Air Astana

Citi Appointed as Depositary Bank for Air Astana Group GDR Program

Retrieved on: 
Monday, February 19, 2024

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Air Astana Group (“Air Astana”), the flag carrier airline of Kazakhstan, to act as depositary bank for its Global Depositary Receipt (“GDR”) program.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Air Astana Group (“Air Astana”), the flag carrier airline of Kazakhstan, to act as depositary bank for its Global Depositary Receipt (“GDR”) program.
  • Air Astana’s Regulation S GDRs trade on the London Stock Exchange (“LSE”) under the symbol “AIRA” and on the Astana International Exchange (“AIX”) under the symbol “AIRA.Y” and Rule 144A GDRs under the symbol “AIRA”.
  • “We are delighted to be appointed by Air Astana as depositary bank for its GDR program,” said Dirk Jones, Global Head of Citi’s Issuer Services.
  • With depositary receipt programs in 67 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries and investors.

Aviation Capital Group Announces Delivery of One A320neo to FlyArystan

Retrieved on: 
Thursday, November 2, 2023

Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A320neo aircraft on long-term lease to FlyArystan.

Key Points: 
  • Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A320neo aircraft on long-term lease to FlyArystan.
  • View the full release here: https://www.businesswire.com/news/home/20231102958592/en/
    Airbus A320neo Aircraft on Long-Term Lease from Aviation Capital Group to FlyArystan.
  • (Photo: Business Wire)
    “ACG is thrilled to deliver another A320neo to Air Astana and FlyArystan,” said Claudio Cheinquer, ACG Vice President Marketing for Eastern Europe, Central Asia and Middle East.
  • “This is the third new A320neo on lease from ACG to Central Asian low-cost carrier, FlyArystan, a sustainable and very cost-effective platform that will help the airline maintain its growth trajectory.”

More than two-thirds of Western business leaders view Kazakhstan as an increasingly attractive investment destination due to political reforms

Retrieved on: 
Wednesday, November 16, 2022

LONDON, Nov. 16, 2022 /PRNewswire/ -- Two-thirds of Western business leaders believe constitutional reforms recently implemented by the President of Kazakhstan have made the country a more attractive investment opportunity, a new YouGov survey has revealed.

Key Points: 
  • Some 69% of European and US business leaders said the reforms were positive for the country, which sits at a strategic economic crossroads at the heart of Eurasia.
  • British and German business leaders were more positive about the benefits of the reform programme than their US counterparts.
  • Europe is Kazakhstan's biggest trading partner, and there are more than 4,000 companies with European connections currently operating in Kazakhstan.
  • That belief was strongest among US business leaders, where 72% perceived the Kazakh president as focused on human rights.

Air Lease Corporation Announces Lease Placement of Three New Boeing 787-9 Aircraft with Air Astana

Retrieved on: 
Friday, November 11, 2022

Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for three new Boeing 787-9 aircraft with Air Astana, the national carrier of Kazakhstan.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for three new Boeing 787-9 aircraft with Air Astana, the national carrier of Kazakhstan.
  • The aircraft are scheduled to deliver to Air Astana beginning in early 2025 through spring 2026 from ALCs order book with Boeing.
  • We are pleased to announce this lease placement for three new Boeing 787-9 aircraft with Air Astana today, said Steven Udvar-Hzy, Executive Chairman of Air Lease Corporation.
  • ALC is honored to announce this lease placement with longtime customer Air Astana and be a part of the airlines fleet modernization program by adding three highly efficient new Boeing 787-9 aircraft to Air Astanas fleet, added Alex Khatibi, Executive Vice President of Air Lease Corporation.

Major London investment forum highlights Kazakhstan's growing appeal to international investors and businesses

Retrieved on: 
Thursday, November 10, 2022

LONDON, Nov. 10, 2022 /PRNewswire/ -- New Economic Diplomacy and Pathways for Investing in Kazakhstan was the fifth Kazakhstan Investment Forum held by the Exchange and was attended by investors and companies active or preparing to move into Kazakhstan.

Key Points: 
  • LONDON, Nov. 10, 2022 /PRNewswire/ -- New Economic Diplomacy and Pathways for Investing in Kazakhstan was the fifth Kazakhstan Investment Forum held by the Exchange and was attended by investors and companies active or preparing to move into Kazakhstan.
  • The forum heard that the economic and political reforms of President Kassym-Jomart Tokayev were creating a strong platform for future growth and opportunities for investors.
  • Samruk-Kazyna will sell a stake of up to 5% in KazMunayGas (KMG) the country's national oil and gas company - to domestic and international investors on two Kazakhstan stock exchanges.
  • The conference came as a recent report from the Chamber of International Commerce of Kazakhstan - Is now the time to invest in Kazakhstan?

AIR ASTANA EXPANDS GLOBAL SALES CAPABILITIES AND INTERNATIONAL PASSENGER BASE WITH WORLDTICKET

Retrieved on: 
Wednesday, October 12, 2022

COPENHAGEN, Denmark, Oct. 12, 2022 /PRNewswire/ -- Air Astana, the national carrier of Kazakhstan, has partnered with WorldTicket to increase its international coverage into over 190 markets. WorldTicket (W2) is a travel distribution technology company that helps airlines efficiently grow their global sales reach and will provide Air Astana with global ticketing and GDS distribution solutions to help the carrier scale its international presence.

Key Points: 
  • WorldTicket (W2) is a travel distribution technology company that helps airlines efficiently grow their global sales reach and will provide Air Astana with global ticketing and GDS distribution solutions to help the carrier scale its international presence.
  • Air Astana is restoring its international flight network to pre-pandemic levels and plans to add 24 new aircraft to its fleet.
  • "As markets reopenand we resume international flights and regain 2019 demand levels, our partnership with WorldTicket will help us expand to new destinations," said Adel Dauletbek, Vice-President Marketing and Sales of Air Astana.
  • "Working with WorldTicket allows us to grow our passenger base, access a wider array of travel options for customers, and generate additional revenue."

AIR ASTANA EXPANDS GLOBAL SALES CAPABILITIES AND INTERNATIONAL PASSENGER BASE WITH WORLDTICKET

Retrieved on: 
Wednesday, October 12, 2022

COPENHAGEN, Denmark, Oct. 12, 2022 /PRNewswire/ -- Air Astana, the national carrier of Kazakhstan, has partnered with WorldTicket to increase its international coverage into over 190 markets. WorldTicket (W2) is a travel distribution technology company that helps airlines efficiently grow their global sales reach and will provide Air Astana with global ticketing and GDS distribution solutions to help the carrier scale its international presence.

Key Points: 
  • WorldTicket (W2) is a travel distribution technology company that helps airlines efficiently grow their global sales reach and will provide Air Astana with global ticketing and GDS distribution solutions to help the carrier scale its international presence.
  • Air Astana is restoring its international flight network to pre-pandemic levels and plans to add 24 new aircraft to its fleet.
  • "As markets reopenand we resume international flights and regain 2019 demand levels, our partnership with WorldTicket will help us expand to new destinations," said Adel Dauletbek, Vice-President Marketing and Sales of Air Astana.
  • "Working with WorldTicket allows us to grow our passenger base, access a wider array of travel options for customers, and generate additional revenue."

Aviation Capital Group Announces Delivery of One A320neo to FlyArystan

Retrieved on: 
Thursday, September 29, 2022

Aviation Capital Group LLC (ACG), announced today the delivery of one new Airbus A320neo aircraft on long-term lease to FlyArystan.

Key Points: 
  • Aviation Capital Group LLC (ACG), announced today the delivery of one new Airbus A320neo aircraft on long-term lease to FlyArystan.
  • This aircraft, featuring Pratt & Whitney PW1127GA-JM engines, is the first A320neo that ACG has delivered to FlyArystan.
  • View the full release here: https://www.businesswire.com/news/home/20220927006128/en/
    Aviation Capital Group Announces Delivery of One A320neo to FlyArystan (Photo: Business Wire)
    ACG is very excited to be a partner of Air Astana and FlyArystan in this momentous occasion, said Claudio Cheinquer, ACG Vice President Marketing for Central Asia, Middle East and Africa.
  • With the arrival of our 12th aircraft, our first new Airbus A320neo, FlyArystan will expand our route network and will offer affordable flights to a larger market, said Adrian Hamilton-Manns, Managing Director at FlyArystan.

Air Astana Increases Passenger Numbers by 79% in 2021

Retrieved on: 
Wednesday, February 9, 2022

Air Astana (the Company and together with its subsidiaries the Air Astana Group), the leading airline in Central Asia, provides its operational update for the year ended 31 December 2021:

Key Points: 
  • Air Astana (the Company and together with its subsidiaries the Air Astana Group), the leading airline in Central Asia, provides its operational update for the year ended 31 December 2021:
    The Air Astana Group carried 6.617 million passengers, an increase of 79% year-on-year:
    Air Astana carried 3.555 million passengers, an increase of 59%;
    The Air Astana Group carried 12,072 tons of cargo on scheduled flights and 6,700 tons on charter flights, which were respectively 30% and 45% above 2020 figures.
  • Air Astana also successfully completed IOSAs eighth safety audit and conducted C-Check on an Airbus A321 for the first time at its technical base in Nur-Sultan.
  • Air Astana is the leading airline in Central Asia and the flag carrier of the Republic of Kazakhstan.
  • Air Astana offers passengers full-service travel and award-winning levels of comfort and punctuality from a low-cost structure.

Air Lease Corporation Announces Delivery of One New Airbus A321-200neo LR Aircraft to Air Astana

Retrieved on: 
Monday, April 12, 2021

b'Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Astana.

Key Points: 
  • b'Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Astana.
  • This aircraft, featuring Pratt & Whitney PW1133G engines, is the fifth new A321-200neo LR to deliver to Air Astana from ALC\xe2\x80\x99s order book with Airbus.
  • In addition to the five A321-200neo LRs, Air Astana also has one A320-200, two A320-200neos and one A321-200neo on long-term lease from ALC.\n\xe2\x80\x9cALC is pleased to deliver this fifth A321-200neo LR aircraft to Air Astana today,\xe2\x80\x9d said Steven F. Udvar-H\xc3\xa1zy, Executive Chairman of Air Lease Corporation.
  • ALC routinely posts information that may be important to investors in the \xe2\x80\x9cInvestors\xe2\x80\x9d section of ALC\xe2\x80\x99s website at www.airleasecorp.com.