APRIL 25 2017 (The Conway Bulletin) — Ahead of a planned IPO of Air Astana, Kazakhstan’s parliament has passed a motion that bans foreigners from owning more than 49% of its national airlines. Britain’s BAE Systems currently owns 49% of Air Astana which is slated to be one of the first of a series of high-profile Kazakh state- owned companies to be privatised.
ENDS
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(News report from Issue No. 326, published on April 28 2017)