2023: Air Astana, Kazakhstan's flag carrier, saw a 12.4% profit drop despite record 8.1 million passengers, citing rising jet fuel prices as a key factor.
Air Astana, Kazakhstan's flag carrier, experienced a 12.4% drop in profit after tax for 2023, despite carrying a record 8.1 million passengers, up 10.1%. The airline attributed the decline to "industry-wide" cost headwinds such as rising jet fuel prices. Air Astana, which listed in London earlier this year, plans to expand its fleet by seven aircraft in 2024.
March 15, 2024
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