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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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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