Silk Way West's net profit falls 11-fold

A sharp drop in 2023 in the revenues of Silk Way West LLC, an airline part of Silk Way Holding, significantly affected its net profit, ABC.AZ informs, referring to the consolidated financial report.

Qatar may become a member of North-South transport corridor

Qatar may become a member of international transport corridor North-South.

Finances to be spent on road repairs in Baku made public

GM to pay a fine of almost $146 million

A U.S. government investigation has identified excess emissions from approx. 5.9 million on General Motors (GM) vehicles.

EU imposes duties of up to 37.6% on Chinese electric vehicles

From July 4, the European Union will impose import duties of up to 37.6% on electric vehicles from China, ABC.AZ reports, referring to the statement of the European Commission.

A number of rules on Azerbaijani Railways approved

A container block train departs daily from Xi'an to Baku

Starting from this month, a container block train departs daily from the Chinese city of Xi'an to Baku along the Middle Corridor

More than 113 million passengers used Baku metro in 6 months

In the 1st half of this year, 113,195,216 passengers used the Baku metro.

Tesla has reduced supply of electric vehicles by 5%

Electric car manufacturer Tesla lowered shipments almost by 5% in the 2nd quarter of this year.

Starting from 2028, Chinese company to start assembling batteries in Azerbaijan

In order to provide the bus fleet in Azerbaijan at the expense of local production, a framework agreement has been signed with Chinese company BYD Company Ltd.

Number of QR ticket users in Baku metro exceeds 1.5 million

Over the past 6 months, 1,725,350 passengers used QR tickets at Baku Metro CJSC, ABC.AZ reports, referring to the company.

President participated in ceremony to commission ‘Zangilan’ tanker

First freight train via new route through Middle Corridor launched

The first freight train from China to Türkiye has been launched on a new route through the Middle Corridor,

Flights from Tyumen and Surgut to Baku begin

Russian airline Utair has expanded its flight program to Baku.

Cars carrying passengers in urban conditions must be equipped with video cameras

Starting from today, vehicles used for intercity and intercity passenger transportation must be equipped with video cameras covering the entire interior and providing internal and external control, as well as a memory device capable of storing data for at least 15 days.

Georgia imported 48,000 tons of automobile fuel from Azerbaijan in 5 months

Georgia imported 502,100 tons of gasoline and diesel fuel for Jan-May of this year (14.4% more against Jan-May 2023), informs the Association of Importers of Petroleum Products of Georgia.

Freight transportation between OTS countries to be simplified

Azerbaijan to ban sale of cars given to disabled people

The sale and donation of rehabilitation funds to a person with an established disability is prohibited.

Number of railway workers drops by 613 people during the year

In the 1st quarter of this year, there was a decrease in the number of railway workers compared with Q1 of 2023.

Turkish Airlines declared best airline in Europe for 9th time

Turkish Airlines, the national airline of Türkiye, has been awarded the title of The Best Airline in Europe for the ninth time, ABC.AZ reports, referring to the Turkish airline.

Honda to cease production of mopeds from next year

The management of the Honda Corporation has decided to stop the production of mopeds with engine capacity of 50 cc or less by November 2025, including the world's best-selling Super Cub series