Baku - perfect geographic spot for transit stops, Cargolux says (Exclusive)

Business Materials 30 November 2018 14:35 (UTC +04:00)

Baku, Azerbaijan, Nov. 30

By Sara Israfilbayova – Trend:

Currently, Cargolux operates 20 flights a week through Baku, including 7 commercial stops originating from Luxembourg, the company told Trend.

According to the company, cargo transported into Azerbaijan is mostly transported on eastbound flights and the other connections serve as technical stops between Luxembourg and other more widespread destinations in the network.

Further, the company noted that a vast array of commodities is transported through Azerbaijan, including temperature-sensitive cargo, like perishables, fresh flowers, pharmaceuticals, etc.

“We also provide transportation for machinery and equipment related to the oil industry and IT equipment and spare parts,” said the company.

The company stressed that Baku has served as a stopover on Cargolux flights since its addition to the network 18 years ago.

“It serves as a solid stopover in our operation and no major changes are currently foreseen in our operations via Baku Heydar Aliyev International Airport. As for the industry in general, the sector depends on market fluctuations and as a cargo carrier we will adapt to the trends and various market needs,” Cargolux said.

Further, Cargolux representative stressed that the company has an extensive network covering Europe, Africa, Middle East, Asia and both Americas.

“Since we developed a dual hub strategy between Zhengzhou and China, we are quite strong on the Europe-Asia, especially in China. We do everything possible to maintain our position as one of the major cargo carriers in Americas and Africa,” the company said.

Speaking of Turkmenistan, the company representative said that they have only started operaing through Turkmenbashi city.

“Certain similarities have emerged between both markets as they are geographically perfectly placed as a transit stop between Asia and Europe. The possibility of serving these markets commercially creates substantial additional value to those stopovers. At the moment, Cargolux operates solely technical stop in Turkmenistan,” Cargolux stressed.

Touching upon the future plans, the company representative said that Cargolux is looking forward to strengthen ties and develop commercial exchanges in the country, adding that the business and connections have so far been positive and the company looks forward to future cooperation.

Cargolux Airlines International S.A. is a Luxembourgish cargo airline with its head office and home base at Luxembourg Airport in Sandweiler, Luxembourg. It is one of the largest scheduled all-cargo airlines in Europe with a global network. Charter flights and third party maintenance are also operated.

The company has more than 85 offices in over 50 countries. Its shareholders are Luxair (35.1 percent), HNCA (35 percent), BCEE (10.9 percent) SNCI (10.67 percent) and the Luxembourg State (8.32 percent).


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