Air Astana reported second-quarter net profit of $16.5 million, up 7% over the year-ago period. The airline said the results were a rebound after the year’s first quarter was adversely affected by the 19% devaluation of the Kazakh Tenge in February. “Markets have not been as affected as severely as expected by regional currency and political issues and are showing resilience,” Air Astana president Peter Foster said. “Having further reduced unit cost by 6%, we are ...

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