In the first half of this year, the Azerbaijani Airlines carried cargo totaling 214.7 million manat. This is 25 % more than in the comparable period of 2012, the State Statistics Committee told Turan. The volume of freight traffic grew 1.9 times and amounted to 54.7 thousand tons.
Profitability of freight traffic in the first half of the year was 29% . At a cost of 166.4 million manat, airline tax profit amounted to 48.2 million manat. This year, the cost of cargo transport you grew by 34.8%.
Cargo transportation in Azerbaijan is performed by Azerbaijan Airlines, Turan Air, Silk Way Airlines, and Silk Way West. The last three belong to the group of companies Silk Way Holding. The bulk of shipments is accounted for by this holding, which operates largely outside the country.
According to the SSC, the first eight months of this year, the volume of freight traffic on local air transport airlines reached 73.8 million tons, up 92.6 % over the same period last year.
In 2012, general freight in air transport was 59.1 thousand tons, which is 16.8 % more than in 2011. - 08D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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