Air Astana releases Q3-2024 financial and operational results

Central Asia’s Air Astana Joint Inventory Firm introduced its monetary and operational outcomes for the third quarter and 9 months ended 30 September on Tuesday, fifth November.

The airline agency reported strong RASK, EBITDAR, and regular ongoing margin development all through the third quarter of this yr. 

The Q3 report additionally exhibits that complete income and different revenue excluding non-recurring gadgets elevated 10.4 % year-on-year (YOY)  to US$ 410.0 million. 

Adjusted EBITDAR excluding non-recurring gadgets was up 12.6 % YoY to US$128.8 million, whereas the adjusted EBITDAR margin excluding non-recurring gadgets expanded to  31.4 %.  

ASK up 8.4 % YoY to five.9B (Q3 2023: 5.4B), whereas RPK of 5.1B was reported, marking a rise of 9.8 % YoY.

Improved operational capability

Air Astana chief government Peter Foster likewise remarked on the way in which the Group continued to enhance general capability and operational effectivity all through the third quarter.

Foster mentioned: “We’re additionally making nice strides in growing the Group’s capability and operational effectivity. Our fleet  improvement plan stays forward of schedule, reaching 57 plane, and we have now accelerated the  simplification of our fleet with the redelivery of two E2s in 2024, with the rest scheduled for 2025.  

“We now have efficiently launched further central gasoline tanks on the Airbus A321LR enabling continuous  flights over long-haul distances. Beginning with a continuous flight to London, Air Astana now affords certainly one of  the longest narrow-body routes on the earth on our most effective fleet.”