Available Seat Kilometres, mn 28,193.9 33,765.6 (16.5%) 117,650.9 124,623.8 (5.6%)
- international 7,906.0 14,051.6 (43.7%) 24,579.9 37,952.5 (35.2%)
- domestic 20,287.9 19,714.0 2.9% 93,071.0 86,671.2 7.4%
Passenger load factor, % 82.4% 78.2% 4.2 p.p. 83.6% 80.3% 3.3 p.p.
- international 74.1% 70.1% 3.9 p.p. 75.3% 72.1% 3.2 p.p.
- domestic 85.6% 83.9% 1.8 p.p. 85.9% 83.9% 1.9 p.p.
Cargo and mail carried, tonnes 55,352.7 94,730.4 (41.6%) 197,034.1 298,351.8 (34.0%)
- international 12,858.2 47,762.0 (73.1%) 45,098.1 115,984.0 (61.1%)
- domestic 42,494.5 46,968.4 (9.5%) 151,936.0 182,367.8 (16.7%)
Revenue Cargo Tonne Kilometres, mn 246.2 441.3 (44.2%) 854.4 1,294.7 (34.0%)
- international 59.6 265.8 (77.6%) 216.9 632.3 (65.7%)
- domestic 186.6 175.5 6.3% 637.6 662.4 (3.7%)
Revenue Tonne Kilometres, mn 2,336.8 2,816.4 (17.0%) 9,711.1 10,304.8 (5.8%)
- international 586.6 1,152.8 (49.1%) 1,881.8 3,094.7 (39.2%)
- domestic 1,750.3 1,663.6 5.2% 7,829.3 7,210.1 8.6%
Available Tonne Kilometres, mn 3,360.0 4,378.2 (23.3%) 14,031.7 15,742.5 (10.9%)
- international 991.1 2,074.4 (52.2%) 3,133.6 5,524.8 (43.3%)
- domestic 2,368.9 2,303.8 2.8% 10,898.0 10,217.7 6.7%
Revenue load factor, % 69.5% 64.3% 5.2p.p. 69.2% 65.5% 3.7 p.p.
- international 59.2% 55.6% 3.6 p.p. 60.1% 56.0% 4.0 p.p.
- domestic 73.9% 72.2% 1.7 p.p. 71.8% 70.6% 1.3 p.p.
Revenue flights 68,185 85,857 (20.6%) 288,077 327,107 (11.9%)
- international 11,566 21,661 (46.6%) 40,766 56,086 (27.3%)
- domestic 56,619 64,196 (11.8%) 247,311 271,021 (8.7%)
Flight hours 187,963 232,183 (19.0%) 785,313 838,466 (6.3%)

[1] Management accounts.

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Aeroflot Rossiyskiye Avialinii OAO published this content on 26 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 12:12:06 UTC.