Air Astana places $3.6bn order for 30 Boeing 737 Max aircraft

Buying Business Travel | November 19, 2019

Air Astana places $3.6bn order for 30 Boeing 737 Max aircraft
Air Astana is planning to buy 30 Boeing 737 Max 8 aircraft for its new low-cost carrier FlyArystan. The flag carrier of Kazakhstan announced the US$3.6 billion order (list price value) at the Dubai Airshow. Since beginning operations in May 2002, Air Astana has grown its business from hubs in Almaty and Nur-Sultan (formerly Astana), to more cities in Kazakhstan, Central Asia, Asia, China, Europe and Russia. Other aircraft in its fleet include the Boeing 757, 767 and the Airbus A320 family.

Spotlight

Luxembourg, 23 March 2016 – In its 45th anniversary year and against a background of low yields, continued overcapacity and declining volumes, the Cargolux Group performed extremely well, achieving record levels of tonnage and block hours and ended the year on a net profit after tax of US$ 49 million. The company outperformed not only the market, but also its direct competitors in Europe who, in some cases, retired freighters or reduced their air cargo activities. “It is a sign of our company’s strength that, despite the energy we needed to achieve a CWA compromise, we managed to achieve a significant boost in our performance and a healthy profit, contrary to most of our European competitors,” says Dirk Reich, Cargolux President & CEO. “While this excellent result benefitted from a reduction in fuel costs, it is in large part due to the hard work of our people, as well as our strategy and the corresponding measures that we began to introduce in 2014 in order to reduce our costs.”

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Spotlight

Luxembourg, 23 March 2016 – In its 45th anniversary year and against a background of low yields, continued overcapacity and declining volumes, the Cargolux Group performed extremely well, achieving record levels of tonnage and block hours and ended the year on a net profit after tax of US$ 49 million. The company outperformed not only the market, but also its direct competitors in Europe who, in some cases, retired freighters or reduced their air cargo activities. “It is a sign of our company’s strength that, despite the energy we needed to achieve a CWA compromise, we managed to achieve a significant boost in our performance and a healthy profit, contrary to most of our European competitors,” says Dirk Reich, Cargolux President & CEO. “While this excellent result benefitted from a reduction in fuel costs, it is in large part due to the hard work of our people, as well as our strategy and the corresponding measures that we began to introduce in 2014 in order to reduce our costs.”