30 July 2024

Lease agreement for seven Airbus A321neo LR aircraft

Air Astana Group, the largest airline group in Central Asia and the Caucasus by revenue and fleet size, announces that on 26 July 2024, it signed an agreement with Air Lease Corporation for the operating lease of seven Airbus A321neo LR aircraft following the Board approval of this major transaction on 25 July 2024. Deliveries will take place starting from 2026. The agreement supports the Group's plans to expand the fleet to 80 aircraft by the end of 2028.

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About Air Astana Group

Air Astana Group is the largest airline group in Central Asia and the Caucasus regions by revenue and fleet size. The Group operates a fleet of 54 aircraft split between Air Astana, its full-service airline that operated its inaugural flight in 2002, and FlyArystan, its low-cost airline established in 2019. The Group provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, regional and international routes across Central Asia, the Caucasus, the Far East, the Middle East, India and Europe. Air Astana has been recognised by SkyTrax as the Best Airline in Central Asia & CIS twelve times and received the Best Airline Staff Service in Central Asia & CIS award eight times in a row. FlyArystan has been recognised as the Best Low-Cost Carrier in Central Asia & CIS at the SkyTrax awards twice. Additionally, Air Astana was awarded a five-star rating in the major airline category by the Airline Passenger Experience Association (APEX). The Company is listed on the Kazakhstan Stock Exchange, Astana International Exchange and London Stock Exchange (ticker symbol: AIRA).