/KASE, April 30, 2024/ – Air Astana JSC (Almaty), whose shares are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the
following press release dated April 30, 2024:
quote
Highlights
Strong revenue growth in seasonally weaker first quarter
- Total revenue and other income excluding non-recurring items*
increased 13.3% YoY to USD 264.7M.
- EBITDAR excluding non-recurring items* was up 6.9% YoY to USD
50.0M.
- RPK increased 13.5% YoY to 3.4B.
- RASK excluding non-recurring items* decreased 1.6% YoY to US 6.41¢,
largely driven by the higher growth of FlyArystan which has a relatively
lower RASK compared to Air Astana.
Further passenger and capacity growth ahead of summer; fleet and route
expansion in line with growth strategy
- Total number of carried passengers grew 18.5% YoY to 1.9M on load
factor of 81.2%.
- ASK was up 15.2% YoY to 4.1B, comprising growth of 8.5% at Air
Astana and 35.1% at FlyArystan.
- Group fleet increased to 50 aircraft following delivery of one Airbus
A321neo to Air Astana in January (51 post-period with delivery of one
Airbus A320neo to FlyArystan in April).
- FlyArystan executed a lease agreement for a further two A320ceo
aircraft, in addition to the earlier fleet plan, with deliveries expected in
the first quarter of 2025.
- Rested engines during the first quarter as per plan in order to maximise
production during the summer peak.
- Planning to add further capacity on certain Air Astana flights during peak
season due to high demand.
*Non-recurring items: impact of partial mobilization in Russia which caused an
extraordinary market event (EME) in first quarter of 2023 and IPO expenses in
first quarter of 2024.
unquote
The complete press release is available on:
-
https://kase.kz/files/emitters/AIRA/aira_relizs_300424_kz.pdf – in Qazaq;
-
https://kase.kz/files/emitters/AIRA/aira_relizs_300424_1.pdf – in Russian;
-
https://kase.kz/files/emitters/AIRA/aira_relizs_300424_en.pdf – in English.
[2024-04-30]