Aeroflot Group Passenger Traffic Up 6.1% in January-February 2018

Moscow, 27 March 2018 – Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for February and 2M 2018[1].

January – February 2018 Operating Highlights

In 2M 2018, Aeroflot Group carried 7.1 million passengers, up 6.1% year-on-year. Aeroflot airline carried 4.7 million passengers, a year-on-year increase of 4.8%. Group and Company RPKs increased by 6.3% and 4.1% year-on-year, respectively. ASKs rose by 5.6% year-on-year for the Group and by 5.9% year-on-year for the Company. The passenger load factor increased by 0.5 p.p. year-on-year up to 77.7% for Aeroflot Group and decreased by 1.3 p.p. year-on-year down to 75.5% for Aeroflot airline.

February 2018 Operating Highlights

In February 2018, Aeroflot Group carried 3.4 million passengers, up 4.3% year-on-year. Aeroflot airline carried 2.3 million passengers, a year-on-year increase of 2.9%.

Group and Company RPKs were up 4.9% and 3.0% year-on-year, respectively. ASKs rose by 4.5% for Aeroflot Group and by 5.1% for Aeroflot airline.

On domestic routes, Group passengers carried and RPKs grew by 4.4% and 5.8% year-on-year, respectively. ASKs grew by 0.7% year-on-year. Company passengers carried and RPKs increased by 4.8% and 4.5% year-on-year, respectively. ASKs grew by 3.4%. The passenger load factor on domestic routes increased by 3.9 p.p. year-on-year to 80.0% for Aeroflot Group and by 0.9 p.p. year-on-year to 79.3% for Aeroflot airline.

In February 2018, the number of passengers carried on the Group’s international routes increased by 4.3% year-on-year. RPKs grew by 4.4%, while capacity grew by 7.1%. The number of passengers carried by Aeroflot airline on international routes increased by 1.3%. RPKs grew by 2.3%, ASKs by 5.9%. The passenger load factor on international routes decreased by 2.0 p.p. year-on-year to 77.0% for Aeroflot Group and by 2.6 p.p. to 74.6% for Aeroflot airline.

The passenger load factor in the international segment decreased due to increased flight frequencies, primarily on European and US routes. In addition, the significant increase in the passenger load factor in February 2017 driven by appreciation of the rouble created a high base factor, leading to a non-material normalisation of this indicator in the February 2018 reporting period. (In February 2017, the passenger load factor increased by 4.4 p.p. year-on-year for the Group and by 3.3 p.p. year-on-year for the Company).

Fleet update

In February 2018, Aeroflot Group added five aircraft: two Airbus A321, two Boeing 737-800 and one SSJ100. One Airbus A320 and one Airbus A321 were phased out. As of 28 February 2018, the Group fleet had 332 aircraft.

Aeroflot airline added four aircraft: two Airbus A321, one Boeing 737-800 and one SSJ100. One Airbus A320 and one Airbus A321 were phased out. As of 28 February 2018, the Company fleet had 230 aircraft.