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Air Astana Group announces profit of US$36.1 million in 2021

Kazakhstan’s Air Astana Group recovered from a loss-making 2020 to declare a profit after tax of US$36.1m in 2021. Total airline revenue increased by 92% to US$756m. It carried a […]

Kazakhstan’s Air Astana Group recovered from a loss-making 2020 to declare a profit after tax of US$36.1m in 2021. Total airline revenue increased by 92% 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 carried 3.5 million passengers whilst its low-cost subsidiary FlyArystan carried 3.1 million passengers. Freight carriage grew by 27%.

Commenting on the results, President and CEO Peter Foster stated that the group “recovered from the effects of the global pandemic far quicker than expected. 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 ‘lifestyle’ routes to tourist destinations exceeded all expectations”.

Looking forward, Foster stated “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”.

Air Astana suspends all flights to Rusia
Air Astana sincerely regrets to advise that due to the withdrawal of insurance coverage for commercial flights to, from and over the Russian Federation, all flights to the Russian Federation are suspended with immediate effect. Passengers of cancelled flights are offered full refund at the place of purchase.

Air Astana is working with Government on a solution to this problem in order to be able to restore flights as soon as possible.

Air Astana resumes flights from London to Nur-Sultan
Air Astana resumed its twice-weekly service from London Heathrow to Kazakhstan’s capital Nur-Sultan. Flights on Saturdays and Wednesdays are operated using Airbus A321LR aircraft.

The flight arrival into Nur-Sultan offers convenient onward connections to Tashkent in Uzbekistan and Bishkek in Kyrgyzstan. 

Kazakhstan recently established a visa-free regime for a number of countries, including the UK. Passengers are required to present a negative COVID-19 test taken 72 hours prior to entering the country or valid vaccination passport.
 

Co-Founder & Chief Editor - TravelDailyNews Media Network | + Articles

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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