Air Astana net profit falls 62% to $19.3 million in 2014

Credit: By Kurt Hofmann
Kazakhstan-based Air Astana has reported a net profit of $19.3 million in 2014, down 62% year-over-year. According to a company statement, the profit decline was due to a one-off revaluation of external debt of $49 million caused by the devaluation of the Kazakh tenge by 19% in February 2014. Foster...

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