/KASE, November 5, 2024/ – Air Astana JSC (Almaty), whose shares are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release dated November 5, 2024:
quote
Air Astana Joint Stock Company (the "Company" and, together with its subsidiary
FlyArystan, the "Group"), the largest airline group in Central Asia and the
Caucasus regions by revenue and fleet size, today announces its financial and
operational results for the third quarter and nine months ended 30 September
2024.
Highlights
Robust RASK, EBITDAR and margin growth continued in Q3
- Total revenue and other income excluding non-recurring items* increased
10.4% YoY to USD 410.0M (Q3 2023: USD 371.5M).
- Adjusted EBITDAR excluding non-recurring items* was up 12.6% YoY to
USD 128.8M (Q3 2023: USD 114.4M). Adjusted EBITDAR margin excluding
non-recurring items* expanded to 31.4% (Q3 2023: 30.8%).
- ASK up 8.4% YoY to 5.9B (Q3 2023: 5.4B).
- RPK of 5.1B, an increase of 9.8% YoY (Q3 2023: 4.7B).
- Proactive yield management across both airline brands resulted in RASK
excluding nonrecurring items* growing 1.8% YoY to USD 6.95¢ (Q3 2023:
6.83¢), while CASK rose 2.8% YoY.
- Negative growth gap between RASK and CASK improved from 2.0pp in Q1
to 1.0pp in Q3.
- Along with 8.4% capacity growth, the number of Group passengers carried in
the reporting quarter totalled 2.8M, an increase of 9.9% YoY, with an
average load factor of 87.0%, a 4.2pp uplift on the previous quarter and
1.1pp on Q3 2023.
* Non-recurring item (NRI): Q3 2024 included net IPO related expenses of US
$2.0m. Q3 2023 included IPO related expenses of US $0.5m and revenue of US
$1.1m from the extraordinary market event (EME) impacted by partial
mobilisation in Russia. 9M 2024 included net IPO related expenses of US
$11.4m and donations of US $2.7m in connection with the flood situation in
Kazakhstan. 9M 2023 included IPO related expenses of US $0.9m and revenue
of US $10.0m from the extraordinary market event (EME) impacted by partial
mobilisation in Russia.
unquote
The complete press release is available on:
-
https://kase.kz/files/emitters/AIRA/aira_relizs_051124_kz.pdf – in Qazaq;
-
https://kase.kz/files/emitters/AIRA/aira_relizs_051124_1.pdf – in Russian;
-
https://kase.kz/files/emitters/AIRA/aira_relizs_051124_en.pdf – in English.
[2024-11-05]