Following Turkish Airlines, the national carrier CJSC Azerbaijan Airlines (AZAL) has announced the extension of a special promotion on flights from Baku to Istanbul and back. Since April this year, the rate does not change and is 225 euros in both directions.
Both companies simultaneously announced the extension of ticket sales at a special rate for the month.
Istanbul is one of the few cities in the world where (distance between the airports is 1,785 km) you can fly by aircraft of two airlines. Competition forces AZAL to «keep up" with other airlines, from time to time offering tickets for flights from Baku at lower prices.
For comparison, to Rome (3,122 km) AZAL offers tickets in both directions at a price not less than 605 manats, Paris (3,818 km) - 625 manats, Vienna (2,789 km) - 640 manats, and Tel Aviv (1,649 km) - 526 manats.
AZAL flies three times daily along the route Baku-Istanbul-Baku. Almost the same number of flights is operated by Turkish Airlines.
CJSC Azerbaijan Airlines operates 30 aircraft to 57 destinations across Europe, the US, Asia and the CIS. --08B-
Economics
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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