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01/14/08

The Breakthrough of Kazakh Aviation


The Board of Directors of JSC Air Astana representing the shareholders Samruk State Holding and BAE Systems PLC have agreed to sign a Letter of Intent (LOI) for the firm order of 6 Airbus A320 family and 3 Boeing 787-8 aircraft powered by Rolls Royce Trent 1000 engines.

Category: General
Posted by: admin

In addition to the firm order, the Board has agreed for the company to place 3 options for Airbus A320 and 3 purchase rights for Boeing 787-8 aircraft.

The total value of the orders at manufacturers’ list price represents USD 950 million for the firm orders and USD 736 million for the options and purchase rights. Delivery of the aircraft will start from 2012.

Peter Foster, President of Air Astana said “This order represents Air Astana’s first order to purchase its own aircraft, consistent with its Strategic Business Plan which will see the fleet expanding from 18 aircraft at present to 63 aircraft in 2022. Air Astana is happy to make this announcement in celebration of the Independence Day of the Republic of Kazakhstan”.

Air Astana is a joint venture between the Samruk State Holding and the British BAE Systems, with the equity share of 51% and 49% correspondingly. Currently, the Air Astana fleet consists of Western aircraft, including B767-300, В757-200, А321, А320, and F50. Air Astana was founded in September 2001 and commenced flying in May 2002. It presently operates on 25 domestic routes within Kazakhstan, and 21 international routes from its hubs of Almaty, Astana and Atyrau. It is one of the world’s fastest growing airlines.

Moreover Air Astana has signed in November 2007 an Agreement with Lufhansa enabling card holders of its (LH) ‘Miles & More’ frequent flyer programme to accrue mileage on designated Air Astana flights and routes. The agreement extends to partnership airlines using ‘Miles & More’ branded cards including Austrian, LOT and Swiss, and is active with immediate effect.