UTair Aviation demonstrated steady growth in its performance indicators for the first 10 months of 2024, which indicates its stable development and high demand for services. The company's total passenger traffic reached 5,982,576 people. The number of passengers transported by aircraft amounted to 5,419,577 people, which is 5.6% more than in the same period last year. Particularly impressive was the growth on international flights, where passenger traffic increased by 18.3% to 1,349,257 people, reflecting the increased attractiveness of international destinations and the company's successful work in foreign markets. Passenger traffic on domestic flights also increased by 2%, amounting to 4,070,320 passengers.
UTair's helicopter segment also showed positive dynamics, with passenger traffic growing by 6.7% to 562,999 people. This underlines the importance of the helicopter direction for the company, especially in conditions when this type of transport is in demand in hard-to-reach regions and specialized transportation.
UTair's cargo and mail transportation also showed impressive results. The volume of cargo transported by planes amounted to 12,493 tons, an increase of 7.1%, and mail items grew by 141.6%, reaching 2,601 tons. Helicopters transported 53,734 tons of cargo, which confirms the importance of this direction for the company's logistics activities. This growth may indicate the company's effectiveness in improving logistics processes and optimizing routes.
The flight hours, reflecting the total number of hours spent in flight, are also at a high level. The company's aircraft flew 134,971 hours, and helicopters - 95,071 hours, which confirms the high intensity of the fleet operation.
These results demonstrate stable growth of the company's operating indicators, especially in international passenger and mail and cargo transportation. Such growth testifies to the successful operational strategy of UTair and its ability to adapt to market conditions. In general, the positive dynamics of passenger traffic, cargo transportation and operational flight hours is an important signal for investors, indicating the prospective development of the company. However, it is important for investors to take into account external factors that may affect the company's future financial results. Fluctuations in fuel prices, changes in the international regulatory environment and economic conditions may affect UTair's operating activities. Nevertheless, the company's current indicators create a positive foundation for further growth and strengthening its position in the market.
