OBS_VALUE: Air Astana is Kazakhstan's main and major air company. The headquarters of the company is based in Almaty. The company’s principal activity is the provision of domestic and international passenger air services. Other business activities include freight and mail transportation. As at 31 December 2023, the shareholders of the company were JSC “National Welfare Fund “Samruk-Kazyna” (which held the investment on behalf of the Government of the Republic of Kazakhstan) and BAE Systems Kazakhstan Limited, which owned 51% and 49% of the shares, respectively. On 15 February 2024, the company completed its initial public offering (“IPO”). JSC “National Welfare Fund Samruk-Kazyna and BAE Systems Kazakhstan Limited both sold their shares, reducing their shareholdings to 41% and 16.95%, respectively. 