Azerbaijan-based cargo carrier Silk Way West Airlines and Boeing have announced that the two companies are finalizing terms and working toward a purchase agreement to be placed by Silk Way West for three Boeing 747-8 Freighters.

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With the delivery of the first of two Boeing 787-8 Dreamliners on order, Azerbaijan Airlines becomes the first airline in the Commonwealth of Independent States to operate the 787.

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Silk Way Airlines, a cargo carrier based in Baku in Azerbaijan, has announced an order for two Boeing 747-8 Freighters. Boeing values the airline’s order for the two widebody freighters at $704 million at current list prices.

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The carrier will deploy four Embraer 190 jets on its international network from Baku’s Heydar Aliyev International Airport. The three remaining aircraft are scheduled for delivery by the end of the year. Two 76-seat Embraer 170s purchased from ECC Leasing will also join the fleet later this year.

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Star Alliance member Aegean Airlines has launched an expanded schedule which includes 29 new scheduled international routes from a total of 12 Greek and Cypriot airports, eight of which Aegean uses as bases.

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