AZAL airline lost another two units (UPDATED)

2014 March 03 (Monday) 13:23:38

The State Air Company Azerbaijan Airlines lost two structural units . Resolution to this effect was taken on February 27 by the Cabinet on the proposal AZAL in agreement with the State Committee for Property Affairs.

Structure derived from the airline management of aircraft maintenance and production and economic management . In AZAL not comment on what is happening. Although it is known that , like many other services, they moved " in the sphere of interest " of private airlines "Silk Way Holding". This holding company has "Silk Way Technics", which since 2006 has been the maintenance of aircraft at airports territory of Azerbaijan. Virtually all the material and technical base of the holding , which includes more than 20 companies , was elevated based on the " wreckage " AZAL.

According to the aforementioned documents , the government also made ??adjustments to the structure of JSC Azerbaijan Airlines. In the structure of the airline appeared separate unit airline passenger Azerbaijan Airlines. According to the State Statistics Committee, in 2013 the local airlines transported 1,665,600 passengers (4.2 %), of which 99.6% accounted for by AZAL.

Regulations and structure of CJSC Azerbaijan Airlines were approved on April 30, 2008. In late December of the same year from the structure of the airline there was withdrawn Baku Airline Azalhelicopter International Business and Management.

Silk Way Holding has a powerful helicopter fleet (LLC SW Helicopter Services) and is the exclusive sales agent of tickets AZAL (LLC Silk Way Travel).

In the structure of the state airline cargo airline remain "Azerbaijan Airlines", which officially hardly noticeable in cargo transport. AZAL for many years does not provide any information about the activities of the airline Azalagro. This airline in the Soviet period was used for the conduct of pest control.

AZAL Airline is one of the largest public economic entities authorized capital - 823 974 400 manat. Moreover, its outstanding financial losses at the beginning of 2013 exceeded 0.5 billion manat. - 08B-