/KASE, April 3, 2024/ – Air Astana JSC (Almaty), whose shares are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the
following press release dated April 3, 2024:
quote
Air Astana Joint Stock Company (the "Company" and, together with its subsidiary
FlyArystan, the "Group"), the largest airline group in Central Asia and the
Caucasus regions by revenue and fleet size, is pleased to announce that
FlyArystan, its low-cost carrier brand, has been granted its Air Operator
Certificate (AOC) from the Aviation Administration of Kazakhstan (AAK).
The AOC issued on 1 April 2024 follows an extensive audit and examination
process by the AAK and demonstrates FlyArystan's adherence to both domestic
aviation legislation and international operational standards. Since launch in
2019, FlyArystan has operated under the Air Astana AOC. Under its own AOC,
FlyArystan will be able to align operations more effectively with its low-cost
carrier model and pursue additional growth opportunities. FlyArystan remains a
wholly-owned subsidiary of the Group.
This is a strategic decision that will benefit both the Group and customers of
FlyArystan. A separate AOC is vital for the growth and development of the
airline. Operationally, it will ensure greater efficiency and recognition among
aviation authorities worldwide. It also enables FlyArystan to receive its own
IATA code which will allow it to expand distribution globally and to partner
with other airlines.
unquote
The complete press release is available on:
-
https://kase.kz/files/emitters/AIRA/aira_relizs_030424_kz.pdf – in Qazaq;
-
https://kase.kz/files/emitters/AIRA/aira_relizs_030424.pdf – in Russian;
-
https://kase.kz/files/emitters/AIRA/aira_relizs_030424_en.pdf – in English.
[2024-04-03]