News & Analysis

Growth Continues for State-Owned Azerbaijan Airlines

Azerbaijan Baku - September 16 2015: View of the Heydar Aliyev International Airport sign in Baku Azerbaijan. The airport is the home of Azerbaijan Airlines the national flag carrier.

Azerbaijan Airlines (AZAL) has announced expansion plans both on the ground and in the air. The state-run carrier, with its head office and flight operations at Heydar Aliyev International Airport in Baku, wants to create a free economic zone on the airport’s territory

“The legislative base necessary for the project’s implementation has already been approved and an action plan is being prepared,” Jahangir Asgarov, AZAL’s CEO said.

The company also plans to purchase four Boeing 787 Dreamliners before the end of the year and two more Boeing 747-8 Fs for Silk Way Airlines, a state-run cargo airline.

“Currently, preparatory work is being done to purchase these planes,” Mr Asgarov added.

Earlier, AZAL signed a contract for the purchase of 10 Boeing 737 MAX aircrafts which are set to be put into operation in 2018. These will be added to the current fleet: Boeing 747, Boeing 787, Boeing 767, Airbus 340, Airbus 320, Airbus 319 and Embraer 190. Silk Way Airlines operate ten more Boeing 747.

Meantime, traffic at Baku airport, which has had a new terminal since 2014, is on the up. In the first since months of 2017, Heydar Aliyev International Airport served 3.1 million passengers, roughly the same as throughout the whole of 2016. Azerbaijan Airlines carried 1.9 million passengers between January and September this year. Just over 46 per cent of the airport’s total international traffic is accounted for Azerbaijan Airlines, 53.9 per cent by foreign air carriers.