Record passenger numbers for Air Astana in 2023  

Air Astana has published its full year results for 2023, the Kazakhstan flag carrier’s first set of results since its IPO across three stock exchanges in February 2024, noting strong growth with record passenger numbers and increased capacity. In the full year 2023, total revenue and other income reached $1.2bn, an increase of 13.8%. Operating profit was also up to $136 million, an increase of 12.9% (excluding gains from fuel hedging and the impact of partial mobilisation in Russia). Adjusted group EBITDAR increased 4.3% to $300.8 million. “All our markets continue to perform well and we have demonstrated our ability