ADY has a large tax debt

Azerbaijan Railways CJSC (ADY) has a huge tax debt.

AvtoVAZ employees go on forced leave

Sanctions against Russia have begun to manifest themselves in all spheres of the economy.

Have the prices of hybrid cars increased?

Prices for some cars in the automotive sector have declined.

These cars become cheaper

The Center for Economic and Social Development (CESD) has published information about the decline in car prices in Azerbaijan last month.

Azerbaijan produced 3 cars in February

105,000 cars were assembled in Azerbaijan over Jan-Feb 2022 (2.1-fold less versus Jan-Feb 2021), according to the State Statistics Committee.

Trucks with Russian and Belarusian license plates are not allowed to pass through Polish border

Bike paths are laid in Baku

The construction of a 1.6-km section of a 7.5 km bicycle road has been completed in the central part of Baku.

Aeroflot to resume Moscow-Baku flights

Aeroflot will resume regular flights from Moscow to Baku starting from 21 March.

The President of AZAL discussed prospects for cooperation with the ambassadors of Pakistan and Bulgaria

Iran presents its first electric car

Iran has conducted the presentation of its first electric car.

Infiniti suspends car deliveries to Russia

Infiniti has decided to halt the supply of new cars to Russia.

Two bridges to be built between Azerbaijan and Iran

The Memorandum of Understanding was signed between the governments of Azerbaijan and Iran on 11 March.

Iran and Azerbaijan sign a memorandum

Certificate of airworthiness of Russian aircrafts canceled

Bermudas has suspended the validity of certificates of airworthiness of Russian aircrafts.

Finnish railway company has delayed hundreds of freight trains from Russia

Russia lifts ‘covid’ restrictions on flights to Azerbaijan

Russia lifts restrictions imposed due to COVID-19 on irregular and regular flights to Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and Iran on a reciprocal basis.

Azerbaijan creates a joint venture with two countries

With the purpose to develop the Trans-Caspian International Transport Route (TITR), Kazakhstan, Azerbaijan and Georgia have agreed to establish a joint venture that will solve issues relating to the determination of tariffs, cargo declaration, use of unified IT solutions and consolidation of transit cargo.

Air Astana halts flights to Russia

Kazakh airline Air Astana has also suspended flights to Russia

Antimonopoly Supervision Service initiates a case against Azerbaijan Railways

Lada plant suspends production

Cathay Pacific suffered losses for $700 million

Hong Kong-based Cathay Pacific, one of Asia's largest airlines, recorded a loss of $700 million last year