The information spread by some pro-government sites about lowering prices for flights by the state airline AZAL, have not been confirmed. The attempts to get comments in AZAL were futile. The air company did not make any statements, to confirm or deny information about the price drop for its flights. According to unofficial data, the leadership of AZAL is considering the possibility of reducing prices, but not any decision has been made. On 13 July President Ilham Aliyev criticized the pricing policy by AZAL, and urged the company to lower tariffs for transportation of passengers.
The opposition press and users of social networks more than a year have criticized authorities for monopoly and arbitrariness of AZAL, which sells tickets by 50-80% more expensive than other airlines.
In addition, AZAL has closed access to Azerbaijan for a low-budget companies. Many Azerbaijanis have to go to Tbilisi and from there fly abroad, thus trip abroad costing by two or three times cheaper. -06D-
Economics
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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