SLIDE 1
AIR ASTANA JSC AIR ASTANA JSC 30 September 2011
SLIDE 2 SHAREHOLDERS OF AIR ASTANA SHAREHOLDERS OF AIR ASTANA
51 51% of
Shares
- 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
49 49% of
Shares
- 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
SLIDE 3 Air Astana Shareholder Background Air Astana Shareholder Background
- Samruk-Kazyna National Welfare Fund is the primary
investment arm of the Republic of Kazakhstan.
- It manages government-owned assets and controls shares
- f national companies and financial development
institutions with an estimated market capitalization of around USD 87 billion. Total company group is 583
- The fund’s key objective/ principles include:
- develop and ensure implementation of regional,
national and international investment projects.
- support and modernize existing assets of Samruk-
Kazyna.
- support regional development, implementation of
social projects, and to support national producers.
- safeguarding interests of the state and promote
transparency, efficiency and flexibility of Samruk- Kazyna and owned companies.
- systematic and effective manner of decision-making
and execution and commitment and accountability
Samruk-Kazyna National Welfare Fund (51%)
- BAE SYSTEM S PLC is a global company engaged in the
development, delivery and support of advanced defense and aerospace systems.
- The company was very hands on in the start-up phases of
Air Astana and provided various engineering, technical, and fleet planning, support.
- It is the world’s 3rd largest global defense company.
- It currently employs 100,000 highly skilled workers.
- BAE has customers in more than 100 countries.
- In 2010, its annual revenue exceeded £21 billion and its
R&D spending exceeded £1.3 billion .
- The Company patents more than 100 new inventions every
year.
BAE Systems PLC (49%)
SLIDE 4
CURRENT FLEET CURRENT FLEET
Air Astana currently operates a mixed fleet of 25 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.
New E190 delivered in May 2011
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.
SLIDE 5
CURRENT ROUTE NETWORK CURRENT ROUTE NETWORK
SLIDE 6
CAPACITY GROWTH 2002 CAPACITY GROWTH 2002 - 2011 2011
Avavilable Seat Kilometres
454 1 177 3 038 3 539 4 498 6 468 7 423 7 158 7 457 8 410 1 000 2 000 3 000 4 000 5 000 6 000 7 000 8 000 9 000 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Forecast mln ASKs
SLIDE 7
TRAFFIC GROWTH 2002 TRAFFIC GROWTH 2002 - 2011 2011
Number of Passengers Carried
164 387 835 1 149 1 469 2 132 2 300 2 201 2 568 2 907 500 1 000 1 500 2 000 2 500 3 000 3 500 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Forecast '000
SLIDE 8 FINANCIAL RESULTS 2002 FINANCIAL RESULTS 2002 - 2010 2010
Financial Results for 2002 - 2010
2 12 19 32 35 17 48 77
12% 2% 6% 7% 9% 6% 3% 9%
10 20 30 40 50 60 70 80 90 2002 2003 2004 2005 2006 2007 2008 2009 2010
0% 5% 10% 15%
Profit After Tax Profit Margin
USD Million
SLIDE 9
Top 15 Highest Group Operating Margin 2010 by Airline Business Top 15 Highest Group Operating Margin 2010 by Airline Business
SLIDE 10
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 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
MAINTENANCE AND SAFETY STANDARDS MAINTENANCE AND SAFETY STANDARDS
EASA
SLIDE 11 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
SLIDE 12 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
Launched in 2009 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
Ab-initio cadets. Training Center in Florida Melbourne, USA
SLIDE 13
FLEET PLAN FOR 2011 FLEET PLAN FOR 2011 - 2015 2015
Aircraft Number 1 6 8 9 12 12 17 17 19 18 18 2 4 4 4 4 5 10 15 20 25 30 35 40 2012 2013 2014 2015 2016
Turboprop Aircraft Regional Jet Aircraft Narrowbody Aircraft Widebody Aircraft
26 29 32 34 34
SLIDE 14
ROUTE NETWORK PLANNED UNTIL 2015 ROUTE NETWORK PLANNED UNTIL 2015
SLIDE 15 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
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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