Bulgarian international flights in 2022 have reached 74.8% of the 2019 level. This was announced by the Bulgarian Airlines Association Chair Svetoslav Stanulov at a press conference, at which an aviation market analysis was presented.
There are 19 air carriers with a valid operating licence as of the end of 2022. Currently most of the Bulgarian airlines' aircraft operate in other markets. Due to a shortage of staff, about 10% of pilots in Bulgarian airlines are foreigners. The trend of a decrease in the number of charter flights to Bulgaria continues, one of the reasons being the expansion of low-cost carriers.
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
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