Airlines earned 614 million manats from cargo transportation in 1st quarter of 2024

15:53 - 11.06.2024


June 11, Fineko/abc.az. In the 1st quarter of 2024, airlines’ revenues from cargo transportation increased in Azerbaijan, ABC.AZ reports with reference to the official statistics.

The air carriers received revenue of 614.25 million mantas for Q1 of 2024, with an increase of 89.77 million manats or 17% (income of 524.48 million manats for Q1 of 2023).

Of them, 613.92 million manats related to trade relations with the outside world.

The growth is linked with an increase in freight traffic. According to the State Statistics Committee, in the 1st quarter of 2024, the air carriers transported 102,500 tons of cargo (23% more versus 2023).