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  • 05 Oct 2016 9:57 AM | Julia Tikhomirova (Administrator)

    Astana Times, 28.09.2016

    The 17 best energy-generating projects out of 136 submitted have been chosen to be showcased in the Energy Best Practices Area (eBPA) Pavilion at EXPO 2017.

    A commission headed by Secretary General of the International Exhibitions Bureau Vicente Loscertales chose the winning projects from submissions made from more than 25 countries. The international selection committee includes two Nobel Prize winners.

    “At the moment, we have almost finished selecting the best projects. But this is only the first stage. Now engineers and other experts will transform the projects to exhibits,” the head of the commission said at a press conference in Astana on Sept. 15.

    Commission member, Nobel Prize winner in physics and Professor at the University of California George Smoot described the selection procedure.

    “We can say that we have looked into the future and see how the energy of the future will look. We have received a lot of applications for participation in the competition. I would like to thank organisers who have searched projects and ideas in different cities and countries. The work continues to this day. In the beginning, we had selected 64 projects from 136 ones. After that, we chose 32 projects from 64. As a result, we have finally chosen the 17 best projects, which will be presented in the Pavilion of Best Practices at EXPO 2017,” he said at the press conference.

    Also selected were 4-5 additional projects to be presented in the territory of the exhibition pavilion.

    Loscertales shared his opinion about the preparation for the whole event.

    “I am very impressed with the construction of EXPO because almost all the work coming to an end. The participants of the thematic pavilions will start to fill their pavilions with exhibits this October. Those objects that I saw at the construction site of EXPO are modern and unique. I would like to note the progress that has been made in terms of operating activities, cultural programmes and the promotion of EXPO at both the international and national level. We are very satisfied with the state of preparation for the EXPO,” he stated.

    The zone of best practices is closely connected with the idea of ​​the event, “Future Energy.” It is dedicated to the demonstration of successfully implemented methods and projects in the field of energy technology. The zone is the symbolic centre of the exhibition, which will feature the best technologies, projects and strategies in various fields of sustainable energy: production, conservation and use of electricity, combating climate change and ensuring energy access in developing countries.

  • 05 Oct 2016 9:54 AM | Julia Tikhomirova (Administrator)

    September 30, 2016 - Regina, Saskatchewan - Global Affairs Canada

    Canada’s long-standing and unwavering commitment to the people of Ukraine was highlighted today as the Honourable Chrystia Freeland, Minister of International Trade, addressed the 25th Triennial Congress of Ukrainian Canadians in Regina, Saskatchewan.

    The Minister, along with Stepan Kubiv, Ukraine’s First Vice Prime Minister and Minister of Economic Development and Trade, participated in a panel discussion on growing the business relationship between Canada and Ukraine in light of the recently signed Canada-Ukraine Free Trade Agreement (CUFTA).

    Earlier this year, the Minister signed CUFTA during Prime Minister Justin Trudeau’s first official visit to Ukraine. CUFTA is part of Canada’s continued commitment to supporting Ukraine’s efforts to build a stable, democratic and prosperous country. Both Canada and Ukraine are committed to the timely ratification and implementation of CUFTA so that Canadians and Ukrainians can take advantage of its benefits as soon as possible.

    Quotes

    “Canada is determined to support the Ukrainian people as they work to build a more secure, stable and prosperous Ukraine. Our new free trade agreement will help create economic growth and more jobs for Ukrainians and Canadians, especially for the middle class and those working hard to join it.”

    - Hon. Chrystia Freeland, P.C., M.P., Minister of International Trade

    Quick facts

    • Ukraine offers numerous opportunities for Canadian businesses and investors in areas such as information and communication technologies, agriculture, infrastructure and logistics, aerospace, defence and security, and energy.
    • In 2015 bilateral trade between Canada and Ukraine totalled almost $278 million. Examples of Canadian products imported by Ukraine include pharmaceuticals, fish and seafood, and coking coal.

    Associated links

    Source: http://www.international.gc.ca/media/comm/news-communiques/2016/09/30b.aspx

  • 05 Oct 2016 9:51 AM | Julia Tikhomirova (Administrator)

    Astana Times, 27.09.2016

    Citigroup, one of Kazakhstan’s largest foreign banks, continues to expand its operations amid today’s uncertain economic situation. The Astana Times spoke with Andrey Kurilin, Citi’s country manager and a CEO of its daughter bank in Kazakhstan, to find out how and why Citigroup has decided to keep growing.

     “The market conditions in Kazakhstan are fully suitable for a global player with high standards around product offering, client selection, regulatory compliance and staff qualification, like Citi,” he said. “The fact that Citi finds Kazakhstan important and maintains a sizeable operation here speaks for the market’s positive attributes. It’s up to a foreign investor to capitalise on the market opportunity.”

    Recently, Kazakhstan has been attempting to diversify its economy, which has seen a major slowdown due to the low oil prices of the last year, and the subsequent significant weakening of its currency.  Still, Citi’s enthusiasm remains intact, Kurilin said.

    “Generally, banks [in Kazakhstan] proved to be capable of reacting to external and macroeconomic challenges,” he explained. “The market is competitive; if one offers a good product, is focused and disciplined about regulatory compliance, he can succeed.”

    Following the currency adjustments of the past year, the banker withstood from making predictions. He did, however, offer his take on the factors that affect the currency situation.

    “Currency is tied up with the other pillars of the economy,” Kurilin said. “It’s clear that the conjuncture in the global commodity market, specifically in oil, is important, especially for a country like Kazakhstan, an oil exporter. So when oil got cheaper, the country’s currency reacted accordingly. This was logical and expected and that’s what happened in a lot of countries with similar economic models. So the price and demand for oil would be the factor that influenced the current situation with the national currency in Kazakhstan. If major factors that can impact Kazakhstan’s economy remain stable, then we should expect certain predictability.”

    But what’s more important, according to Kurilin, is that Kazakhstan has been an attractive market for two decades in terms of foreign direct investment (FDI). “The country has attracted a significant volume of FDI and investors take Kazakhstan seriously, they think of Kazakhstan as a market where they could invest. No one is saying [investing here is] without challenges or things that need to be addressed but many other markets have not attracted anything near what Kazakhstan has managed to attract. So long as this continues, the focus would be not only on new investors but on existing investors.”

    Kurilin is optimistic about Kazakhstan’s future growth. “It is an accomplished country now. Fifteen years ago it was only emerging [out of the shadows] of another country but now it is a well-recognized, sovereign economic player. Also, there is a new generation of people who are more open-minded and better prepared for the competitive environment.”

    As of July 2016, Citibank Kazakhstan ranks 7th among Kazakhstan’s banks in capital (113.66 billion tenge), and 11th – by assets (a 93.5% increase year-on-year). However, Kurilin insisted, not everything is reflected on balance sheets alone. “You should measure banks not by the size of their balance sheet but by their reach within their client segment, the quality of their services and the business volumes they process – and not always do those volumes appear in the balance sheets statistics,” he said. “Especially if you specialise in transactional services, you focus on processing, not the assets build-up.”

    Citigroup opened its representative office in Kazakhstan in 1994 and in 1998, with a full banking license from the National Bank of Kazakhstan, opened its doors to corporate customers.  In 2015, Citibank Kazakhstan was named Best Cash Management Bank in Kazakhstan by Euromoney and Best Institutional Internet Bank in Kazakhstan by Global Finance.

    “We are one of the most efficient banks in Kazakhstan,” Kurilin explained. “We have a high share in the target market segments, a strong team and a strong reputation.” Citibank Kazakhstan has more than 130 employees in Almaty, Astana, Aktau, Atyrau, Kyzylorda and Temirtau, according to the country head, who has been with Citi in different assignments and countries since 1996 and has been in his current job since 2014.

    “Kazakhstan is an open economy, more so than some other emerging markets. If you look at the big industrial players in Kazakhstan you can see that foreign investors play an important role in oil, metals, and consumer products. Citi’s mission is to be a bank of choice for larger local corporations and our global network clients. Our competitive advantage is global reach and a strong international client network. Citi is the only bank in the world that has staff in almost 100 countries. Some of our network clients are the largest players in their respected industries in Kazakhstan. Our primary mission is to be a bank of choice for day-to-day transactional needs of our clients.”

    “I have an exciting job,” noted Kurilin. “We in Citi are pleased with our Kazakhstan story.”

  • 03 Oct 2016 8:38 AM | Julia Tikhomirova (Administrator)

    The Consulate General of the Russian Federation in Toronto reports that in connection with the non-renewal of the lease agreement by the Canadian side, and the need to move to new premises, the Consulate General temporarily suspends its services starting from October 10, 2016.

    Starting from August 29, 2016 until the specified date, the Consulate General will be open for visitors on extended schedule: Monday to Friday from 9.30 to 12.30 and from 15.00 to 17.00.

    Starting from October 10, 2016 consular services will be provided by the Consular Section of the Russian Embassy in Ottawa and the Consulate General of Russia in Montreal.

    Consular Section of the Russian Embassy in Ottawa
    52 Range Rd., Ottawa ON K1N 8J5
    Tel. (613) 236-7220, 236-6215, 236-0920
    E-mail: consul.ottawa@mid.ru

    Consulate General of Russia in Montreal
    3655 Avenue du Musée, Montreal QC H3G 2E1
    Tel. (514) 843-5901, 842-5343
    E-mail: consulat_mtl@bellnet.ca

    The date of resumption of work at the new address will be reported later. 

  • 30 Sep 2016 4:50 PM | Julia Tikhomirova (Administrator)

    EXPO-2017 Commissioner Visits Toronto and Ottawa, Signs Participation Agreement with CARICOM in New York

    Mr. Rapil Zhoshybayev, Commissioner of the International Specialized Exhibition EXPO-2017 visited Toronto and Ottawa on September 21-22. He held a series of meetings with Canadian officials and business community to present the current status of preparations for EXPO-2017 titled “Future Energy” and to discuss the possibilities for participation of the Canadian companies in EXPO-2017 which is to be held in Kazakhstan’s capital from June to September 2017.

    In Toronto, Mr. Zhoshybayev participated in the business conference titled “Future of Energy: EXPO-2017 Opportunities in Kazakhstan” organized by the Canada Eurasia Russia Business Association (CERBA) and Kazakhstan-Canada Business Council. A number of top managers of leading Canadian companies, including Cameco, Uranium One, Phoenix Geophysics, Minas Energy, and Gowling WLG participated in the event. He also met with major Canadian tour operators to explore ways to facilitate Canadians’ trip to Kazakhstan during EXPO-2017. From January1, 2017, the citizens of all OECD countries, including Canada, will not be required to obtain a Kazakhstan visa for short-term visits.


    During the conference at CERBA, the EXPO Commissioner briefed participants about the current status of preparatory works for EXPO and discussed various ways to ensure the participation of Canadian companies. The business community welcomed the theme of EXPO-2017 “Future Energy”, which presents a good opportunity to showcase their expertise and innovations in the sphere of sustainable development, green economy and environment protection. A number of companies confirmed their readiness to participate in EXPO-2017 and to hold the next forum of Kazakhstan-Canada Business Association at the EXPO site during the same period.

    In Ottawa, Mr. Zhoshybayev met with Mr. Leigh Sarty, Acting Assistant Deputy Minister of Foreign Affairs of Canada and Director General for Europe and Eurasia. They discussed Kazakhstan-Canada bilateral relations, including recent meetings between President Nursultan Nazarbayev and Prime Minister Justin Trudeau at the G20 Summit in China, and between Foreign Ministers Erlan Idrissov and Stephane Dion on the margins of the UN General Assembly. The EXPO-2017 Commissioner noted that Canadian companies’ participation to the EXPO will contribute to strengthening partnership between the two countries and help elevate the relationship to a new level. Mr. Sarty expressed his confidence that Kazakhstan, as the region’s leading country, will convene the Exhibition on the highest level.

    Mr. Zhoshybayev left Ottawa for New York, where he met with Mr. Irwin LaRocque, Secretary General of the Caribbean Community (CARICOM), and signed the Agreement on participation of 10 CARICOM states in EXPO-2017.

    Tickets for EXPO-2017 are now available at https://tickets.expo2017astana.com/en.

    Kazakhstan Set To Welcome The World

    http://www.travelpress.com/kazakhstan-set-welcome-world/#.V-bbhvkrKUk

    The Central Asian nation of Kazakhstan is getting ready to welcome the world as its hosts Expo 2017 (Future Energy) from June 10 to Sept. 10 of next year. For those unfamiliar with Kazakhstan, it is the ninth largest country in the world (about the size of Ontario and Quebec) with a population of 17 million – bordered by Russia to the north and China to the east. Rapil Zhoshybayev, commissioner of Expo 2017, was in Toronto on September 21 to promote the upcoming World Expo, which is expected to attract around five million visitors. The big news for Canadians is that starting Jan. 1. 2017, Kazakhstan is waiving its visa requirements for a year. The show itself, which will feature more than 3,000 special events, is located on the outskirts of Kazakhstan’s capital city, Astana, a modern city described as having a very good infrastructure and accommodation options that include numerous five-star hotels. Along with Expo 2017, Zhoshybayev said officials are promoting tourism around the region, highlighted by cultural, eco- and casino-tours. Kazakhstan is home to part of the Silk Road and boasts numerous cities with a 1,000 years of history. Like Canada, it is mountainous and has many lakes.

    Getting there is easy with a connection in Europe, or through China from the west. A direct flight is in the works by Air Astana from New York next year. 


    Pictured are Mr. Zhoshybayev (l) and H.E. Mr. Konstantin Zhigalov, Ambassador of Kazakhstan to Canada.

     


  • 12 Sep 2016 4:46 PM | Julia Tikhomirova (Administrator)


    On September 4, President Nursultan Nazarbayev met with Prime Minister of Canada Justin Trudeau on the sidelines of G20 Summit in Hangzhou, Akorda reported.

    The parties exchanged views on the main areas of cooperation between Kazakhstan and Canada including trade, economy, investment, cultural and humanitarian ties.

    Two leaders also highlighted their shared approach to a number of international development issues, as well as the huge potential for enhancing bilateral cooperation in various fields, including agriculture.

    President Nazarbayev invited Mr. Trudeau to pay a visit to Astana.

     (source: http://www.inform.kz/eng/article/2945015)

    On the sidelines of the G20 Summit in China, President Nazarbayev also held bilateral meetings with the leaders of France, Turkey, Britain, Russia, India, Italy, Spain, the United States, Japan, South Korea, Germany, Saudi Arabia, Egypt, South Africa, as well as the heads of UN, EU, and OECD.

    Speaking at the summit, President Nursultan Nazarbayev noted the G20 meeting is being held in a complicated time.

    “The rates of global economic growth, trade and capital flows are decreasing. It affects the welfare of millions of people. The formation of new transcontinental trade and investment associations may lead to a decrease of the World Trade Organisation’s (WTO) role and fragmentation of the world economy. These processes may become a start for a new stage of a war in the international markets,” he said.

    The Head of State stressed the way of global development depends largely on the united actions of the entire world community. In his view, the leading role in international economy and finance regulation should be played by a single global organisation.

    “Such kind of structure can be created through the transformation of the United Nations Economic and Social Council (ECOSOC) into the Global Development Council, which should serve as a global economic regulator,” he said. The head of state presented the proposal at the 70th jubilee session of the UN General Assembly in New York last September.

    Nursultan Nazarbayev noted the current coordination of monetary and fiscal policies, as well as structural reforms are important. It is not sufficient, however, to ensure stability in the long term. He suggested developing more substantive proposals to stabilise exchange rates around the world, including the developing countries.

    The President suggested a new industrial revolution, digital economy and innovation.

    “I fully support this approach. Implementation of this task is only possible on the principles of inclusiveness. We need to determine the midpoint of the dialogue between the G20 and the developing countries. As an alternative, I suggest considering the Kazakh communication platform G-Global, which is open to all participants. This platform brings together more than 30,000 experts from 140 countries,” he said.

    Nursultan Nazarbayev added Kazakhstan actively supports implementing the UN’s sustainable development goals, the Paris agreements and the principles of green economy. In this regard, he invited the participants to take part in the upcoming international exhibition EXPO 2017 in Astana, which will be held under the slogan Future Energy.

    The President concluded by noting Kazakhstan’s vision of the world’s most pressing issues was presented in the Manifesto “The World. The 21st Century.” He expressed hope for support in implementing its ideas and formation of a world free from nuclear weapons.

    (Source: akorda.kz)


  • 31 Aug 2016 12:00 AM | Julia Tikhomirova (Administrator)

    By PETER MAZEREEUW 

    PUBLISHED : Wednesday, Aug. 31, 2016 12:00 AM 

    Canadian businesses are calling on the government to reverse orders to Canada’s export credit agency that stop it from supporting trade with Russia, saying it has cost them millions of dollars in business. But the government and official opposition are standing firm, saying the move is an extension of the more targeted sanctions against the country for its incursion into Ukraine.

    Export Development Canada, a Crown corporation, stopped providing insurance and financing for business deals between Canadian and Russian companies in 2014 on orders from the Conservative government at the time, according to spokesperson Phil Taylor.That policy was brought in along with a package of trade sanctions as a response to Russia’s annexation of Crimea from Ukraine in 2014, according to Global Affairs Canada.

    However, while the trade sanctions are targeted against specific individuals and entities in Russia, and the Russian oil and gas industry—with its direct ties to many of Russia’s power players—the EDC ban affects any and all transactions between Canadian and Russian businesses that require the special financing and insurance the export bank usually supplies.

    “This is affecting everyone,” said Sebastien Dakin, a regional director for the Canada Eurasia Russia Business Association (CERBA). Do business in Russia at your ‘own peril’ Companies seeking to export everything from food and clothing to manufactured goods to Russia don’t have access to insurance offered by EDC, and so are taking a risk when they ship goods that they will receive payment once those goods arrive. They also can’t access EDC financing for buyers, and so often have to find customers in Russia able to pay for large orders up front. Some members have had to stop selling to Russia altogether, said Mr. Dakin.

    CERBA has lobbied the government on the issue, as has the Agricultural Manufacturers of Canada. The exports from AMC members have dropped from about $144 million in 2012 to about $23 million last year, said president Leah Olson.

    “The industry has been very impacted by the policy. We strongly support the notion that EDC should be active in that whole market region, including Russia,” said Ben Voss, president of Morris Industries, a company that sells air carts, air drills, and other agricultural implements.

    The government hasn’t changed its mind. In an emailed statement, a spokesperson for Trade Minister Chrystia Freeland (University-Rosedale, Ont.) reiterated that the ban on supporting business in Russia “is the guidance provided to EDC.”

    “Canada has one of the strongest sanctions regimes [in] the world against Russia and we will continue to use it to apply economic pressure on the Putin government. By engaging with Russia on the one hand and demonstrating our firm resolve on sanctions on the other, we strengthen our ability to hold them to account,” wrote Anne-Louise Chauvette, Ms. Freeland’s communications director.

    Conservative foreign affairs critic Peter Kent (Thornhill, Ont.) said his party continued to support tough penalties against Russia in response to its military action in Crimea and east Ukraine, despite the “collateral damage” to Canadian companies.

    “It’s unfortunate,” he said, but “that’s the reality of life today.”

    “Official opposition policy is that sanctions have worked, and are working, and, if anything, should be strengthened,” he said.

    “Canadian companies doing business in Russia do that business at their own peril,” he said.

    Companies like Mr. Voss’s Morris Industries can’t easily turn to banks or other financial institutions to fill in for EDC, as most won’t take the risk of guaranteeing a purchase across borders, he said.

    Global Affairs Canada explained the instructions for EDC to stop “pursuing business” in Russia by noting a similar policy put in place by the U.S. Export-Import Bank.

    “Actions taken by the government of Canada in response to Russia’s illegal annexation of Crimea are made strategically and in close coordination with our partners,” said GAC spokesperson Diana Khaddaj in an emailed statement.

    Quebec aerospace manufacturer Bombardier experienced the “peril” described by Mr. Kent firsthand. The company suspended negotiations on a $3.4-billion sale of turboprop aircraft to a Russian company in late 2014 after the sanctions were imposed on Russia, and another Russian buyer was left to scramble for financing for a sale of the company’s CSeries jets last year after EDC stopped providing that service.

    A spokesperson for Russia’s Ilyushin Finance Company, which had hoped to buy those jets, blamed EDC for its failure to go ahead with the purchase as planned, telling Aviation International News earlier this month that the hold on EDC financing for business with Russia was politically motivated.

    IFC’s purchase order was eventually changed to include fewer jets and a single turboprop aircraft, AIN reported.

    Bombardier declined to make a spokesperson available for an interview on the EDC policy. In an emailed statement, spokesperson Simon Letendre wrote that the company was continuing to pursue business in Russia. Pork ban holding up Canadian exports The EDC website explains the policy on Russia by referring to Canadian trade sanctions.

    However, those sanctions do not require a blanket ban on trade between the two countries.

    The current sanctions against Russia “are not comprehensive sanctions that prohibit Canadians from doing business with Russian entities” but are targeted to certain people, entities, goods, services, and technology, said Vincent DeRose, a partner in the Borden Ladner Gervais Ottawa law office who leads the firm’s defence and security group.

    Industry Canada trade statistics show that manufactured machinery and equipment are among the biggest exports from Canada to Russia. Aerospace products including helicopters, airplanes, and flight simulators made up the top two most exported product groups tracked by Industry Canada last year, with a combined value of about $124 million.

    Pork was the leading export from Canada to Russia by far up until 2014, but the Russian government banned meat imports from Canada and other Western countries that year in response to their sanctions.

    Fortunately, Canadian pork producers have mostly been able to find other markets—primarily in Asia—for their formerly Russian-bound product, said Gary Stordy, a spokesperson for the Canadian Pork Council.  

    p e t e r @ h ill t i m e s.c o m 

    @ P J M a z e r e e u w

    Peter Mazereeuw is a deputy editor for The Hill Times covering trade, immigration and more. (http://www.hilltimes.com/author-bio?AuID=57142) He can be reached at peter@hilltimes.com. (mailto:) Follow him on Twitter at @PJMazereeuw. (https://twitter.com/PJMazereeuw)


  • 30 Aug 2015 11:22 PM | Wojtek C. (Administrator)

    July 23, 2015 -  Montreal The Canada Eurasia Russia Business Association (CERBA) organized its third Innovation Conference, on July 23 in Montréal, bringing together over 60 people from the Canadian and Eurasian business community, government, and academia.  The conference, with a special focus on industrial biotechnology aimed to identify joint business opportunities and collaboration in the innovation and R&D process. 'The conference proved very useful and introduced us to important actors in the Canadian biotech and innovation sector', expressed Alexey Ablaev, CEO of the Russian Biofuel Association.

    The CEO of BioteCanada, Andrew Casey, presented the main strengths and challenges of the Canadian biotech industry, outlining common avenues of collaboration and common threats, such as the difficulty of attracting investments for technology development: 'Investors are like tourists, they will always go where they feel most comfortable and welcome, and competition is sharp', underlined Mr. Casey. 

    Barbara Béliveau, Director of International Partnerships at the Québec Ministry of Economy, Innovation, and Exports, outlined the provincial government model to support innovation through various programs and tax incentives, making Quebec one of the most attractive places in the world to for R&D intensive companies. 

    The CEO of the Montreal based company Bioastra, Sumitra Rajagopalan, explained the high potential of open innovation concept and collaborative technology development, specifically with Russia, since she has already worked with their scientists, recognizing the high level of research in that country. 

    'CERBA is planning to hold the Canada-Eurasia Innovation Conference again next year for a fourth edition, as we have evidence here that there is real interest and potential in further developing business and scientific relations between Canada, Russia and Kazakhstan. CERBA is strongly committed to bridging our two regions and creating opportunities in the high tech sector', expressed Sébastien Dakin, Director of the Montréal and Ottawa Chapters of CERBA.  


    See detailed program and information about the event at: http://www.cerbainnovation.com


     


  • 27 Aug 2015 11:23 PM | Wojtek C. (Administrator)

    Bombardier Commercial Aircraft welcomed Qazaq Air to the family of Q400 aircraft operators and joined the airline in introducing the technologically advanced turboprop to local government and aviation industry representatives, regulators, other invited guests and media during a press conference in Astana, Kazakhstan. Qazaq Air, a subsidiary of Samruk Kazyna, Kazakhstan’s Sovereign Wealth Fund, has announced that it will launch domestic service in Kazakhstan with three Q400 aircraft leased from Falcon Aviation Services LLC of Abu Dhabi.


    “We selected the Q400 aircraft because it has the speed and range required to service the long sectors in the Kazakh market, and has proven its reliability in regions with hot and very cold temperatures,” said Blair Pollock, Project Director, Samruk Kazyna. “In addition, the aircraft’s cabin will provide a quiet, comfortable experience for our passengers, and our airline will undoubtedly benefit from the aircraft’s excellent operating costs.


    “We thank Falcon Aviation for providing us with their aircraft and for all their support in the months running up to this launch.  We look forward to improving the air transport offering to the Kazakh people.  Many of the 12 routes on which the Q400 aircraft will operate are not currently served by any other carrier.  Qazaq Air -- using the Q400 aircraft -- will be connecting people and helping them benefit from the growth of the Kazakh economy,” added Mr. Pollock.


    “We are delighted that the Q400 aircraft has been selected for the development of the regional air transportation network in Kazakhstan and we wish Qazaq Air much success,” said Colin Bole, Senior Vice President, Sales and Asset Management, Bombardier Commercial Aircraft. “The Q400 aircraft’s certification for operations down to -54o C, and notably its successful operation in Canada where approximately 90 are in service, are testament to its capability to meet Qazaq Air’s growth and development plans.”


    About Q Series Aircraft

    Designed as a modern, 21st-century turboprop, the Q400 aircraft is the most recent development in the Q Series family of aircraft. It provides unmatched performance, operational flexibility and passenger comfort. While it’s nimble enough for a steep approach, the Q400 aircraft is also tough enough to land on unpaved run­ways. It’s a certified performer at high altitude airports too, like that of La Paz, Bolivia, one of the world’s highest.


    Thanks to its combination of turboprop attributes, jet-like features, industry-leading passenger experience and environmental footprint, the Q400 aircraft is exceptionally versatile and can be adapted to a variety of business models. By offering a 30% reduction in fuel burn over the jets it often replaces, the Q400 aircraft radically reduces carbon emissions and increases cost efficiency. Its high-speed cruise -- 160 km/h faster than conventional turboprops -- places the aircraft’s flight time within minutes of jet schedules, at the same seat cost as larger single-aisle jets. Its large propellers operate at a lower RPM, generating more power with less noise and making it a friendly option for city centres.


    The Q400 aircraft family includes over 60 owners and operators in almost 40 countries worldwide and the worldwide fleet has logged more than 6 million flight hours. The aircraft has transported more than 370 million passengers worldwide. Bombardier has recorded firm orders for a total of 546 Q400 aircraft.


    About Bombardier

    Bombardier is the world’s leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.


    Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indices. In the fiscal year ended December 31, 2014, we posted revenues of $20.1 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.


    For Information

    Marianella de la Barrera

    Bombardier Commercial Aircraft

    +1-416-375-3030    

    marianella.delabarrera@aero.bombardier.com


    Read the full story here

    Source: www.bombardier.com


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