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Air Astana Reports Strong H1 2010 Performance

Travel News Asia Latest Travel News Podcasts Videos Friday, 13 August 2010

Air Astana, the flag carrier of the Republic of Kazakhstan, experienced strong growth during the first half of 2010, with passenger numbers increasing by 14% and revenue jumping 24% to US$245 million compared to the same period in 2009.

The carrier performed almost 13,000 scheduled flights, with an average passenger load factor of 66%. Half yearly profit before tax was a record $33.5 million, up 34% over 2009.

Improved aircraft utilisation enabled Air Astana to increase frequencies on domestic trunk routes from both Astana and Almaty, with international service frequencies being increased to Frankfurt, Baku, Urumchi, Beijing and Kuala Lumpur.

The continuing growth of Almaty as a hub for Central Asia continued with Urumqui in western China being added to the existing destinations of Baku, capital of Azerbaijan, Bishkek, capital of Kyrgyzstan and Novosibirsk in southern Russia.

 Services from Almaty to Dushanbe, capital of Tajikistan and Tashkent, capital of Uzbekistan are scheduled to commence during the second half of 2010.

A fleet of new generation Embraer E-190 airliners has been selected to operate on the airlines expanding Central Asia network, with the first of three leased aircraft scheduled for delivery in early 2011.

Air Astanas strategic commitment to pilot development saw the acquisition of Airbus A320 family and Boeing 767/757 Enhanced Virtual Procedures Trainers, jointly developed with Aerosim Technologies Inc, whilst the airlines first group of ab-initio pilots graduated from the Pilot Training Centre, Florida Institute of Technology, USA in June.

Other highlights during the first half of 2010 were the introduction of the KCTV personal entertainment system on long haul services, a new website, and the latest Skytrax ranking of third best carrier in Eastern Europe, and best airline in the CIS.

Air Astana continues to lead the CIS region with its modern fleet, expanding network, and service improvements. Financial results have exceeded expectations. These have been driven by revenue increases across all markets. Although the cost savings which resulted in 2009 being a record year have come under some pressure with the improving economy, overall prospects for the full year are good, said Peter Foster, President of Air Astana.

Air Astana commenced regular flight operations on 15 May 2002 and currently operates a network that serves 26 domestic and 23 international destinations from its hubs in Almaty, Astana and Atyrau. The airline flies an all western fleet comprising of two Boeing 767s, four Boeing 757s, ten Airbus A320 Family and six Fokker 50 aircraft.

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