The state airline CJSC "Azerbaijan Airlines" announced special fares for the Baku -Istanbul- Baku flights.
According to the airline, selling tickets at 173 euros (taxes and fees included) for the dates of departure from 21 th January to 28 th August 2014. The campaign is valid until the 15th of January. For this price it is possible to fly from Baku to Istanbul and back. Today tickets in this area are worth 290 euros (296 billion.)
In parallel, the airline has started selling a limited number of tickets on the business class passengers. At the same time the ticket from Baku to Istanbul costs 347 euros and back - 328 euros.
"Azerbaijan Airlines" and "Turkish Airlines" make daily flights on the Baku -Istanbul- Baku. --08D--
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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