Section: Transport

Zangezur Corridor 95% Complete by Road, 75% by Rail
Transport

Zangezur Corridor 95% Complete by Road, 75% by Rail

Azerbaijan has completed 95% of the road and 75% of the railway for the Zangezur Corridor. Work is expected to finish in the first half of 2027.

Zeyni JafarovSeptember 25, 2026
Verstappen Tops Third Practice at Azerbaijan Grand Prix
Transport

Verstappen Tops Third Practice at Azerbaijan Grand Prix

Red Bull driver Max Verstappen led the final practice session ahead of qualifying. George Russell of Mercedes was fastest in the first two practices.

Zeyni JafarovSeptember 25, 2026
US Sees South Caucasus Potential in Trans-Caspian Corridor
Transport

US Sees South Caucasus Potential in Trans-Caspian Corridor

US Chargé d'Affaires ad interim in Azerbaijan Amy Carlon said Washington is prioritizing the South Caucasus and sees potential in the Trans-Caspian trade corridor for American business.

Zeyni JafarovSeptember 25, 2026
Rodin Motorsport Drivers Take Top Two in Second F2 Qualifying at Azerbaijan Grand Prix
Transport

Rodin Motorsport Drivers Take Top Two in Second F2 Qualifying at Azerbaijan Grand Prix

Martinus Stenshorne set the fastest time, with teammate Alex Dunne second. Rafael Camara of Invicta Racing was third.

Zeyni JafarovSeptember 24, 2026
Alex Dunne Wins First Formula 2 Qualifying in Baku
Transport

Alex Dunne Wins First Formula 2 Qualifying in Baku

Rodin Motorsport driver Alex Dunne set the fastest time in the first Formula 2 qualifying session for the Azerbaijan Grand Prix. His teammate Martinius Stenshorne was second, and Noel Leon of Campos Racing was third.

Zeyni JafarovSeptember 24, 2026
USACC Discusses Middle Corridor Development with World Bank
Transport

USACC Discusses Middle Corridor Development with World Bank

The American-Azerbaijani Chamber of Commerce held a roundtable with World Bank Regional Director for the South Caucasus Rolande Pryce. Participants discussed investment and operational measures to improve the route's reliability and capacity.

Zeyni JafarovSeptember 23, 2026
BYD Launches Fang Cheng Bao Formula S and Formula S GT Electric Vehicles in China
Transport

BYD Launches Fang Cheng Bao Formula S and Formula S GT Electric Vehicles in China

BYD has introduced two new models under its Fang Cheng Bao brand in China: the Formula S liftback and the Formula S GT sporty hatchback. Prices start at $27,900 and $32,000 respectively.

Zeyni JafarovSeptember 22, 2026
Azerbaijan Suspends Iranian Airline Flights from September 22, 2026
Transport

Azerbaijan Suspends Iranian Airline Flights from September 22, 2026

AZAL has announced the suspension of flights by Iranian airlines to Azerbaijan due to a new US sanctions package targeting Iran's aviation sector.

Zeyni JafarovSeptember 22, 2026
Uzbekistan Explores Participation in Nakhchivan Railway Construction
Transport

Uzbekistan Explores Participation in Nakhchivan Railway Construction

Uzbekistan is considering participation in the construction of the Nakhchivan railway to gain access to Turkish ports in Samsun and Istanbul, the presidential press service said following a meeting chaired by Shavkat Mirziyoyev.

FinFly NewsroomSeptember 21, 2026
New Air Traffic Control Failure Disrupts UK Airports
Transport

New Air Traffic Control Failure Disrupts UK Airports

A failure at NATS' Scottish centre led to delays at Manchester, Glasgow and Belfast airports. London Gatwick and London City warned of possible disruption.

Zeyni JafarovSeptember 21, 2026
Iranian Airlines Suspend Flights to Georgia Over US Sanctions
Transport

Iranian Airlines Suspend Flights to Georgia Over US Sanctions

From September 21, Iranian carriers blacklisted by OFAC stopped operating flights to Georgia. Georgia's Civil Aviation Agency said it fully complies with the sanctions regime.

Zeyni JafarovSeptember 21, 2026
Transport services up 8.7%, but freight volumes rise only 3%
Transport

Transport services up 8.7%, but freight volumes rise only 3%

Growth in transport and storage services does not equal growth in tonnage. Passenger traffic and the structure of services change how Azerbaijan's transport statistics should be read.

Sadraddin AghjayevSeptember 20, 2026
Baku Port Increases Cargo Handling to 5.5 Million Tonnes
Transport

Baku Port Increases Cargo Handling to 5.5 Million Tonnes

In January–August, Baku Port handled over 5.5 million tonnes of cargo, up 3% year-on-year. Container turnover rose 22% to 85,000 TEU.

Zeyni JafarovSeptember 18, 2026
Azerbaijan and TRACECA Discuss Development of Middle Corridor
Transport

Azerbaijan and TRACECA Discuss Development of Middle Corridor

Azerbaijan's Foreign Minister Jeyhun Bayramov met with TRACECA Secretary General Jasurbek Choriev to discuss expanding transport links and increasing freight traffic along the Middle Corridor.

Zeyni JafarovSeptember 17, 2026
OTS Aims to Cut Transit Costs on Middle Corridor
Transport

OTS Aims to Cut Transit Costs on Middle Corridor

OTS Secretary General Kubanychbek Omuraliev said connectivity and digitalisation are priorities on the Trans-Caspian route. The OTS is working to simplify customs and reduce costs for freight carriers.

FinFly NewsroomSeptember 16, 2026
Air Astana Opens Ticket Sales from Baku to Almaty and Atyrau for Winter 2026/2027
Transport

Air Astana Opens Ticket Sales from Baku to Almaty and Atyrau for Winter 2026/2027

Air Astana has started selling tickets for flights from Baku to Almaty and Atyrau as part of its winter 2026/2027 schedule. The flights will be operated by Airbus A320 and Airbus A321LR aircraft.

FinFly NewsroomSeptember 16, 2026
Azerbaijan: Zangezur Corridor 95% Complete by Road, 75% by Rail
Transport

Azerbaijan: Zangezur Corridor 95% Complete by Road, 75% by Rail

Azerbaijani Foreign Minister Jeyhun Bayramov provided an update on the Zangezur Corridor. Completion of the projects is planned for the first half of 2027.

Zeyni JafarovSeptember 15, 2026
TMTM Participants Discuss Optimization of Freight Costs
Transport

TMTM Participants Discuss Optimization of Freight Costs

The Working Group on the Trans-Caspian Route considered tariff policy and container transportation to enhance the attractiveness of the Middle Corridor.

FinFly NewsroomSeptember 15, 2026
Kazakhstan Explores Montenegro's Bar Port for Exports to Europe
Transport

Kazakhstan Explores Montenegro's Bar Port for Exports to Europe

Kazakhstan's ambassador to Montenegro discussed with Bar port and Budva municipality officials the prospects for transshipping Kazakh cargo, including grain, toward the Western Balkans and Central Europe.

FinFly NewsroomSeptember 15, 2026
Moody's: Middle Corridor Accelerates Growth in Kazakhstan, Azerbaijan and Georgia
Transport

Moody's: Middle Corridor Accelerates Growth in Kazakhstan, Azerbaijan and Georgia

Moody's notes that investment in transport, logistics and energy in Central Asia and the Caucasus supports economic diversification and medium-term growth.

FinFly NewsroomSeptember 14, 2026
Iran and Oman Reach Agreement on Strait of Hormuz
Transport

Iran and Oman Reach Agreement on Strait of Hormuz

Tehran and Muscat have agreed on a text concerning safe routes in the Strait of Hormuz and plan to hold a meeting with regional countries.

FinFly NewsroomSeptember 14, 2026
Somon Air Receives Second Boeing 737 MAX 8
Transport

Somon Air Receives Second Boeing 737 MAX 8

Tajikistan's national carrier has added a second Boeing 737 MAX 8 to its fleet; the aircraft is named after Abuabdullo Rudaki, and the new planes are planned for international routes.

Zeyni JafarovSeptember 14, 2026
Turkmen Customs Officials Discuss Speeding Up Procedures on Trans-Caspian Route in Warsaw
Transport

Turkmen Customs Officials Discuss Speeding Up Procedures on Trans-Caspian Route in Warsaw

Representatives of Turkmenistan's customs service took part in a Warsaw seminar on 7–9 September on customs administration and EU connectivity with Central Asia, the Black Sea region and the South Caucasus.

Zeyni JafarovSeptember 14, 2026
EDB: Nearly $350 Billion to Be Invested in Eurasia's Transport Framework
Transport

EDB: Nearly $350 Billion to Be Invested in Eurasia's Transport Framework

The Eurasian Development Bank values Eurasia's transport project portfolio at $345 billion and identifies Central Asia as one of the most dynamic segments of the new logistics framework.

Sadraddin AghjayevSeptember 14, 2026
UAC Plans to Sign SJ-100 License Agreement with HAL by End of 2026
Transport

UAC Plans to Sign SJ-100 License Agreement with HAL by End of 2026

UAC CEO Vadim Badekha said a firm license agreement for localizing SJ-100 production in India with Hindustan Aeronautics Limited could be signed by the end of 2026. Over the next decade, India will need about 100 such aircraft.

Zeyni JafarovSeptember 10, 2026
Azerbaijan Transits 2,900 Tonnes of Grain from Russia to Armenia
Transport

Azerbaijan Transits 2,900 Tonnes of Grain from Russia to Armenia

Azerbaijan Railways reports another transit shipment: 1,400 tonnes of barley and 1,469 tonnes of wheat sent from Balajari station to Boyuk-Kesik station.

FinFly NewsroomSeptember 10, 2026
Air Arabia Extends Flight Cancellations to Russia for October and December
Transport

Air Arabia Extends Flight Cancellations to Russia for October and December

Air Arabia is gradually canceling flights to Russia, affecting October and December. Passengers do not always receive notifications.

FinFly NewsroomSeptember 9, 2026
Over 36,000 Cars Scrapped in Azerbaijan Since Program Launch
Transport

Over 36,000 Cars Scrapped in Azerbaijan Since Program Launch

Since the launch of the car scrappage program in Azerbaijan, 36,728 vehicles have been taken out of circulation, including 18,852 in January-August of this year.

FinFly NewsroomSeptember 9, 2026
Cargo Volumes on Trans-Caspian Route Up 22% in 8 Months
Transport

Cargo Volumes on Trans-Caspian Route Up 22% in 8 Months

In 8 months of 2026, cargo volumes along the Trans-Caspian International Transport Route increased by 22%, with East-West transit growing by 55%.

Zeyni JafarovSeptember 9, 2026
Azerbaijan: TRIPP Implementation Impossible Without Baku, Launch Expected in 2027
Transport

Azerbaijan: TRIPP Implementation Impossible Without Baku, Launch Expected in 2027

Azerbaijan's Foreign Minister stated that TRIPP negotiations are held between the US and Armenia, but implementation is impossible without Baku's participation. The project's start is expected in 2027.

FinFly NewsroomSeptember 9, 2026
ADY and Chinese Partners Discuss Development of the Middle Corridor
Transport

ADY and Chinese Partners Discuss Development of the Middle Corridor

Azerbaijan Railways discussed expanding freight traffic and digitalizing port operations with Chinese delegations at the CICA conference in Baku.

FinFly NewsroomSeptember 9, 2026
How Technology Is Transforming the Marine Insurance Market - Interview with Surety Marine CEO
Transport

How Technology Is Transforming the Marine Insurance Market - Interview with Surety Marine CEO

Surety Marine, formerly an underwriting agency, has obtained a license and become an independent insurer. The company focuses on flexibility, low operating costs, and the use of satellite data for risk assessment.

Sadraddin AghjayevSeptember 9, 2026
Azerbaijan's Air Navigation: 11% Growth in Summer 2026
Transport

Azerbaijan's Air Navigation: 11% Growth in Summer 2026

In the summer season of 2026, air traffic volume in Azerbaijan increased by 11% compared to the previous year, reaching 102,130 flights.

FinFly NewsroomSeptember 8, 2026
UK Air Traffic Control System Failure Disrupts Airports
Transport

UK Air Traffic Control System Failure Disrupts Airports

A technical failure in the UK's air traffic control system caused delays and cancellations at major airports, including Heathrow and Gatwick.

FinFly NewsroomSeptember 8, 2026
US Imposes Sanctions on 36 Individuals and Companies Over Iran's Aviation Sector
Transport

US Imposes Sanctions on 36 Individuals and Companies Over Iran's Aviation Sector

The US Treasury announced new sanctions against Iranian airlines and related entities, accusing them of supporting the transport of weapons and illegal cargo.

FinFly NewsroomSeptember 8, 2026
Baku and Washington discuss normalization of Azerbaijani-Armenian relations
Transport

Baku and Washington discuss normalization of Azerbaijani-Armenian relations

Azerbaijan's Deputy Foreign Minister Elnur Mammadov received U.S. Chargé d'Affaires in Armenia David Allen. The sides discussed the peace process and implementation of the 'Trump Route'.

FinFly NewsroomSeptember 8, 2026
Wizz Air expands presence in Armenia to four aircraft and launches new routes
Transport

Wizz Air expands presence in Armenia to four aircraft and launches new routes

Hungarian low-cost carrier Wizz Air will increase its fleet in Yerevan to four aircraft and launch flights to Basel, Valencia, and Varna starting in December.

FinFly NewsroomSeptember 8, 2026
ADB to Prepare Report on Ports and Logistics in CAREC Region
Transport

ADB to Prepare Report on Ports and Logistics in CAREC Region

The Asian Development Bank announced the preparation of a new report on ports, shipping, and logistics in the CAREC region, which will help determine future investments.

FinFly NewsroomSeptember 8, 2026
Azerbaijan's Airports Maintain Passenger Traffic, Increase Number of Flights
Transport

Azerbaijan's Airports Maintain Passenger Traffic, Increase Number of Flights

In January-August 2026, the airports of Baku, Nakhchivan, and Ganja served more than 5.7 million passengers, maintaining last year's level, while the number of flights increased by 1.5%.

Zeyni JafarovSeptember 8, 2026
Azerbaijan Airlines Resumes Flights to Jeddah from September 15
Transport

Azerbaijan Airlines Resumes Flights to Jeddah from September 15

Azerbaijan Airlines will resume regular flights on the Baku–Jeddah–Baku route from September 15, 2026. Flights will operate four times a week.

FinFly NewsroomSeptember 8, 2026
Azerbaijan becomes central transport hub for Central Asia
Transport

Azerbaijan becomes central transport hub for Central Asia

At a forum in Baku, Emil Mammadov, advisor to Azerbaijan Railways, announced large-scale integration with Central Asia and the creation of a new association 'Eurasian Transport Route'.

FinFly NewsroomSeptember 8, 2026
Azerbaijan explores digital FIATA Bill of Lading adoption
Transport

Azerbaijan explores digital FIATA Bill of Lading adoption

Azerbaijan's freight forwarders association and the Ministry of Digital Development and Transport are studying the possibility of introducing the FIATA Bill of Lading in digital form.

FinFly NewsroomSeptember 8, 2026
Audi Considers Sale of Ducati
Transport

Audi Considers Sale of Ducati

Audi CEO Gernot Döllner has announced the possible sale of motorcycle manufacturer Ducati as part of Volkswagen Group's asset evaluation.

FinFly NewsroomSeptember 8, 2026
Middle Corridor: Azerbaijan Railways Steps Up Cooperation with Europe to Attract Cargo
Transport

Middle Corridor: Azerbaijan Railways Steps Up Cooperation with Europe to Attract Cargo

Azerbaijan Railways is increasing cooperation with European partners to systematically attract cargo flows along the West-East route through the Middle Corridor.

FinFly NewsroomSeptember 8, 2026
Iran and Oman Prepare to Register Safe Route in Strait of Hormuz
Transport

Iran and Oman Prepare to Register Safe Route in Strait of Hormuz

Iran and Oman are finalizing negotiations on a safe temporary route in the Strait of Hormuz, with an agreement expected to be registered with the IMO in the coming days.

FinFly NewsroomSeptember 7, 2026
Georgia to Invest $7 Billion in Port Infrastructure
Transport

Georgia to Invest $7 Billion in Port Infrastructure

Prime Minister Irakli Kobakhidze announced plans to allocate $7 billion for the development of ports and infrastructure to enhance the country's transit potential.

FinFly NewsroomSeptember 7, 2026
JLR to Cut 4,000 Jobs in the UK
Transport

JLR to Cut 4,000 Jobs in the UK

Jaguar Land Rover has announced plans to cut around 4,000 jobs in the UK as part of a cost-saving program.

FinFly NewsroomSeptember 7, 2026
IRGC Claims Strikes on US Vessels and Oil Tankers in Strait of Hormuz
Transport

IRGC Claims Strikes on US Vessels and Oil Tankers in Strait of Hormuz

The Islamic Revolutionary Guard Corps reported attacks on three American vessels and three oil tankers in response to US strikes on Iranian tankers.

FinFly NewsroomSeptember 6, 2026
Ministry of Transport Working on New Air Routes to Friendly Countries
Transport

Ministry of Transport Working on New Air Routes to Friendly Countries

Russian Transport Minister Andrei Nikitin announced efforts to open new air routes and increase flight frequencies to friendly countries in Asia and the Middle East.

FinFly NewsroomSeptember 5, 2026
Kazakhstan and China Launch Digital Platform for Grain Trade
Transport

Kazakhstan and China Launch Digital Platform for Grain Trade

Kazakhstan and China have launched a joint digital platform for trading grain and agricultural products. The first contract signed is for the supply of 24,000 tons of flax.

FinFly NewsroomSeptember 5, 2026
Kazakhstan to Increase Seaport Capacity to 30 Million Tons by 2030
Transport

Kazakhstan to Increase Seaport Capacity to 30 Million Tons by 2030

Kazakhstan plans to increase the total cargo handling capacity of its seaports from 21.8 million to 30 million tons by 2030, and expand the capacity of the Trans-Caspian route.

FinFly NewsroomSeptember 5, 2026
Azerbaijan Sends Another Batch of Oil Products to Armenia
Transport

Azerbaijan Sends Another Batch of Oil Products to Armenia

Azerbaijan has dispatched a batch of oil products to Armenia, along with Russian wheat, fertilizers, and timber transiting through Azerbaijan.

Zeyni JafarovSeptember 5, 2026
New Baku Metro Station Named '20 September'
Transport

New Baku Metro Station Named '20 September'

Azerbaijan's Cabinet of Ministers has decided to name a new metro station in Baku '20 September' in honor of the restoration of the country's sovereignty.

FinFly NewsroomSeptember 4, 2026
Uber launches Wayve robotaxis in London with safety operator
Transport

Uber launches Wayve robotaxis in London with safety operator

British company Wayve's self-driving taxis are now available for booking in London via Uber, but initially with a safety operator behind the wheel.

FinFly NewsroomSeptember 4, 2026
Azerbaijan to Send Another Batch of Diesel Fuel to Armenia
Transport

Azerbaijan to Send Another Batch of Diesel Fuel to Armenia

Azerbaijan continues exporting petroleum products to Armenia: 989 tons of diesel fuel will be shipped from Bilajari station.

Zeyni JafarovSeptember 3, 2026
Trump Proposes Renaming Strait of Hormuz to 'Trump Strait'
Transport

Trump Proposes Renaming Strait of Hormuz to 'Trump Strait'

US President Donald Trump has proposed renaming the Strait of Hormuz to 'Trump Strait', claiming it is under US control.

Nargiz MammadovaSeptember 3, 2026
Uzbekistan and Hong Kong Discuss Financing for Tashkent–Samarkand Highway
Transport

Uzbekistan and Hong Kong Discuss Financing for Tashkent–Samarkand Highway

Uzbekistan's Transport Minister held talks with a Hong Kong official on attracting investment for the construction of a toll road and developing air connectivity.

Zeyni JafarovSeptember 2, 2026
Supertanker Hits Mines in Strait of Hormuz
Transport

Supertanker Hits Mines in Strait of Hormuz

A supertanker carrying oil struck two naval mines in the Strait of Hormuz, causing a fire and loss of propulsion.

FinFly NewsroomAugust 31, 2026
AZAL Delays Baku-Nakhchivan Flights Due to Thunderstorm
Transport

AZAL Delays Baku-Nakhchivan Flights Due to Thunderstorm

Azerbaijan Airlines (AZAL) has delayed flights on the Baku-Nakhchivan-Baku route due to thunderstorm conditions. Flights will resume once weather improves.

FinFly NewsroomAugust 29, 2026
Iran Seeks Alternative Trade Routes via Caspian Sea
Transport

Iran Seeks Alternative Trade Routes via Caspian Sea

Amid uncertainty in the Strait of Hormuz, Iran is exploring trade development through northern ports and the Caspian Sea, potentially reducing dependence on southern routes.

FinFly NewsroomAugust 29, 2026
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Transport cost and speed influence goods prices, exports, imports and company competitiveness.

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The Middle Corridor, ports, railways, aviation, urban mobility and logistics digitalization.