AIR ASTANA JSC AIR ASTANA JSC 30 September 2011
SHAREHOLDERS OF AIR ASTANA SHAREHOLDERS OF AIR ASTANA Air Astana is a flag carrier of the Republic of Kazakhstan that was founded in September 2001 upon the decision of the Government of RK to establish the new national airline based on the highest operating and safety standards with a reputable foreign investor Air Astana is a joint venture between the Government of RK through its Sovereign Wealth Fund, Samruk – Kazyna and British defense and aerospace company, BAE Systems, which today respectively own 51% and 49% of the Company Total initial investment by the shareholders was USD 17 million 51% of 51 of Shares Shares 49 49% of of Shares Shares
Air Astana Shareholder Background Air Astana Shareholder Background Samruk-Kazyna National Welfare Fund (51%) BAE Systems PLC (49%) Samruk-Kazyna National Welfare Fund is the primary BAE SYSTEM S PLC is a global company engaged in the investment arm of the Republic of Kazakhstan. development, delivery and support of advanced defense It manages government-owned assets and controls shares and aerospace systems. of national companies and financial development The company was very hands on in the start-up phases of institutions with an estimated market capitalization of Air Astana and provided various engineering, technical, and around USD 87 billion. Total company group is 583 fleet planning, support. It is the world’s 3rd largest global defense company. The fund’s key objective/ principles include: develop and ensure implementation of regional, It currently employs 100,000 highly skilled workers. national and international investment projects. BAE has customers in more than 100 countries. support and modernize existing assets of Samruk- Kazyna. In 2010, its annual revenue exceeded £21 billion and its support regional development, implementation of R&D spending exceeded £1.3 billion . social projects, and to support national producers. safeguarding interests of the state and promote The Company patents more than 100 new inventions every transparency, efficiency and flexibility of Samruk- year. Kazyna and owned companies. systematic and effective manner of decision-making and execution and commitment and accountability
CURRENT FLEET CURRENT FLEET Air Astana currently operates a mixed fleet of 25 New E190 delivered in May 2011 leased aircraft composed of B767-300ERs (2), B757-200s (4), A320 Family aircraft (10), E190 (3) and Fokker 50s (6). Average age of jet fleet is 8 years. In 2008, the Company placed an order for combination of two A321 and four A320 aircraft which are scheduled to deliver between November 2012 and November 2013. In 2011, the Company placed an order for two E190 aircraft with delivery dates in May and June 2012. In 2007, the Company signed LOI for purchase of three Boeing 787.
CURRENT ROUTE NETWORK CURRENT ROUTE NETWORK
CAPACITY GROWTH 2002 CAPACITY GROWTH 2002 - 2011 2011 Avavilable Seat Kilometres mln ASKs 9 000 8 410 8 000 7 457 7 423 7 158 7 000 6 468 6 000 5 000 4 498 4 000 3 539 3 038 3 000 2 000 1 177 1 000 454 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Forecast
TRAFFIC GROWTH 2002 TRAFFIC GROWTH 2002 - 2011 2011 Number of Passengers Carried '000 3 500 2 907 3 000 2 568 2 500 2 300 2 201 2 132 2 000 1 469 1 500 1 149 835 1 000 387 500 164 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Forecast
FINANCIAL RESULTS 2002 FINANCIAL RESULTS 2002 - 2010 2010 Financial Results for 2002 - 2010 USD Million 90 15% 12% 80 77 10% 9% 70 9% 7% 6% 5% 6% 60 3% 2% 0% 48 50 40 -5% 35 32 30 -10% 19 17 20 12 -15% 10 2 -20% -21% 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 -5 -10 -25% Profit After Tax Profit Margin
Top 15 Highest Group Operating Margin 2010 by Airline Business Top 15 Highest Group Operating Margin 2010 by Airline Business
MAINTENANCE AND SAFETY STANDARDS MAINTENANCE AND SAFETY STANDARDS In May 2011, for the third time Air Astana successfully completed the IATA Operational Safety Audit (IOSA) with zero findings (over 900 standards). IOSA is the benchmark for global safety management in airlines The only airline in Kazakhstan certified to perform aircraft maintenance according to EASA Part 145 standard Line maintenance is undertaken by the Company. Heavy checks and repairs are carried out at EASA approved maintenance EASA facilities In 2010, Air Astana started developing own Workshop Facility. Workshops obtained EASA approval. Starting accomplishment of C-checks of Airbus by the end of 2011 and Embraer fleet by the end of 2012
INTERNATIONAL LEVEL OF SERVICE INTERNATIONAL LEVEL OF SERVICE In 2011 Air Astana has been awarded second place in the "Best Airline in Eastern Europe" by Skytrax World Airline Awards 2011, an improvement by 1 position from previous year
PERSONNEL Over 3,400 of highly motivated staff Operating staff is trained to international standards and at EASA approved training centers Ab-initio Pilot Training Programme Ab-initio cadets. Training Center in Florida Launched in 2009 Melbourne, USA Conducted at Pilot Training College based in Waterford, Ireland and Melbourne, Florida 102 pilot cadets to date have begun the programme First 24 graduates have completed the programme From now on, Air Astana will train up to 60 cadets annually
FLEET PLAN FOR 2011 FLEET PLAN FOR 2011 - 2015 2015 Aircraft Number 40 34 34 35 32 4 4 29 30 4 26 4 25 2 18 18 20 19 17 17 15 10 12 12 5 9 6 8 1 0 2012 2013 2014 2015 2016 Turboprop Aircraft Regional Jet Aircraft Narrowbody Aircraft Widebody Aircraft
ROUTE NETWORK PLANNED UNTIL 2015 ROUTE NETWORK PLANNED UNTIL 2015
AIR ASTANA TODAY AIR ASTANA TODAY The youngest fleet in CIS Over 50 international and domestic routes The only airline in Kazakhstan certified to perform aircraft maintenance according to EASA Part 145 standard Successful completion of IATA Operational Safety Audit (IOSA) with zero finding. Development of the EASA certified Workshop facility in Almaty «Best airline in CIS» by Skytrax Own Ab-initio Pilot Training programme Assignment of GAMMA rating of “6” by S&P , which is the joint highest rating in Kazakhstan With initial total investment by the shareholders of USD 17 M, the net assets of the company as of 31 August 2011 were USD 227.8 million Regular dividend stream since 2006
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