On October 25 LLC Silk Way Airlines established a new carrier, LLC Silk Way East Airlines. According to the state register of commercial legal entities, the new airline will be led by the President of Silk Way Holding Sanan Akhundov.
The holding company has not disclosed plans for future activities of the new airline. Earlier it was reported that it will buy 10 new freighters in Ukraine.
In 2012, the Silk Way Airlines established the company Silk Way West Airlines. The airline has six aircraft Boeing.
The company with 100% foreign capital Silk Way Airlines haqs operated since 2001. At its disposal, there are several AN and IL planes. -----08B
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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