Q3 and 9M 2026 Results

Summary by AI BETAClose X

Air Astana reported Q3 revenue of USD 529.1m, up 20.6% YoY (9M USD 1,293.0m, +17.9%), supported by RASK rising 16.0% to 7.48 US cents (9M 7.45¢, +15.9%) while CASK increased 20.0% to 6.95 US cents (9M 7.15¢, +21.3%), narrowing the RASK–CASK spread and compressing margins. Q3 EBITDAR was USD 105.6m (+0.4%, margin 20.0%) but 9M EBITDAR fell to USD 247.3m (-5.7%, margin 19.1%); Q3 PAT was USD 18.5m (-10.3%) and 9M PAT was a loss of USD 2.7m (9M 2025: USD 31.2m). Liquidity was USD 511.5m (cash/sales 31.0%) with Net Debt/EBITDAR 1.9x; rapid international expansion (China ASK +99% in Q3) boosts revenue prospects but fuel, engine-related costs and margin pressure pose near-term risks.

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Companies

Air Astana (AIRA)
UK 100

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