– Ibrahim, how do you assess Air Astana’s position in the regional and global aviation markets?
– We benchmark ourselves against global standards. Today, the Group holds a leading position in Central Asia and the Caucasus, and our goal is to become a global leader in the aviation industry.
Air Astana’s strategic advantages are underpinned by operational efficiency and the infrastructure we have built over many years. The continued development of this foundation also contributes to the development of Kazakhstan’s aviation infrastructure.
– How does Air Astana plan to expand its fleet to 86 aircraft by 2030?
– The Group currently has 63 aircraft in its fleet, and that number will increase to 67 by the end of 2026. By 2030, we expect to expand the fleet to 86 aircraft.
In addition, we have placed orders for up to 65 aircraft, with deliveries beginning in 2031. Manufacturers have very large order backlogs, so through the end of 2030 we will expand the fleet through operating leases.
– What factors place the greatest constraints on the company’s investment plans?
– Key factors include the condition of airport infrastructure, fuel supply, aircraft delivery timelines, and the availability of qualified personnel. To achieve our objectives, we need to train more technical specialists while simultaneously developing our in-house technical capabilities.
It is equally important for supporting infrastructure to grow alongside the airline, including airports, terminals, and the aviation fuel supply system. These areas need to develop at comparable rates.
– How will the company finance the long-term renewal of its fleet?
– We can use both operating and finance leases. In terms of their impact on the balance sheet, these models are largely comparable. Operating leases will be the primary mechanism through 2030, and once deliveries under the new orders begin, we plan to combine both models.
For finance lease transactions, we expect to secure about 80% of the financing through the Export-Import Bank of the United States—US EXIM—and European export credit agencies (ECA).
– What are Air Astana’s investment priorities for the next three to five years?
– One of our main priorities is developing our maintenance facilities and workforce capabilities. We will invest in hangars in Almaty and Astana and continue developing our training academy to reduce our reliance on external service providers.
In addition, we will continue investing in maintenance, specialist training, and employee upskilling.
