An ad hoc working group being created in the government would draw up a program on restoration of Ukrainian aviation industry for the medium term outlook. The document is to be approved by Ukraine’s Cabinet of Ministers in early 2017. The press service of the government reported that the decision was made after a meeting…Details
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Azerbaijan and Mexico are successfully cooperating in trade, Mexican ambassador to Azerbaijan Rodrigo Labardini said at a press-conference in Baku on November 29. Labardini recalled that the Azerbaijani embassy opened in Mexico in 2007, while the Mexican embassy in Azerbaijan launched its activity in 2014. The ambassador said that the opening of diplomatic missions contributed…Details
An auction for placement of short-term notes worth 75 million manats of Azerbaijan’s Central Bank will be held at the Baku Stock Exchange (BSE). Some 750,000 notes at a par value of 100 manats each and maturity period of 28 days will be put up for auction. The maturity date of the notes is December…Details
Uzbekistan plans to start a large-scale liberalization of its exchange rate policy in 2017 in accordance with the draft decree of the Uzbek president. The draft decree was developed by the Central Bank and was promulgated for discussion on the Uzbek single portal of interactive state services. One of the main lines of the new…Details
Implementing the defense industry reform Ukroboronprom State Concern has started preparing for corporatization of its enterprises. The press service of the concern reported that plans and corporatization schedules of the first five Ukroboronprom member enterprises, including Antonov State Enterprise and 410 Civil Aviation Plant (both based in Kyiv), had been approved by the Economic Development…Details
Azerbaijan Airlines CJSC (AZAL) intends to fly two million passengers till late 2016, Eldar Hajiyev, AZAL vice-president, said. “AZAL transported 1.7 million passengers in 2014, 1.8 million in 2015”, he added. Hajiyev added that at present, AZAL fleet consisted of 23 aircraft and the number of aircraft was expected to be increased by 12 in…Details
Azerbaijan Airlines CJSC (AZAL) will increase the number of regular flights from Baku to Moscow. Two flights will be carried out daily from the Heydar Aliyev International Airport to Moscow Vnukovo airport from March 2017. The corresponding agreement was signed by AZAL Vice-President Eldar Hajiyev and Vnukovo airport Director General Vasily Alexandrov in Moscow on…Details