Baghdasarov Is Considering To Finish The Sale Of "Armavia" In The Co

BAGHDASAROV IS CONSIDERING TO FINISH THE SALE OF “ARMAVIA” IN THE COMING WEEKS

12:03, 23 November, 2012

YEREVAN, NOVEMBER 23, ARMENPRESS. The owner of “Armavia” National
Airlines Mikhail Baghdasarov is considering finishing the sale
of the company in the upcoming 2-3 weeks. As reports “Armenpress”
Baghdasarov has announced this in the interview to RBK daily. Among
other things Mikhail Baghdasarov emphasized two main reasons, which
served as the basis for selling the company. According to Mikhail
Baghdasarov the main reason is the economic crisis. As to the second
reason Baghdasarov underlined the damage of the company, which arouse
from the exploitation of the new Russian plane SuperJet.

Baghdasarov stated: “There is nobody from the Russian Federation,
who would like to buy the company, but among the potential buyers
there are Italians and businessmen from the East as well.”

At the same time the official representative of the CJSC Sukhoi Civil
Aircraft announced that in accordance with the agreement “Armavia”
will continue paying off the debt for SuperJet in frames of the
present leasing relations of the two companies.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS