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Air Astana Buys Back 4.1 Million Shares in November 2024

Air Astana, Kazakhstan’s national airline, has announced the buyback of 4.1 million shares and Global Depositary Receipts (GDRs) in November 2024. The transaction, valued at $11.9 million, is part of the airline’s ongoing strategy to manage its financial structure and enhance shareholder value.

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Air Astana to Launch Direct Astana-Phu Quoc Flights in December

Air Astana, the national airline of Kazakhstan, has announced the launch of direct flights from Astana to Phu Quoc, Vietnam, scheduled to commence on December 3, 2024. The service will be operated by the Airbus A321LR, an extended-range variant designed to provide greater efficiency and comfort on longer routes. This new route marks Air Astana’s continued expansion into Southeast Asia, catering to both leisure…

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Air Astana Group Expands Fleet to 57 Aircraft and Accelerates E2 Redelivery

Air Astana Group, Kazakhstan’s national airline, has reported accelerated fleet growth, expanding from 49 aircraft at the close of 2023 to 57 aircraft as of this year. This expansion came ahead of schedule as part of Air Astana’s strategic response to operational demands and future growth plans. The airline has also adjusted its redelivery timeline…

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Air Astana Group Reports 10.4% Revenue Growth in Q3 2024

Air Astana Group, the national airline group of Kazakhstan, has reported strong financial results for the third quarter of 2024, achieving a 10.4% increase in total revenue and other income, reaching $410 million. The group’s adjusted EBITDAR rose by 12.6% to $128.8 million, reflecting operational efficiency and growing demand across its network. With a robust…