BAE Systems seeks to divest part of its stake in Air Astana.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
0mins
Source: SeekingAlpha
BAE Systems Stake Sale: BAE Systems plans to sell part of its 16.95% stake in Air Astana JSC through an accelerated bookbuild, as announced by the airline.
Historical Partnership: BAE Systems has been a partner of Air Astana since its establishment in 2001, reducing its stake from 49% during the airline's 2024 IPO, indicating a shift in investment strategy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
