Kazakhstan Air Astana Group Completes Dual Listing on LSE and KSE

Kazakhstan Air Astana Group completed its dual listing on the London Stock Exchange and the Kazakhstan Stock Exchange on November 12, 2026. The company reported that in the third quarter of 2026, revenue increased by 20.6% to $529.1 million, compared with $438.6 million in the third quarter of 2025. Quarterly earnings before interest, taxes, depreciation, amortization and rent remained broadly in line with the previous year, increasing by 0.4% to $105.6 million.

The dual listing provides the company with access to international capital markets via the London Stock Exchange. Financially, while revenue grew in the third quarter, the EBITDAR margin decreased by four percentage points to 20%, indicating that increased costs absorbed much of the higher revenue.