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Uzbek Startup Carrier Qanot Sharq To Take Two Airbus A320s
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Uzbekistan is getting a new air carrier called Qanot Sharq Airlines. The carrier has already signed up for two leased Airbus A320 aircraft under contact with Air Lease Corporation. Those two jets are expected to arrive at the airline in March and will become the first planes the airline flies.
A new airline is coming to Uzbekistan, and it plans to fly Airbus A320s. Photo: Getty Images
Qanot Sharq Airlines signs for two Airbus A320s
Qanot Sharq Airlines of Uzbekistan has signed up to take two leased Airbus A320 aircraft from Air Lease Corporation. The first two aircraft will arrive at the airline in March and are used jets. Qanot Sharq is the first privately owned airline in Uzbekistan.
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Tashkent has promoted privatization schemes before. Is this time different?
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February 12, 2021
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Until recently, investors wishing to purchase stakes in the largest open-pit gold mine in the world, the former KGB building in Tashkent, or the Uzbek Coca-Cola plant would have to contend with a sigh. Now, as part of a highly-publicized privatization program under President Mirziyoyev, stakes in these and other state assets are for sale.
Uzbekistan is slated to fully or partially sell 620 state-owned enterprises, including some of the country’s largest energy and financial firms. Among those to be partially privatized are Uzbekneftegaz, (which contributes 15 percent of the country’s GDP), Navoi Mining and Metallurgical Combine, Uzbekistan Airways, Uzbekistan Railways, and car maker Uzavtosanoat. Over five hundred companies in the chemical, tourism, manufacturing, food and beverage, and finance sectors are planned to be fully privatized.