AZAL Completed Tourist Season
State Air JSC Azerbaijan Airlines (AZAL) has finished its season flights to the tourist centers in Turkey. Today, the company released data on the number of passengers, who used AZAL services on the routes Baku - Antalya and Baku - Bodrum since the second half of June.
On board the aircraft Boeing-757 and Boeing-767, capable of servicing 180 and 198 passengers at a time, AZAL safely delivered 10,000 passengers to the Bodrum airport and 12,000 to Antalya.
AZAL aircraft land at 31 airports worldwide.
According to the State Statistics Committee, in the first half of 2012 the domestic flights carried 207.1 thousand passengers, the CIS flights carried 10,000 passengers and international airlines carried 468.4 thousand passengers. The share of AZAL is 98.5% of the passenger traffic. - 08B-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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