Aeroflot Group's passenger traffic increased by 21.9% in 5 months%

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AK&M 17 July 2024 14:06

Aeroflot Group's passenger traffic increased by 21.9% to 20.2 million in the first 5 months of 2024 from 16.58 million a year earlier. Passenger seat occupancy increased by 2.4 percentage points to 88.1% from 85.7%. The volume of transported goods and mail amounted to 95.3 thousand tons (+17.1%). This is stated in the company's message.

Aeroflot's passenger traffic increased by 30.1% to 11.188 million from 8.6 million. Passenger seat occupancy increased by 3 percentage points to 86.8% from 83.7%. During the reporting period, 58.57 thousand tons of cargo and mail were transported (+15.8%).

In May 2024, the group's passenger traffic increased by 22.3% to 4.6 million compared to a year earlier. 3.5 million passengers were transported on domestic lines (+17.2%), 1.1 million on international lines (+43%). Aeroflot carried 2.5 million passengers (+25.9%).

Aeroflot is a Russian airline. The group of the same name also includes Rossiya and Pobeda airlines.

The net loss of PJSC Aeroflot according to RAS for the first quarter of 2024 amounted to RUB 6.9 billion against a loss of RUB 33.68 billion a year earlier. Revenue increased by 57.7% to RUB 145.05 billion from RUB 9.98 billion. Gross profit amounted to 1.46 billion rubles. compared to 5.898 billion rubles .

Aeroflot's profit under IFRS for the first quarter of 2024 amounted to 1.1 billion rubles against a loss of 46.49 billion rubles a year earlier. Adjusted profit amounted to 6.5 billion rubles against a loss of 12.99 billion rubles. Revenue increased by 54.3% to RUB 173.58 billion from RUB 112.48 billion, EBITDA increased by 95.6% to RUB 59.35 billion from RUB 30.34 billion.