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Performance indicators
2024: Revenue growth 20% to $1.4 billion
National airline Uzbekistan Airways ended 2024 with revenue of 17.5 trillion soums ($1.4 billion), 20% higher than in 2023, and a net profit of 687.5 billion soums ($55 million), showing an increase of 67.4% compared to the previous period. This became known on July 29, 2025.
According to UZ Daily, the airline's assets increased by 0.5% compared to 2023, reaching 17.9 trillion soums (₽113,2 trillion). The company's capital amounted to 7.9 trillion soums (₽50,0 trillion), which is 1.3% more than in 2023.
The previously recorded uncovered loss of 149.9 billion soums (₽948,1 billion) was fully repaid. The airline's retained earnings in 2024 amounted to 293.3 billion soums (₽1,9 trillion).
The company's operating expenses increased significantly from 398.1 billion soums (₽2,5 trillion) to 1.5 trillion soums (₽9,5 trillion). Foreign exchange revenues decreased from 1.5 trillion soums (₽9,5 trillion) to 541.1 billion soums (₽3,4 trillion), and foreign exchange spending decreased from 2.0 trillion soums (₽12,7 trillion) to 845.4 billion soums (₽5,3 trillion).
Long-term debt on bank loans at the end of 2024 decreased by 1.0 trillion soums (₽6,3 trillion), reaching 6.8 trillion soums (₽43,0 trillion). The decrease in debt burden indicates an improvement in the financial condition of the airline.
In 2024, Uzbekistan Airways carried 6 million passengers, which is 119% more than in 2023. Such a significant increase in passenger traffic reflects the recovery in demand for air transportation and the expansion of the company's route network.
The airline operated 40,416 flights, up 125% from 2023. The increase in the number of flights allowed the carrier to serve the growing passenger traffic and expand the geography of flights.
59,276 tons of cargo were transported on regular, charter and cargo flights, which is 122% more than in 2023. The growth of freight transportation demonstrates the development of the airline's logistics capabilities.
Passenger seat employment in 2024 amounted to 83.1% against 81.1% in 2023. An increase in the load factor indicates effective flight planning and optimization of the route network.
In 2024, the airline's fleet of aircraft increased by five aircraft. The fleet included two A320neo aircraft, two ATR-72 and one LET-410. Fleet upgrades improve operational efficiency.[1]
History
2025
Agreement with Boeing for the supply of up to 22 aircraft 787 Dreamliner
Boeing and Uzbekistan Airways in September 2025 announced a deal to supply up to 22 American-made 787 Dreamliner aircraft, the largest order in the airline's history.
300 GB data leak. Passenger passport scans leaked
The network reported a major leak of confidential data of the airline Uzbekistan Airways in the amount of 300 gigabytes, including personal information of passengers and employees. The attackers claim that they gained access to databases with information about the carrier's 400,000 customers, including scanned copies of passports of citizens of 40 countries. The company denied unauthorized access to its systems on August 22, 2025.
According to Spot, information about the alleged hack was published on one of the forums on the darknet by the Daily Dark Web resource. The attacker announced the receipt of an archive containing data from the Postgres and S3 databases of the national air carrier of Uzbekistan.
The compromised archive allegedly includes detailed information about tickets and payment transactions of passengers with partially disclosed bank card numbers. The hacker claims to have access to approximately 500 thousand messages from electronic correspondence between customers and airline staff.
The author of the publication on the darknet announced the receipt of scanned copies of identity cards of citizens of various states, as well as other documents, including driver's licenses and marriage certificates. To confirm the reliability of the information, photos of several passports allegedly extracted from the stolen database were published.
The press service of Uzbekistan Airways categorically denied claims of violation of the security of corporate information systems. Company representatives stressed that the IT infrastructure operates normally without any failures or signs of external interference.
The official statement of the air carrier notes the absence of confirmed cases of unauthorized entry into the company's online systems. The management also denies the facts of compromising the personal data of passengers and employees of the organization.[2]
Notes
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