Aeroflot Russian Airlines (Moscow) has announced record operating results in the modern history of the company and Aeroflot Group for the twelve months ending on December 31, 2013. The airline issued this report:

Key drivers of the strong operational highlights included: a marked expansion of the route network, fleet enlargement and passenger traffic growth.

Highlights

Aeroflot standalone:

• Passenger traffic for the full year 2013 was a record 20.9 million. This represented 18.4% year-on-year growth, considerably ahead of the overall Russian industry growth rate of 14.2%. December 2013 passenger traffic was 1.6 million, a 17.0% rise over December 2012 (and well ahead of the 9.6% rise of the overall industry).

• Revenue passenger kilometers in 2013 totalled 50.5 billion, a year-on-year increase of 19.2% (versus 15.0% for the industry overall). In December revenue passenger kilometers increased 13.3%, versus 10.1% for the industry overall.

• In 2013 the company expanded its fleet, flying eight new Airbus A320s, five new Airbus A321s, three new Boeing 737-800s and four new Boeing 777-300s. Despite the larger fleet driving available seat kilometers 17.8% higher, the passenger load factor was 78.8%, or 0.9 percentage points higher than in 2012.

Aeroflot Group:

• Total passenger traffic in 2013 rose 14.3% year-on-year to 31.4 million. For December, passenger traffic was 2.3 million, a 13.3% increase over the same period a year earlier.

• Revenue passenger kilometers for 2013 increased 14.3% year-on-year to 85.3 bln. In December revenue passenger kilometers increased 6.9% versus the same period a year earlier to 6.3 billion;

• The passenger load factor for 2013 was 0.1 percentage point higher at 78.2%, despite a slight decrease (0.3 percentage points) in December versus the same period a year earlier.

Key factors that impacted the Group’s 2013 operating results:

• Aeroflot standalone continued attract more passengers by delivering a premium product at a competitive price, maintaining a strong safety record and expanding its network of routes.

• Charter subsidiary Orenburg Airlines redirected some of its capacity to European destinations from the Middle East and Asia due to political instability in those regions.

• Russian Far Eastern carrier Aurora Airlines was formed through the combination of Sakhalin Airways (SAT Airlines) and Vladivostok Avia, integrating the route networks and optimizing the fleets of the two formerly separate subsidiaries.

• Aeroflot discontinued its dedicated cargo fleet, switching to belly cargo operations.

The tables below provide key operating results for Aeroflot and Aeroflot Group.

Aeroflot standalone traffic figures

	Dec 2013	Dec 2012	Change	12M 2013	12M 2012	Change
Passengers carried (000s)	1,630.2	1,393.6	17.0%	20,902.4	17,656.1	18.4%
Revenue passenger km (mln)	4,689.4	4,139.4	13.3%	60,226.3	50,532.5	19.2%
Available seat km (mln)	6,390.9	5,623.5	13.6%	76,444.8	64,880.0	17.8%
Passenger load factor	73.4%	73.6%	(0.2pp)	78.8%	77.9%	0.9pp
Cargo + mail carried (tonnes)	14,806.8	16,154.6	(8.3%)	176,456.1	193,948.8	(9.0%)
Total revenue ton-kilometers – pax, luggage, cargo (mln)	489.1	458.4	6.7%	6,339.9	5,669.2	11.8%
Available cargo ton-kilometers (mln)	790.0	744.4	6.1%	9,848.7	8,881.1	10.9%
Revenue load factor	61.9%	61.6%	0.3pp	64.4%	63.8%	0.6pp
Revenue cargo ton-kilometers (mln)	67.1	85.8	(21.8%)	919.5	1,121.3	(18.0%)

Aeroflot Group traffic figures

	December 2013	December 2012	Change	12M 2013	12M 2012	Change
Passengers carried (000s)	2,316.3	2,044.0	13.3%	31,390.7	27,471.7	14.3%
Of which international	1,210.0	1,146.5	5.5%	17,391.4	15,963.3	8.9%
Of which domestic	1,106.3	897.5	23.3%	13,999.3	11,508.4	21.6%
Revenue passenger km (mln)	6,253.1	5,848.1	6.9%	85,273.3	74,617.2	14.3%
Of which international	4,051.7	3,966.1	2.2%	56,112.6	50,279.9	11.6%
Of which domestic	2,201.4	1,882.0	17.0%	29,160.7	24,337.3	19.8%
Available seat km (mln)	8,590.8	8,004.7	7.3%	109,063.8	95,598.1	14.1%
Of which international	5,600.4	5,426.4	3.2%	71,529.8	63,851.3	12.0%
Of which domestic	2,990.4	2,578.3	16.0%	37,534.0	31,746.8	18.2%
Passenger load factor	72.8%	73.1%	(0.3pp)	78.2%	78.1%	0.1pp
Of which international	72.3%	73.1%	(0.8pp)	78.4%	78.7%	(0.3pp)
Of which domestic	73.6%	73.0%	0.6pp	77.7%	76.7%	1.0pp
Cargo + mail carried (tons)	16,977.5	18,958.7	(10.5%)	204,554.1	223,771.7	(8.6%)
Of which international	9,116.7	12,034.9	(24.2%)	121,797.4	153,117.1	(20.5%)
Of which domestic	7,860.8	6,923.8	13.5%	82,756.7	70,654.6	17.1%
Total revenue ton-kilometers – pax, luggage, cargo (mln)	634.1	620.1	2.3%	8,666.1	7,925.7	9.3%
Of which international	406.3	424.5	(4.3%)	5,710.8	5,445.6	4.9%
Of which domestic	227.8	195.6	16.5%	2,955.3	2,480.1	19.2%
Available cargo ton-kilometers (mln)	1,027.8	1,001.8	2.6%	13,388.5	12,152.9	10.2%
Of which international	669.8	690.8	(3.0%)	8,872.6	8,351.7	6.2%
Of which domestic	358.0	311.0	15.1%	4,515.9	3,801.2	18.8%
Revenue load factor	61.7%	61.9%	(0.2pp)	64.7%	65.2%	(0.5pp)
Of which international	60.7%	61.5%	(0.8pp)	64.4%	65.2%	(0.8pp)
Of which domestic	63.6%	62.9%	0.7pp	65.4%	65.2%	0.2pp
Revenue cargo ton-kilometers (mln)	71.3	93.8	(23.9%)	991.5	1,210.0	(18.1%)
Of which international	41.6	67.6	(38.4%)	660.7	920.3	(28.2%)
Of which domestic	29.7	26.2	13.3%	330.8	289.7	14.2%

Copyright Photo: OSDU/AirlinersGallery.com. Celebrating “90 Years in the Sky”, Superjet 100-95B RA-89009 (msn 95017) in a special anniversary livery, arrives at the Moscow (Sheremetyevo) hub.

Aeroflot: