ALMATY: Air Astana JSC, the leading airline group in Central Asia and the Caucasus regions by revenue and fleet size, has committed to a major fleet modernisation by signing a Memorandum of Understanding for up to 50 Airbus A320neo family aircraft. This would be the largest ever order placed by the airline, comprising of 25 firm…
LONDON: Air Astana JSC, Central Asia’s leading airline group, reported robust financial results for the second quarter and first half of 2025, driven by sustained revenue growth, disciplined cost management, and expanding passenger demand. The Group, which includes low-cost subsidiary FlyArystan, posted a 24.1% year-on-year increase in EBITDAR to USD 157.0 million and a 131.9%…
ALMATY: Air Astana JSC, the leading airline group in Central Asia and the Caucasus regions by revenue and fleet size, has signed a codeshare agreement with China Southern Airlines to cooperate on trunk routes between Kazakhstan and China, providing travellers with more flight options. The codeshare agreement, which was signed on 29 July 2025, covers…
LONDON: Air Astana JSC has announced the launch of a share buyback programme, approved by its Board of Directors on February 12, 2024. The programme aims to acquire up to 4,786,800 ordinary shares and global depositary receipts (GDRs), representing about 1.3% of the company’s total issued shares, with a budget of USD 12 million. This…
LONDON, UK: Air Astana, Kazakhstan’s flag carrier, has confirmed its plans to go public in a dual listing on the London Stock Exchange (LSE) and the Astana International Exchange (AIX) in February 2024. The airline will also list its shares on the Kazakhstan Stock Exchange (KASE). The initial public offering (IPO) will include both new…
Admission to Trading on the London Stock Exchange LONDON, UK: Air Astana, the largest airline group in Central Asia and the Caucasus regions based on market share, today announced its intention to proceeding with an initial public offering (IPO) of its GDRs and a concurrent offering in Kazakhstan in the form of Shares and GDRs….