Air Astana Group enters into strategic partnership with Neos

15.04.24 12:54

/KASE, April 15, 2024/ - Air Astana JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated April 15, 2024: quote Air Astana Group, the largest airline group in Central Asia and the Caucasus regions by revenue and fleet size, has signed a memorandum of understanding with Neos SpA ("Neos"), the second Italian airline and part of the Alpitour group (together, "the Parties"), to enter a strategic partnership. The strategic partnership will encompass several areas of cooperation, including: - A codeshare agreement under which Air Astana will apply a marketing code to Neos-operated flights between Milan Malpensa (MXP) and Almaty (ALA) and vice versa. - Service collaboration on Boeing aircraft from 2025 when Air Astana Group will receive delivery of three Boeing 787-900. Where permitted, the Parties will share technical and operation insights gained during existing operations by Neos and entrance into service by Air Astana. - The Parties will consider and evaluate the formation of a joint-venture for route(s) between Italy and Kazakhstan, where regulatory, anti-trust and governmental authority permits. unquote The complete press release is available on: - https://kase.kz/files/emitters/AIRA/aira_relizs_150424_kz.pdf - in Kazakh; - https://kase.kz/files/emitters/AIRA/aira_relizs_150424_-.pdf - in Russian; - https://kase.kz/files/emitters/AIRA/aira_relizs_150424_en.pdf - in English. [2024-04-15]