/KASE, May 2, 2025/ – Air Astana JSC (KASE ticker – AIRA) has announced
the following:
quote
May 2, 2025
Air Astana JSC (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, announces its results for the first quarter ended 31
March 2025.
Highlights
Strong revenue and EBITDAR growth in seasonally weaker first quarter
- Total revenue and other income increased 10.4% to USD 292.4 million (Q1
2024: USD 264.7 million).
- EBITDAR increased 37.1% to USD 59.9 million (Q1 2024: USD 43.7 million).
EBITDAR margin improved by 4.0pp to 20.5% (Q1 2024: 16.5%).
- ASK up 13.5% to 4.7 billion (Q1 2024: 4.1 billion).
- RPK increased 13.9% to 3.8 billion (Q1 2024: 3.4 billion).
- Unit revenues continue to be managed ahead of unit costs, extending the
positive trend from Q4 2024 despite the seasonally weaker quarter.
- RASK decreased 2.7% to USD 6.23¢ (Q1 2024: 6.41¢). This was
partially due to fare increases, made to reflect the Tenge depreciation,
being phased in during the quarter (the full effect of fare adjustments will
be recognized from Q2). In addition, the quieter Ramadan period fell
entirely in Q1 this year (with no impact in Q2).
- CASK reduced by 5.7% to USD 6.09¢ (Q1 2024: 6.46¢) driven primarily
by lower fuel costs and the reduction in Tenge denominated costs.
- Group passengers carried increased 7.1% to 2.0 million (Q1 2024: 1.9
million), with a 0.3 pp improvement in average load factor to 81.5% (Q1 2024:
81.2%).
unquote
Full version of the press release in Russian –
https://kase.kz/files/emitters/AIRA/aira_relizs_020525_1.pdf
Full version of the press release in English –
https://kase.kz/files/emitters/AIRA/aira_relizs__020525_en.pdf
[2025-05-02]