“ARMAVIA” BANKRUPTCY INTENSIFIES CONCERN ON AIR TICKET PRICES
17:56, 5 April, 2013
YEREVAN, APRIL 5, ARMENPRESS: Air ticket prices have increased after
the suspension of “Armavia” flights. That was confirmed by tourism
agencies. As representatives of Sidon Travel, Nata Tour, Abuacebuc
tourism agencies noted in the interview with Armenpress air ticket
prices had increased for more than AMD 20,000. Prices of tickets
to Moscow and Dubai have increased for AMD 30,000. Tourism agencies
are inclined to believe that price has increased due to suspension of
“Armavia” flights. Tourism agencies don’t exclude that the increase of
flights’ number will bring the prices of tickets to their usual level.
Armenia’s national air carrier “Armavia” air company made a decision
to suspend the flights starting from April 1, 2013. The air company
informed Armenpress that during the last three years the owner of
the company implemented funds from other enterprises belonging to him
aimed at the development of the Air Company. The situation became very
complicated and hence, a decision was made to suspend all the flights
and start the bankruptcy procedure. “Armavia” Air Company expresses
its gratitude to the whole its passengers, whom they worked with for
12 years.
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.
Direct link to this article: https://www.armenianclub.com/2013/04/05/armavia-bankruptcy-intensifies-concern-on-air-ticket-prices/
