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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Azerbaijan is set to host its Trade Forum on October 1, supported by “Pasha Holding” and jointly organized by the Small and Medium Business Development Agency (SME), Azerbaijan Customs representation, and the Logistics Companies Association.
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The inaugural Investment Forum on energy transition in Central Asia is set to take place on November 15-16 in Baku, Azerbaijan, organized by the International Renewable Energy Agency (IRENA) and Azerbaijan’s Ministry of Energy as part of the COP29 conference.
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At the advisory meeting of railway administrations held in Baku on September 19-20, Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC (ADY), met with Ufuk Yalçın, General Director and Chairman of the Board of the Turkish State Railways Company "TCDD Taşımacılık." The meeting marked the second time this year that officials have discussed expanding railway transport cooperation between Azerbaijan and Turkey.
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The Center for Analysis of Economic Reforms and Communication (CAERC) has completed its monitoring and evaluation of the first half of the year in relation to the "I State Program on the Great Return to the Liberated Territories of the Republic of Azerbaijan." This state program focuses on restoring infrastructure and resettling displaced populations in areas that were reclaimed during the 2020 Nagorno-Karabakh conflict.
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