Air Astana to launch a low cost airline, FlyArystan

Wednesday 7th November 2018

Air Astana is pleased to announce that it is to launch a low cost airline in the first half of 2019. The airline will be called FlyArystan. It will operate a fleet of Airbus A320 aircraft configured to an all-economy class of 180 seats. It will operate a classic LCC model, following the examples of highly successful airlines such as easyjet, Indigo, Cebu Pacific, and Air Asia. It will offer low airfares - approximately half of what Air Astana offers today - on mostly domestic routes - but it is expected to expand onto regional international routes in the mid-term.

It will operate initially 4 aircraft, growing to a fleet of at least 15 by 2022. FlyArystan will operate from multiple aircraft bases in Kazakhstan with routes and aircraft bases to be announced over the coming months.

FlyArystan's management team has already been appointed and is drawn from Air Astana's senior local managers, whom the airline has been developing for the last 16 years. The team will be led by Tim Jordan, a British-Australian national with more than 15 years' senior LCC management experience at Cebu Pacific and Virgin Blue.

Although FlyArystan will be a low cost airline, with very different service procedures to those of Air Astana, it is to be stressed that as a division of Air Astana, there will be no degradation of airline safety or reliability standards. All safety standards and regulatory processes to which Air Astana is subject, will automatically apply to FlyArystan. Finally, and as usual with Air Astana, the project will be entirely self-funded. FlyArystan will require no capital from shareholders, no state subsidies or external financial support of any kind.

Peter Foster, President & CEO of Air Astana, was quoted as saying "FlyArystan is the result of much serious thought and internal business planning, and comes as a result of a rapidly changing local and regional airline business environment. It will be good for the mid to long-term prospects of Air Astana, and we hope, very welcome to the Kazakhstan travelling public, who will be able to benefit from significantly cheaper airfares on domestic and regional routes".

About Air Astana

Air Astana, the national carrier of Kazakhstan, operates flights to over 60 domestic and international routes from hubs in Astana and Almaty. The company was incorporated in late 2001 and commenced operations on 15 May 2002. The Air Astana fleet consists of Boeing 767, 757, Airbus A319, A320, A320neo, A321, A321neo and Embraer 190 aircraft. Air Astana became the first carrier from Russia, the Commonwealth of Independent States (CIS) and Eastern Europe to be awarded a prestigious 4-Star rating by Skytrax at its World Airline Awards 2012 and was also named 'The Best Airline in Central Asia and India' that year. Both achievements were repeated in 2013, 2014, 2015, 2016, 2017 and 2018. Air Astana is a joint venture between Kazakhstan's national wealth fund, Samruk Kazyna, and BAE Systems, with respective shares of 51% and 49%. Air Astana was named Winner in the TripAdvisor 2018 Travellers' Choice Awards.

www.airastana.com