newstodate.aero
SEP 06, 2005 (newstodate): Air Astana has yet to announce the name of its new CEO, who has still not been presented to, nor approved by the airline's Kazakh shareholders.
-Having had a very challenging three and a half years growing Air Astana, I believe Air Astana has become a real success story, says Lloyd Paxton, the carrier's outgoing CEO.
-Of the three and a quarter years of our operation we have grown the fleet from three aircraft to eleven, plus we have one B757 on a wet lease. We actually should have fifteen aircraft in the fleet at the moment but four are still being used by Varig, and the lessor has been unable to repossess them because of the Brazilian Bankruptcy laws.
-Air Astana made a profit of 1.7 million USD in 2003 and 11.1 USD in 2004 - not bad for a start up airline that had its first flight on the 15th of May 2002.
-Air Astana is member of IATA and the IATA Clearing House. We have received our EASA/JAR145 certification, and have spread our routes from Heathrow in the West to Seoul and Bangkok in the East.
- We have paid more than 35 million USD to the taxmen in Kazakhstan, never touched a credit line that we had in place, never taken any more funds from our shareholders since the initial capital of 17 million USD which was provided to set up the company. We have not debts, we pay our bills on time and are financially stable, and have over 50 interline agreement with other airlines and 15 SPA agreements.
-Between 2003 and 2004 our passenger number and revenue/passenger/kilometer growth rates were the fourth highest of all carriers, says Lloyd Paxton.
-Having had a very challenging three and a half years growing Air Astana, I believe Air Astana has become a real success story, says Lloyd Paxton, the carrier's outgoing CEO.
-Of the three and a quarter years of our operation we have grown the fleet from three aircraft to eleven, plus we have one B757 on a wet lease. We actually should have fifteen aircraft in the fleet at the moment but four are still being used by Varig, and the lessor has been unable to repossess them because of the Brazilian Bankruptcy laws.
-Air Astana made a profit of 1.7 million USD in 2003 and 11.1 USD in 2004 - not bad for a start up airline that had its first flight on the 15th of May 2002.
-Air Astana is member of IATA and the IATA Clearing House. We have received our EASA/JAR145 certification, and have spread our routes from Heathrow in the West to Seoul and Bangkok in the East.
- We have paid more than 35 million USD to the taxmen in Kazakhstan, never touched a credit line that we had in place, never taken any more funds from our shareholders since the initial capital of 17 million USD which was provided to set up the company. We have not debts, we pay our bills on time and are financially stable, and have over 50 interline agreement with other airlines and 15 SPA agreements.
-Between 2003 and 2004 our passenger number and revenue/passenger/kilometer growth rates were the fourth highest of all carriers, says Lloyd Paxton.