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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As a significant step toward strengthening Azerbaijan's position in global trade, the "International Trade" working group of the Commission on Business Environment and International Rankings held a videoconference to review progress achieved and set objectives for 2025. Key participants included the First Deputy Minister of Economy, Elnur Aliyev; the Head of the Economic Reforms Monitoring and Evaluation Sector, Vusal Shikhaliev; and the Deputy Chairman of the State Customs Committee, Natig Shirinov.
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Under the auspices of Azerbaijan’s Ministry of Economy and the Azerbaijan Export and Investment Promotion Agency (AZPROMO), a pivotal exporters’ meeting was held this week in Baku. The event brought together government officials, industry leaders, and entrepreneurs to review progress in export operations over the past year and set ambitious goals for 2025.
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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