Sep 26, 2012

Armenian national airline carrier’s owner is selling company? – newspaper

Hraparak daily reports that it received information on Tuesday that Armenia’s national carrier Armavia Airline Company’s owner Mika Baghdasarov is selling the Company to an Italian company.  
“It is not yet clear which shares [of Armavia] this is about, but he recently brought the Italians to his office and introduced them to his staff.
[And] His adviser Zhasmen Vilyan said: ‘I wouldn’t say [the Company] is completely sold, but Baghdasarov never ruled out [the possibility that] he could sell the Company at some point. Overall, he has a policy of developing an unknown company and selling [it],’” Hraparak writes.


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