ZHAMANAK: COMPANY THAT PURCHASED AIR ARMENIA’S SHARES HAS FINANCIAL PROBLEMS

11:26 11/03/2015 >> DAILY PRESS

The company that purchased shares of Air Armenia airline has financial
problems. The air company is unlikely to resume flights in late March,
Zhamanak writes.

The English company East Prospect Fund has bought 49 percent of
the shares of Air Armenia. According to the newspaper, this company
planned to make investments after concluding a big transaction. But
it failed to carry out this transaction and therefore was unable to
make investments.

Source: Panorama.am