Air Astana Q2 revenue climbs 18.3% as engine issues drive H1 loss

Air Astana Group lifted second-quarter revenue and other income by 18.3% to $433.0 million in 2026, helped by stronger pricing and a shift toward higher-yield international markets even as capacity was broadly unchanged. Passenger numbers slipped 1.7% to 2.45 million, while higher fuel costs, a stronger Kazakh tenge and Pratt & Whitney engine-related expenses weighed on profitability.

For the first half, revenue and other income rose 16.1% to $763.9 million, but the group posted a net loss of $21.2 million, reversing a profit in the comparable period a year earlier. The second quarter was close to break-even, with a $0.1 million loss. Air Astana also reported an 18.5% increase in revenue per available seat kilometre in the quarter, underlining the contribution from yield improvement rather than traffic growth.

Engine problems linked to Pratt & Whitney geared turbofan units continued to pressure operations and costs across both Air Astana and its low-cost subsidiary FlyArystan. The carrier’s results point to a business still generating stronger sales, but with unit costs rising faster than unit revenue.