Oct 19, 2012

Armavia paid part of its debt to Zvartnots airport

Armavia air company has paid the debt due to which Zvartnots airport grounded flights, company representative told Armenian News-NEWS.am.
He said the company paid amount exceeding the permitted level and now there is no reason to suspend flights.
The airport suspended its services rendered to Armavia two days ago. The flights were resumed after the company transferred a certain amount. Earlier Armavia’s debt totaled $3 million 215 thousand. Armavia promised to reduce the debt to $3 million until the end of the day.
The conflict between Armavia and Armenia International Airports continues for several months. Zvartnots had suspended Armavia’s flights a number of times, and for exceeding the limit for outstanding debts, but the parties had come to an agreement as a result of negotiations.

Source: news.am

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