Air Astana Group posts 2021 profit - TravelMole


Air Astana Group posts 2021 profit

Saturday, 09 Mar, 2022 0

Kazakhstan based Air Astana Group recovered well from a loss-making, pandemic-hit by 2020 to repoort a profit after tax of USD36.1m in 2021.

Total airline revenue increased by 92% year-on-year to US$756m.

It carried a total of 6.6million passengers, an increase of 79% and the highest in its history.

Its full-service arm Air Astana carried 3.5 million passengers whilst low-cost subsidiary FlyArystan carried 3.1 million passengers.

Freight carriage grew by 27%.

It ‘recovered from the effects of the global pandemic far quicker than expected,’ President and CEO Peter Foster says.

Domestic traffic was strong and FlyArystan, in what is effectively its first full year of operation given that 2020 was partially a write-off, posted very strong growth and a small profit.

“Regional international yields firmed, and new routes to tourist destinations exceeded all expectations,” Foster said.

“2022 has thrown up new and early challenges. The troubles in Kazakhstan in early January were a V-shaped event for us however the conflict in Ukraine, a country in which we have had a strong presence since 2013, is posing multiple challenges.”

“We pray that it may be resolved soon not only for business reasons but more importantly, so that people in affected countries to which we fly can return to their normal lives”.



Learn more about :   Air Astana ( United Kingdom )     Air Astana ( N. America )     Air Astana ( Asia Pecific )  



 

profileimage

Ray Monty



Most Read

Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns

James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel

Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination

Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari