One of the world’s most remarkable airline success stories is set against a backdrop of the ancient Silk Road in the previously off-limits flank of the Soviet Union. Air Astana has developed a unique footprint on the essentially virgin territory that is Central Asia. Air Astana’s two shareholders, Samruk-Kazyna—the sovereign wealth fund of Kazakhstan—and BAE Systems, launched the airline with an initial investment of $17 million in May 2002 and there has been no call ...

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