Air Astana, Kazakhstan’s principal airline, recorded an operating profit of $26.3 million and International Financial Standards Reporting (IFRS) net profit of $16.5 million for the 2nd quarter 2014, increases of 24% and 7% respectively over 2013. The airline carried 939,000 passengers, a slight increase over 2013, and generated revenues of $230m, 4% less than in 2013. The figures represent a profit rebound after the year’s 1st quarter was adversely affected by the 19% devaluation of the Kazakh Tengue in February. The airline also took delivery of three new Airbus A320 and one new Boeing 767-300ER during the period.Continue Reading...
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