Page 125 - RusRPTAug21

14.6mnt while deliveries on the domestic market grew 7% YoY to 4.6mnt. Total oil products shipped were down 2.5% YoY in 1H21 to 19.2mnt, while in 2Q21, products shipped grew 6.5% YoY to 9.8mnt.
9.2.3 Aviation corporate news
Aeroflot Group reported its operating results for June yesterday, 26 July. According to AFLT’s numbers, PAX traffic surged 2.8x YoY to 4.6mn PAX (+22.7x YoY to 0.6mn PAX for international flights and +2.4x YoY to 3.9mn PAX for domestic flights). Compared to June 2019 (i.e. before COVID-19), Aeroflot Group’s PAX traffic was down 20% YoY (-75.4% YoY for international flights and +25.1% YoY for domestic flights). The results were nearly in line with the figures released earlier this month by Rosaviatsiya. AFLT’s capacity was up 2.2x YoY to 12.4bn ASK vs. June 2020 (+12x YoY to 2.8bn ASK for international flights and +1.6x YoY to 9.5bn ASK for domestic flights) but down 28.5% YoY vs. June 2019. The same trend was seen in PLF, which was up 18.5ppts YoY to 80% vs. June 2020 (+20.1ppts YoY to 73.9% for international flights and +19.8ppts YoY to 81.8% for domestic flights) but down 4.1ppts YoY vs. June 2019. PAX turnover experienced the same thing, up 3.1x YoY to 9.9bn RPK vs. June 2020 (+16.9x YoY to 2.1bn RPK for international flights and +2.4x YoY to 7.8bn RPK for domestic flights) but down 31.9% YoY vs. June 2019.
Aeroflot Russian Airline’s PAX traffic for the month was up 4.0x to 2.11mn, while Rossiya’s PAX traffic surged 5.5x to 1.1mn and Pobeda’s PAX traffic for the month was up 3.2x to 1.4mn. By combining the results for Aeroflot, Rossiya and Pobeda, we can calculate Aeroflot Group’s performance. Aeroflot Group’s PAX traffic increased approximately 3.9x to 4.6mn in June, a marginally faster pace of recovery than the average for Russian airlines (+3.8x to 10.9mn). However, compared to June 2019 (i.e. before COVID-19), Aeroflot Group’s PAX traffic is down 17.1% and the total Russian carriers market was down 13.6% YoY last month. The group’s cumulative 1H21 PAX traffic reached 18.6mn, which is 43.8% YoY higher than seen during the first half a year of 2020. The market’s PAX turnover in June increased 3.3x to 23.3mn RPK.
125 RUSSIA Country Report August 2021 www.intellinews.com