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Economics

Uzbekistan Airways losing $120 million in revenue due to inefficiencies – Shavkat Mirziyoyev

President Shavkat Mirziyoyev has said Uzbekistan Airways is losing nearly $120 million in annual revenue because of inefficient route planning, infrequent flight schedules, delays and a lack of competition in catering and aircraft maintenance services.

At a government meeting held on July 21, President Shavkat Mirziyoyev stated that Uzbekistan Airways is losing approximately $120 million in annual revenue due to operational

uzbekistan economyuzbekistan airwaysstate-owned enterprisesprivatizationeconomic efficiencyproduction costsfranklin templetonmarket value

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