The Azerbaijani government has agreed to a Turkish airline Pegasus on the implementation of flight Istanbul-Gabala-Istanbul. A spokesman for the state airline CJSC "Azerbaijan Airlines" Pasha Kesamanski said Turan, that the international airport in Gabala was the choice of the airline. The date of the flight and the airline will appoint the intensity of Pegasus.
A permission was granted to perform flights on the route Budapest-Baku-Budapest by the airline Wizz Air. Relevant letter was sent to the Hungarian airline on 24 August. However, the airline plans to begin flights no earlier than March 2016. In the near future the parties will proceed to the agreement details.
AZAL representative said that in the winter of this year, one of the Turkish private airline plans to fly to Lankaran Airport. 08B
Economics
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Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
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The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
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BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
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In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
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