Baku/19.12.13/Turan : For the nine months of this year, revenues from local airlines freight amounted to 354 886.9 thousand manats, which is 32.9 % more than in the first three quarters of 2012 . Thus, the volume of freight traffic in the mentioned period increased by 87.2 % , the State Statistics Committee told Turan .
The implementation of transport airlines spent 265 615.3 thousand manats, or 38.9 % more than 9 months of last year. Thus, they gained AZN 89.2 million ($ 108 million ) of the book profits.
Azerbaijan sector of cargo transport companies is controlled by Silk Way Airlines and Silk Way West, which are affiliated with a group of companies Silk Way Holding. The first of these companies was established in 2001 and has 7 IL -76 and 3 AN-12 planes. The second company was established in 2012 and has three Boeing 747-400F and two Boeing 767 -300F aircraft. -08D-
Economics
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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