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(03/04/24)
FlyArystan, Air Astana’s low-cost airline
subsidiary, has been
granted its Air Operator Certificate (AOC) from the Aviation
Administration of Kazakhstan (AAK).
The AOC issued on 1 April 2024 follows an
extensive audit and examination process by the AAK and
demonstrates FlyArystan’s adherence to both domestic aviation
legislation and international operational standards.
Since its launch
in 2019, FlyArystan has operated under the Air Astana AOC.
FlyArystan A320 preparing to take off from ALA. Picture by Steven Howard of TravelNewsAsia.com
Under
its own AOC, FlyArystan will be able to align operations more
effectively with its low-cost carrier model and pursue additional
growth opportunities. FlyArystan remains a wholly-owned subsidiary
of the group, the largest in Central Asia and the Caucasus regions
by revenue and fleet size.
A separate AOC will also enable FlyArystan
to receive its own IATA code which in turn will allow it to expand
distribution globally and to partner with other airlines.
“The
Air Astana Group comprises two differentiated and complementary
airline brands,” said Peter Foster, CEO of Air Astana Group. “Since its launch five years ago, FlyArystan has
grown into the market leader in Kazakhstan while stimulating the
market, providing 3.6 million passengers with low-cost air travel
in 2023 and expanding the fleet from four to 18 aircraft, with a
further six to be delivered in 2024. This makes it the right time
for FlyArystan to obtain its own operator certificate, reflecting
the increased size and operational complexity of the airline. It
provides the regulatory framework for FlyArystan to continue to
grow while pursuing opportunities for international expansion.”
The group is listed on the Kazakhstan Stock
Exchange, Astana International Exchange and London Stock Exchange.
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