Air Astana net profit for 2015 increases by 144%

Air Astana has reported a net profit (unaudited) for 2015 of $47.4 million, an increase of 144% over 2014.  Passenger numbers for the year increased by 2% to 3.86 million, whilst capacity increased by 6%. Total revenue fell by 21% from $933 million to $738.1 million. Commenting on the results, Air Astana President & CEO Peter Foster, said: “A sharp fall in revenue was more than compensated for by significant cost savings, including, though not limited to, jet fuel savings.  In spite of extremely challenging local and regional market conditions we were able to grow capacity and add new routes