Air Astana first quarter revenue up 13% to $260 million

Air Astana reported its total revenue was up 13% year-on-year (YoY) in the first quarter to $264.7 million and its EBITDAR excluding non-recurring items was $50 million, up 6.9% (YoY). Its passengers were up 18.5% YoY to 1.9 million in the first quarter and its load factor was down 1.2 percentage point YoY to 81.2%. By the end of the quarter, it had 50 aircraft in its fleet. The group is on track to add net seven aircraft in the year ahead, bringing the total fleet to 56. Its cash and balances were $369.5 million, and its net debt was