Air Astana JSC: Statement regarding the sale of stake by BAE Systems
/KASE, March 19, 2026/ – Air Astana JSC (KASE ticker – AIRA) reported the following:
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Air Astana JSC ("Air Astana" and, together with its subsidiary FlyArystan, "the Group") notes the announcement that BAE Systems plan to sell their remaining holding in the company. We would refer to their public disclosures for further details of the transaction.
BAE Systems has been a key partner of Air Astana since our inception. The company was formed as a joint venture between the Kazakhstan State and BAE Systems in 2001. BAE Systems reduced their holding to 16.95% as part of the Air Astana's IPO in 2024 and sold a further 10.1% stake in December 2025. We recognise that Air Astana was no longer a core holding in the context of their wider operations and we look forward to welcoming new shareholders to the group at this exciting point in our development. We also note the increase to our free float as a function of the sale.
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The full version of the press release in Kazakh – see more
The full version of the press release in Russian – see more
The full version of the press release in English – see more
[2026-03-19]