Azerbaijan Airlines pledges 6 aircraft

Economic Department
Author

In 2023, AZAL airline pledged six aircraft with a book value of 348.65 million manats ($205.088 million) due to debt obligations, Report informs via AZAL's financial statement.

This debt was taken to refinance obligations for three leased Airbus aircraft.

The report also shows that during the year, AZAL received 125.475 million manats ($73.808 million) from the government for future aircraft purchases.

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