The European Bank for Reconstruction and
Development (EBRD) is supporting Kazakhstan’s national airline,
Air Astana, with a loan of up to US$ 14 million equivalent in
The loan will finance the construction of the
first aircraft maintenance facility capable of serving large
aircraft in the country.
The technical maintenance centre will be
located at Astana International Airport.
Currently international airlines, including Air
Astana, have to go for maintenance of their large aircraft abroad,
mainly in the United Kingdom and China. The new facility will enable Air
Astana (which will also offer access to other airlines) to service
those planes in Kazakhstan.
An aircraft hangar, including
storage area and administration offices, and a garage for
specialised vehicles will be built with the financing from EBRD.
Foster OBE, President and CEO of Air Astana, said, “Air Astana is very pleased to
have signed this agreement with EBRD. During the course of the
past few years EBRD has expanded its already substantial presence
in Kazakhstan to become one of the country's leading international
partners, adhering to the highest standards of international
business practices. We see this relationship as a natural fit.”
Pictures from Almaty and Astana in Kazakhstan (June 2015)
See other recent news regarding: