Latest Articles:
Published 29 February 2024
Are revenue trends improving? We compare the data for January-December 2023 with 2019-2022, and provide our estimates for passenger and cargo indicators (5 pages, 6 tables [revenues from passenger and cargo transportation in KZT and USD; our estimates for passenger revenue per passenger and per RTK, and for cargo revenue per tonne and per RTK, in KZT and USD in 2019-2023])
Published 22 February 2024
We provide an overview of the sector and of recent operating results, including our estimates, based on official data; did strong traffic growth continue? (4 pages, 4 tables [passenger operating data for 12mo 2012-2023, for each month in January-December 2023; for 4Q 2019-2023; and for each quarter of 2023; all with year-on-year changes])
Published 15 February 2024
We look at the sector, examine recent operating results from several perspectives, and estimate some data (4 pages, 4 tables [cargo operating data in January-December 2012-2023; in each month in January-December 2023; in October-December 2019-2023; and in January-March, April-June, July-September, and October-December 2023; all with year-on-year changes])
Published 23 December 2023
We hope to see you on our website reading our research in the coming year
Published 22 December 2023
Humo Air was formerly a state-owned operator of An-2s; it is now privately owned and leases Western-made aircraft; the company has ambitious plans (4 pages, 1 table [Humo Air at a glance])
Published 15 December 2023
The company has received aircraft and, after some delays, hopes to start flights in 2024; who owns Air Samarkand and what is the company's strategy? (4 pages, 1 table [plans for Air Samarkand at a glance])
Published 29 November 2023
We provide an overview of the sector and of recent operating results, including our estimates, based on official data, for some key metrics (5 pages, 6 tables [passenger operating data for 9mo 2019-2023, 3Q 2019-2023, and 1Q, 2Q, and 3Q 2023 and in each month in January-September 2023; all with year-on-year changes; passenger revenue and estimated revenue per passenger and passenger RPK, in KZT and USD, for 9mo 2019-2023])
Published 20 November 2023
What airline is the major cargo carrier and what are the prospects for transit cargo transportation? We look at the sector, examine recent operating results from several perspectives, and estimate some data (5 pages, 6 tables [cargo operating data in 9mo 2019-2023; 3Q 2019-2023, and 1Q, 2Q and 3Q 2023, all with year-on-year changes; revenue from cargo air transportation in KZT and USD and our estimated cargo revenue per tonne and per RTK in KZT and USD])
Published 2 October 2023
We will continue writing research reports, including customized research reports. Our September 2023 report is now available in the "reports" section.
Published 29 September 2023
Why did the company's owner decide to postpone accepting bids? (188 words)
Published 28 September 2023
The list has new cargo carriers, but some airlines lost their AOCs (475 words, 1 table [airlines with AOCs])
Published 27 September 2023
What types of airlines dominate the list? (359 words, 1 table [airlines with AOCs])
Published 26 September 2023
Why does the company's owner believe it will be able to offer lower fares? (473 words, 1 table [the company at a glance])
Published 25 September 2023
What routes and aircraft does the company plan to operate? (430 words, 1 table [plans for the company at a glance])
Published 22 September 2023
Which flights does the company plan to operate? (446 words, 1 table [the company at a glance])
Published 21 September 2023
When will the company start cargo flights? (422 words, 1 table [the company at a glance])
Published 20 September 2023
We attempt to clarify some discrepancies in the official data (547 words, 1 table [Uzbek airlines - information about registration of legal entities and type of ownership])
Published 19 September 2023
What are the inconsistencies in the information? (363 words)
Published 18 September 2023
What are the changes? (400 words, 1 table [information about Uzbek airlines - names of airlines with AOCs, AOC numbers, dates of AOC validity])
Published 15 September 2023
Which aircraft does the company operate? (414 words, 1 table [the company at a glance])
Published 14 September 2023
What is the current composition of the company's fleet? (246 words, 1 table [the company's current commercial Western-made fleet])
Published 13 September 2023
What other aircraft might the company get? (255 words, 1 table [information about two B777-300ERs])
Published 12 September 2023
What could be potential timelines for Air Astana's privatization? (652 words)
Published 11 September 2023
To whom is the debt owed? (422 words)
Published 8 September 2023
Was the company ever profitable since it started flights in 2015? (676 words, 1 table [financial results under IFRS in local currency and US dollars in 2021-2022])
Published 7 September 2023
Could any potential bidders be interested in the company? (625 words, 1 table [Qazaq Air at a glance])
Published 6 September 2023
Who might be interested in participating in the tender for Qazaq Air? (174 words)
Published 5 September 2023
Which of the terms are positive, and which could discourage potential investors? (796 words)
Published 4 September 2023
What could be potential timelines in the process for Qazaq Air? (434 words)
Published 31 August 2023
Which types has the company acquired and how does it plan to use them? (673 words, 1 table [current fleet])
