Kazakhstan-based Air Astana is seeing a marked improvement in operating profit and domestic traffic demand following the May launch of its LCC subsidiary FlyArystan. Air Astana’s 2019 first-half revenue fell slightly to $372.6 million, down from $386.5 million a year-ago, while CASK improved 7% to 5.33 cents. “Whilst revenue was marginally down, the company reported an operating profit of $6.8 million, with EBITDAR up 49% at $50.0 million, despite a challenging global economic ...

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