Aiming to further expand the geography of flights "Azerbaijan Airlines" CJSC is launching direct flights from Baku-Beijing/Beijing-Baku starting from May 10, 2013.
Flights will be operated twice a week on Tuesdays and Fridays on board of modern and comfortable aircrafts Airbus А-340 and Boeing 767, purchasing of which allowed AZAL, for the first time in its history, operating long-haul flights.
The minimum tickets price for economy class on Baku-Beijing-Baku will be just 465 EURO (taxes and fees included).
It should also be noted that "Azerbaijan Airlines" CJSC jointly with Chinese partner-airlines offers special transfer tariffs for the passengers flying from Beijing airport to such cities of China as Guangzhou, Shanghai, Shenzhen, Hangzhou, Zhengzhou, Xi'an (Xian), Chengdu and others, as well as to the airports in the East and South-East. --08D--
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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