In January the Azerbaijan airlines transported on domestic and international flights 114.6 thousand passengers, which is 11% less than in the same month last year, the State Statistics Committee said.
Transportation implemented mainly aircraft of the state airline CJSC Azerbaijan Airlines, which accounts for 99.9% of the flights.
According to the State Statistics Committee, in January the cost of flying in the local airlines was 22.8% higher than in January last year. The rise in ticket prices is the result of the devaluation of the manat.
It should be noted that in January, the Azerbaijani airlines transported 11.3 thousand tons of cargo mainly outside the country. This cargo increased by 44.9%. --08D-
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Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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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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