Over the first seven months of this year, local air companies carried approximately 870,000 passengers, by 13.1% more than over the same period of lat year. This rate of passenger carriages volume can approach this year to its peak (1526 thousand people), which was observed in 2007.
According to the State Statistics Committee, that the share of state PFJ "Azerbaijan Airlines" is 98.5% of passenger traffic. Since last year the company expanded the geography of flights, both in Europe and the CIS. Frequency of flights was increased. However, the activity of AZAL is unprofitable.
In 2011 the Azerbaijani airlines transported 1394 thousand passengers (37.1%). 08D
Economics
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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