Air Astana Sees Rebound Tied to Kazakhstan’s Recovery
by Neelam Mathews Dec 4, 2017 As Kazakhstan’s economy starts to bounce back after two years of currency devaluation, GDP declines and suppressed oil prices, Almaty-based Air Astana has resumed expanding its scope of operations in Russia, the Central Asian countries, South Asia and China. Located at the crossroads of Asia and Europe, Kazakhstan stands geographically well positioned to attract transit traffic, which accounts for a growing proportion of Air Astana’s revenues. Air Astana flies to 46 international and 20 domestic destinations. “We are conscious the domestic market is very limited…That is why we are here [in India],” Air Astana CEO Peter Foster told AIN during a recent interview in Delhi. “Because of our geographical location, we can fly from nowhere to anywhere.” Seventeen Airbus A320neos, five Embraer E190s and three Boeing 787s have fueled Air Astana’s fleet expansion. It expects to take delivery of another two A320neos by...