Air Astana, Central Asia's largest airline, is proposing significant dividend payments after carrying nearly one million more passengers in 2024 compared to the previous year. The company is recommending $25.2 million in special dividend payouts and $13 million in ordinary dividends for investors. The increase in passenger numbers was driven by rising capacity and demand for air travel in Kazakhstan. Air Astana's listing on the London Stock Exchange in 2024 allowed the company to raise capital to improve connectivity with major aviation markets in China, India, and the Middle East.

Original article source: https://www.dailymail.co.uk/money/markets/article-14498523/Air-Astana-pay-special-dividend-passenger-numbers-jump.html
Source Id: 2025-03-660226429