The JSC "Azerbaijan Airlines" (AZAL) intends to expand its fleet in the coming years. These issues are discussed in the framework of participation of the Azerbaijani delegation headed by the president of AZAL Jahangir Asgarov at the International Air Show Farnborough Airshow-2016 in the UK. According to the press-service of the company, the Azerbaijani side has held talks with major aircraft manufacturers as the Boeing, "Ilyushin", "Antonov" and others. At a meeting with the senior vice-president of Boeing Martin Bentrott and Director of Sales Corporation Serdar Gurz was discussed the possibility of delivery in 2018-2020's ten Boeing 737 MAX aircrafts. The parties discussed the issue of financing of the project.
On the same day was held the third round of talks with the head of the Board of the Corporation "Ukrainian Aviation Company" Mikhail Gvozdev and the President of the State Enterprise "Antonov" Alexander Kotsuba project of production and maintenance of transport aircraft An-178 on the territory of Azerbaijan.
There were also talks between the President of CJSC "Azerbaijan Airlines" Jahangir Asgarov and Director General of JSC "Ilyushin Finance Co". Alexander Rubtsov on transfer to leasing of aircraft MS-21. In June the parties signed a memorandum of intent for the transfer in the lease of ten new MS-21 medium-haul aircraft. Delivery is scheduled for 2019-2020 years.
At this meeting was signed a contract for the supply of financial leasing in the world's largest series of cargo aircraft An-124-100 (Ruslan). Agreement with the participation of Jahangir Askerov and the president of the United Aircraft Corporation (UAC) was signed by President George Slusar Silk Way Holding 3aur Akhundov and General Director of JSC "Ilyushin Finance Co" Alexander Rubtsov.
"The acquisition of the aircraft AN-124-100 (Ruslan) will become a new stage of development of civil aviation of Azerbaijan, will allow to increase competitive advantage and strengthen our country's position in the global air freight market. During the last 10 years, we have transformed the Heydar Aliyev International Airport into a major transport hub of air cargo Today civil aviation of Azerbaijan announced itself as the official airline of the project Silk road connecting East and West, we are working hard to achieve the same success in the travel industry," said Jahangir Askerov.-06D--
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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