ARMAVIA ENDS NEGOTIATIONS WITH ZVARTSNOTS AIRPORT
Vestnik Kavkaza
March 15 2012
Russia
Armavia has ended four-day negotiations with the Yerevani Airport of
Zvartsnots, despite the airport authorities saying they were willing
to fulfill all requests, News Armenia reports.
A press conference will be held at 12 pm.
Armavia was on strike on March 6, protesting against high service
prices at the airport. The strike ended on March 13, renewing flight
service.
Armavia is under congressional management of Zvartsnots Airport. The
air company said that it cannot fly to Russia due to numerous debts.
Rosaviatsiya said that the letter on payments of debts for December
2011 totaling $178,000 until March 20, 2012, allowed flights to
be renewed.
Armavia was formed in 1996. President of MIKA Limited Mikhail
Bagdasarov purchased all shares of the company in 2005. The company
conducts over 100 flights a week in 40 directions and 20 states. The
company exploits Airbus, CRJ, Boeing planes and the Sukhoi Superjet.
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