Air Astana has reported a net loss of US$6.6
million, and an operating profit of US$0.975 million, for the
first half of 2016.
Operating revenue fell by 30% to US$275
million, driven by a signification devaluation of the Kazakh Tenge
in comparison with the first half of 2015, and by weaker regional
travel markets in the wake of commodity price falls. Passenger
numbers fell by 7% to 1.69 million.
environment has been and continues to be extremely challenging for
all airlines operating in the region. However we have been able to
compensate to a large extent for a steep drop in revenue,
particularly on domestic routes, by further reducing unit cost and
by substantially increasing international transit traffic between
Europe and Asia,” said
Peter Foster OBE, Air Astana President and CEO. “The interim result is therefore better than
expected under the circumstances. Prospects for the rest of the
year remain uncertain, however there are signs that regional
economies are adjusting to structurally lower commodity prices.
Further development of transit business over our Astana and Almaty
hubs continues to be a priority.”
commenced scheduled flight operations on 15th May 2002 and
currently operates a network of over 60 international and domestic
routes from hubs in Almaty and Astana.
Air Astana’s fleet of 30
aircraft includes Boeing 767-300ER, Boeing 757-200, Airbus A320
family and Embraer E-190 types.
Kazakhstan Tourism Update Interview from JATA 2016,
Pictures from Almaty and Astana in Kazakhstan (2015),
Interview with President and CEO of Air Astana - Mr. Peter Foster
Interview with GM of The Ritz-Carlton, Almaty (2015),
HD Video of Astana (2011),
Interview with Peter Foster, President of Air Astana (2011),
Interview with Interim GM of Radisson Astana (2011),
Video of Almaty (2011).
See other recent