Kazakhstan-based Air Astana reported a 2016 first-half net loss of $6.6 million, reversed from an $8.3 million net profit in the first half of 2015. The airline said the results were driven by a significant devaluation of the Kazakh currency Tenge compared to the first half of 2015, and by weaker regional travel markets in the wake of a commodity price drop. The carrier reported a first-half operating profit of $0.975 million; operating revenue fell 30% to $275 million. Also passenger ...

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