Buta Airways is an Azerbaijani low-cost virtual carrier, with its primary operational base at Baku Heydar Aliyev International Airport. It is a fully owned subsidiary of Azerbaijan Airlines.
In December 2016 it was announced that Azerbaijan Airlines would set up its own in-house, low-cost airline named AZALJet. After a year of operation, it was decided that AZALJet would be replaced by a new airline named Buta Airways. The logo of the airline reflects the symbolism of the mythological sacred bird Simurg, represented in the form of the Azerbaijani ornament buta.
Source: Wikipedia November 2018