Air Astana seeks to bounce back after Covid-19 losses | News

Air Astana has reported a loss of $94 million for 2020. The 2020 figure, just

Air Astana has reported a loss of $94 million for 2020.

The 2020 figure, just the second-ever yearly loss for the flag-provider of Kazakhstan, was the result of total or partial shutdowns prompted by the coronavirus pandemic.

The closures resulted in ability and revenue falls of 47 for every cent and 55 per cent, respectively.

Overall passengers carried fell by 28 for each cent to 3.7 million.

Even so, the carrier is estimating economical overall performance for the blended months of January and February are at the maximum level due to the fact 2017 as the fightback starts.

Commenting on the final results, Air Astana chief government, Peter Foster, mentioned: “While the devastating impact of the pandemic on global vacation desires no elaboration, the airline is resilient.

“Domestic air journey recovered strongly from May, and our low-cost provider FlyArystan recorded 110 per cent passenger development.

“Cargo had a excellent calendar year, served by the conversion of a Boeing 767 into an all-freight configuration, and the partly-restored worldwide community, alongside one another with new leisure routes, recorded improved yields and load factors in the ultimate weeks of the 12 months.

“We are observing these trends carry on into 2021, therefore the improved outlook for this yr.”

In recent months Air Astana has restored some flights to Moscow, Dubai, Tashkent, Frankfurt, Seoul, Bishkek, Kiev, Istanbul, Antalya and Sharm El Sheikh, in addition to starting off flights to The Maldives, Mattala (Sri Lanka) and Hurghada (Egypt).

The airline retired its fleets of Boeing 757 and Embraer 190 plane in 2020.

It now operates completely Airbus 321 Lengthy Range and late-design Boeing 767s on its important global routes.