Discover Qazaqstan via News and Inspiring Stories

QazMonitor Logo
Facebook Qazmonitor iconInstagram Qazmonitor iconTiktok Qazmonitor iconTwitter Qazmonitor iconTelegram Qazmonitor iconYoutube Qazmonitor icon
  1. Main Page
  2. Business
  3. Air Astana Intends to Hold IPO in 2024
Astana, Kazakhstan • 24 January, 2023 | 12:07

Air Astana Intends to Hold IPO in 2024

The head of state was informed of the airline’s plans for 2023-2027

QazMonitor Logo

The national airline Air Astana announced its plans to hold an initial public offering (IPO) in 2024, QazMonitor reports citing Akorda’s press service.

President Kassym-Jomart Tokayev held a meeting with the company’s CEO Peter Foster, who informed the head of state of the airline’s IPO plans and intentions to expand its fleet with the new generation Airbus A320 and Boeing 787 Dreamliner aircrafts.

The delivery is scheduled for 2025.

press service of Akorda
press service of Akorda

Mr.Foster also shared the prospects of the company's low-cost carrier FlyArystan and the measures to improve passenger traffic through pricing policy.

Only 30% of an article published on The Qazaqstan Monitor website may be used with a mandatory hyperlink provided to indicate the original source. To re-publish the full article, written permission from the editorial is required.