Over three quarters of this year airlines carried 1,225.600 passengers, which is by 14.8% more than over the same period in 2011 This trend is ongoing over the last two or three years of sharp decline in passenger carriages by rail; but this year, passenger carriages by rails fell by 20.8%.
Overall growth rate of passenger traffic over the reported totaled 8.5%.
According to the State Statistical Committee (SSC) of the country, the share of public CJSC "Azerbaijan Airlines" is 98.5% of passenger carriages of local airlines. The share of other local airlines ("Turan Air") is 1.5% of carriages.
In the market of air carriages in Azerbaijan are involved airlines of Russia, Kazakhstan, Iran, Turkey, Germany, Britain and other countries. The SSC does not have statistical data on the volume of passengers carried by them. 08D
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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