Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Azerbaijan Airlines flight was downed by Russian air defence system, four sources say
    Finance

    Azerbaijan Airlines flight was downed by Russian air defence system, four sources say

    Azerbaijan Airlines flight was downed by Russian air defence system, four sources say

    Published by Global Banking and Finance Review

    Posted on December 26, 2024

    Featured image for article about Finance

    By Nailia Bagirova

    BAKU (Reuters) - An Azerbaijan Airlines flight that crashed in Kazakhstan on Wednesday was downed by a Russian air defence system, four sources in Azerbaijan with knowledge of the investigation told Reuters.

    An Embraer passenger jet crashed near the city of Aktau in Kazakhstan on Wednesday, killing 38 people, after diverting from an area of Russia in which Moscow has used air defence systems against Ukrainian drone strikes in recent months.

    Azerbaijan Airlines flight J2-8243 had flown hundreds of miles off its scheduled route from Azerbaijan's Baku to Grozny, in Russia's Chechnya, to crash on the opposite shore of the Caspian Sea, after what Russia's aviation watchdog said was an emergency that may have been caused by a bird strike.

    Officials did not immediately explain why it had crossed the sea, but the crash came after Ukrainian drone strikes this month hit the Chechnya region of southern Russia. The nearest Russian airport on the plane's flight path was closed on Wednesday morning.

    Russian, Azerbaijani and Kazakhstani officials have all called for investigations into the crash.

    (Reporting by Nailia Bagirova; Writing by Felix Light Editing by Andrew Heavens)

    Related Posts
    Italy's Nexi rejects TPG offer for digital banking assets
    Italy's Nexi rejects TPG offer for digital banking assets
    Exclusive-Starbucks supplier Cuisine Solutions hires Morgan Stanley and Rothschild for potential sale, sources say
    Exclusive-Starbucks supplier Cuisine Solutions hires Morgan Stanley and Rothschild for potential sale, sources say
    Hogan Lovells and Cadwalader plan merger to create law firm with $3.6 billion in revenue
    Hogan Lovells and Cadwalader plan merger to create law firm with $3.6 billion in revenue
    Pirelli says 99.3% of 500 million euro bond converted, diluting Sinochem and Camfin stakes
    Pirelli says 99.3% of 500 million euro bond converted, diluting Sinochem and Camfin stakes
    ECB policymakers see steady rates next year but cut not off table, sources say
    ECB policymakers see steady rates next year but cut not off table, sources say
    Britain names Christian Turner as ambassador to the US
    Britain names Christian Turner as ambassador to the US
    Trump administration imposes sanctions on two more ICC judges
    Trump administration imposes sanctions on two more ICC judges
    Norway reaches 2026 fisheries agreement with Russia, cod quota at lowest level since 1991
    Norway reaches 2026 fisheries agreement with Russia, cod quota at lowest level since 1991
    Ukraine-US fund approves investment policies as it eyes first projects in 2026
    Ukraine-US fund approves investment policies as it eyes first projects in 2026
    VW management to continue cost cutting
    VW management to continue cost cutting
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    Italy economy minister denies interfering in MPS's bid for Mediobanca
    Italy economy minister denies interfering in MPS's bid for Mediobanca

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostMoldova’s parliament passes 2025 budget with deficit at 4% of GDP
    Next Finance PostNATO calls for full investigation of Azerbaijan Airlines crash

    More from Finance

    Explore more articles in the Finance category

    Eni and BlackRock's GIP take joint control of carbon capture unit

    Eni and BlackRock's GIP take joint control of carbon capture unit

    Bank of England's Bailey sees inflation near 2% target by May

    Bank of England's Bailey sees inflation near 2% target by May

    Italian judge drops Genoa dam case against Webuild CEO

    Italian judge drops Genoa dam case against Webuild CEO

    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine

    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine

    ECB keeps rates unchanged, turns more positive on economy

    ECB keeps rates unchanged, turns more positive on economy

    Austria's top court rules Meta's ad model illegal, orders overhaul of user data practices in EU

    Austria's top court rules Meta's ad model illegal, orders overhaul of user data practices in EU

    Salzgitter takes legal action against Thyssenkrupp over HKM joint venture

    Salzgitter takes legal action against Thyssenkrupp over HKM joint venture

    Lovable valued at $6.6 billion in latest funding round as AI coding demand surges

    Lovable valued at $6.6 billion in latest funding round as AI coding demand surges

    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Britain imposes more sanctions on Russia's energy sector

    Britain imposes more sanctions on Russia's energy sector

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    Equals Money | Railsr partners with Okta to secure AI-driven payments

    Equals Money | Railsr partners with Okta to secure AI-driven payments

    View All Finance Posts