ARMAVIA DOES NOT HAVE FINANCIAL MEANS TO KEEP NATIONAL AIR CARRIER STATUS: ARTYOM MOVSISYAN
14:50, 28 March, 2013
YEREVAN, MARCH 28, ARMENPRESS: “Armavia” air company currently does not
possess necessary financial means to postpone and commit obligations
undertaken by the state. As Armenpress reports, Artyom Movsisyan, Head
of Armenia’s General Department of Civil Aviation told the reporters,
“I think, a final decision will be made in the nearest future. The
agreement expires on April 22 and let us hope a final decision will
be made by that scheduled time. Currently an intensive discussion
is ongoing in the Government; civil aviation is not the single body
responsible to make a decision”.
As Armenpress reports, Head of Armenia’s General Department of Civil
Aviation, does not rule out “Armavia” will not be declared “bankrupt”
due to the debts. Talks are already underway for a few months refer to
“Armavia” purchase. The company has declared negotiations are being
launched with Italian and foreign organizations.
From: Baghdasarian
Disclaimer: This article was contributed and translated into English by Baghdasarian Karlen. 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.
Direct link to this article: https://www.armenianclub.com/2013/03/28/armavia-does-not-have-financial-means-to-keep-national-air-carrier-s/