Wed, 7 Nov 2018

Air Astana to Launch Low Cost Airline - FlyArystan

Air Astana has unveiled plans to launch a low cost airline in the first half of 2019.

 The airline, which will be called FlyArystan, will operate a fleet of Airbus A320 aircraft configured with 180 economy class seats.

FlyArystan will operate a classic LCC model, following the example of successful LCCs such as Cebu Pacific and AirAsia.

The airline will offer low airfares, approximately half of what Air Astana offers today, on mostly domestic routes in the short-term with plans to expand onto regional international routes in the mid-term.

 FlyArystan will initially operate four aircraft, growing to a fleet of at least 15 by 2022, from multiple aircraft bases in Kazakhstan.

Peter Foster. Click to enlarge.

FlyArystan’s management team will be led by Tim Jordan, a British-Australian national with more than 15 years’ senior LCC management experience at Cebu Pacific and Virgin Blue.

Peter Foster (pictured), President & CEO of Air Astana, said, “FlyArystan is the result of much serious thought and internal business planning, and comes as a result of a rapidly changing local and regional airline business environment. It will be good for the mid to long-term prospects of Air Astana, and we hope, very welcome to the Kazakhstan travelling public, who will be able to benefit from significantly cheaper airfares on domestic and regional routes.”

 Air Astana has highlighted that all safety standards and regulatory processes to which it is subject to, will automatically apply to FlyArystan as well.

 The project is to be entirely self-funded with FlyArystan not requiring any capital from shareholders, nor state subsidies or external financial support.

Peter Foster, OBE - Air Astana's CEO and and President Gives Media Briefing (14 Dec 2018)

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