Mar 16, 2011

Zvartnots airport: Armavia violates debt repayment terms

“Armenia” International Airports” CJSC is concerned about the increase of the amount of debt accumulated by Armavia air company for three months. It is also worrying when the air company constantly violates the schedule for the payment of the debts established itself, airport’s press service informed Armenian
As for the aviation fuel tariffs let us note that “Armenia” International Airports” CJSC purchases the aviation fuel  from Mika Limited company belonging to the shareholder of the air company and the fuel sale price is defined in accordance with the formula stipulated by the RA State Committee on the Protection of Economic Competitiveness. The payment for the fuel is done by “Armenia” International Airports” CJSC on the moment of receiving the fuel on the same day, without any delays, reads the statement.
“Armenia” International Airports” CJSC is sorry for the inconveniences caused to the passengers by the air company and hopes that the national air carrier will undertake prompt measures for improving the situation by timely fulfilling the undertaken obligations.
Earlier today Armavia air company suspended several flights in protest against high prices for airport services.


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