Air Astana first half profits fall

Air Astana has reported a decline in first half year net profit to $4.95 million from $36.9 million a year ago. Revenue was up by 13% to $394 million. The airline flew 13%v more passengers during the first half of the year with a capacity increase of 11% by the addition of a 757-200 and three E190s. “The first half was challenging due to fuel price increases of more than 140% over the same period last year. The first quarter in particular was very tough.” KC president Peter Foster said. “The second half, traditionally our strong period, is looking more