Eurasian market facts & figures

Eurasian market facts & figures

Russia’s largest carriers have reported significant growth in both physical indicators and financial performance.

According to Russia’s Transport Clearing House, Aeroflot Group carried 1.8 million more passengers year-over-year in the first six months of 2016 (up 10.3%), generating 2.5 billion rubles in profit; the figures for S7 Group were 1.1 million more passengers (up 23.2%) and 1 billion rubles. Of the 30 largest Russian carriers, about 50% saw an increase in passenger numbers.

Aeroflot Group which has previously downgraded its traffic growth forecast twice has returned to its more optimistic projections. The group reported that its strategy had proven successful, and it is now ready to streamline its development. The bet is on Aeroflot’s transit traffic and Pobeda’s low-cost service, according to the reports of the airline’s recent board meeting.

The group that besides the parent airline includes subsidiaries Rossiya, Pobeda and Aurora is counting on its traffic to reach 66 million passengers in 2021. Out of this number the title carrier is expected to handle 41.8 million passengers. Up to now the group’s forecast has been more conservative at 61.5 million passengers for the entire group and 38.8 million passengers for Aeroflot.

The fleet expansion program has been amended as well. The latest board meeting called for the fleet to reach 380 aircraft by 2021, up from the previous plan of 346 aircraft. The latest version is closer to the initial plan of 383 aircraft by 2020.

Aurora, Aeroflot’s subsidiary operating in Russia’s Far East, has announced taking delivery of two Airbus A319 narrowbody jets. Both aircraft have 128 seats in two-class configuration. Aurora’s A319 fleet now comprises nine airliners.

Rossiya Airlines, a part of Aeroflot Group, is adding five more 777-300ERs to its wide body fleet that already includes seven aircraft of the type.

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1-2 of March 2017, Moscow

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