The Cabinet of Ministers has included the passenger airline Buta Airways in the structure of the state CJSC Azerbaijan Airlines with the status of a subordinate structure.
The spokesman for AZAL Pasha Kesamanski told Turan Buta Airways will operate independently from the parent company.
The AZAL structure was approved in April 2008. It consists of 6 airports, the passenger and cargo airline Azerbaijan Airlines, the National Academy of Aviation, the airline Azalagro, the flight security department, the fuels and lubricants department, and the air traffic department Azalaeronaviqasiya. AZAL has offices in a number of countries around the world. ---08D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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