Azerbaijan’s State Oil Fund (SOFAZ) has announced a £50 million (US$67 million) investment in London Gatwick Airport (LGW) in partnership with Global Infrastructure Partners (GIP), a U.S.-based firm now part of BlackRock. The investment marks one of SOFAZ’s largest single infrastructure deals in Europe, underscoring the sovereign wealth fund’s long-term strategy to diversify into global infrastructure and sustainable assets.
Silk Way West Airlines has extended its strategic services agreement with GE Aerospace, a move that underscores the carrier’s ambitions for growth and modernization in the global air cargo market. The comprehensive agreement covers maintenance for five Boeing 747-8F powered by GEnx-2B engines, six Boeing 777F with GE90-115B engines, and up to four upcoming Boeing 777-8F with GE9X engines. This collaboration secures long-term technical support while providing predictable cost…
Air Arabia Abu Dhabi, the capital’s first low-cost airline, has announced an increase in flight frequencies to Baku in Azerbaijan and Tbilisi in Georgia, reinforcing its strategic push to enhance regional connectivity and meet the surging demand for budget-friendly travel. This latest network enhancement supports tourism and cultural exchange between the UAE and the Caucasus region, two increasingly interconnected travel markets.
Samarkand International Airport (SKD) experienced a 9.4% year-on-year growth in passenger traffic during the first half of 2025, handling a total of 708,000 passengers, according to Air Marakanda, the airport’s operator. This growth underscores the airport’s strengthening position as a key gateway for tourism and international connectivity in Uzbekistan.
Uzbekistan Airways and AZAL Azerbaijan Airlines have entered into a new codeshare agreement, strengthening bilateral air connectivity and expanding travel options between the two nations. The agreement allows each airline to sell seats on select flights operated by the other, enabling more seamless passenger transfers and improved scheduling flexibility.
Air Montenegro has announced the launch of new seasonal operations from Podgorica to two exciting destinations: Prague and Baku. The flights to Prague will commence on 1 May 2025, while services to Baku will start on 7 June 2025.
Air Montenegro is set to enhance its route network with the launch of direct flights from Podgorica to Baku and Praguein 2025. The service to Prague will commence in May, followed by the Baku route in June. These flights will be operated using the modern and efficient Embraer E195-E2, known for its enhanced passenger comfort and fuel efficiency.
