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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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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