Kazakhstan's Air Astana Group, which includes Kazakhstan's national airline Air Astana and low-cost airline FlyArystan, reported record revenue of $2022 billion in 1,03 - up 36 percent from 2021.
After-tax profit was $78,4 million, up 115 percent year-over-year. A total of 7,35 million passengers used the airline group's offers, an increase of 11 percent. The group thus achieved the best results in its 20-year history in all three areas.
“Despite the political unrest in Kazakhstan in January 2021 and Russia's war of aggression in Ukraine, which has been ongoing since February, the Air Astana Group has significantly exceeded expectations. We were able to compensate for the loss of revenue caused by the closure of airspace over Russia by increasing capacity on flights to Europe, Asia, India and the Caucasus. 2023 promises stable passenger growth even as ongoing resource and supply chain constraints at airports and service providers and inflation put pressure on the entire airline industry,” said Peter Foster, President and CEO.