Dec 1, 2012

Armavia's rating has been stopped

The Central Bank of the Republic of Armenia has stopped rating of LLC "Armavia" Airlines on the initiative of the company. The Central Bank of Armenia informed "Armenpress" that the Central Bank of the Republic of Armenia has also stopped rating of LLC “Valletta” on the Initiative of the company. The previous rating was "G-", which was granted in 25.02.2011.
The Armavia company was established in 1996, but commercial flights to Russia and Turkey only started in 2001. It is the Armenia's flag carrier with its head office on the grounds of Zvartnots International Airport in Zvartnots, Armenia, near Yerevan. It operates international passenger services from Yerevan to destinations in Europe and Asia. Its main base is Zvartnots International Airport.

Source: armenpress.am

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