Cargo helps keep Air Astana profitable

Despite a clear contribution to the bottom line Kazakhstan’s national carrier Air Astana is unlikely to become a cargo mover of either niche, or note its president Peter Foster has told Payload Asia.


Cargo helps keep Air Astana profitable


Despite a clear contribution to the bottom line Kazakhstan’s national carrier Air Astana is unlikely to become a cargo mover of either niche, or note its president Peter Foster has told Payload Asia. Cargo services contribute 12 per cent of Air Astana’s revenue said Foster which has helped give it an unbroken record of profitability since 2003, but how that money is derived is lopsided.

There is substantial inbound trade as Kazakhstan imports electronics and food stuffs, but this is not matched on the outbound side. The country’s money comes from oil, gas and mining which is moved by pipelines and railways not planes. “We do see ourselves primarily as a passenger carrier. There is cargo demand but it’s very imbalanced,” acknowledged Foster.