May 24, 2013

Armavia’s debt to Zvartnots airport estimated at $5,5 mln

Armenian national carrier Armavia’s debt to Zvartnots airport totaled about USD 5,5 mln, deputy manager of Zvartnots said.
Dwelling on Armenian government’s lawsuit against the airline company, Andranik Shkhyan said the airport is ready to join the initiative to get back the money.
Armenian government filed a lawsuit against Armenian national carrier Armavia. Finance Minister David Sargsyan linked the step with the collection of air taxes. He further noted that lawsuits were filed by other lenders, too, with no final review of the airline's commitment to the state made yet.
Armavia resolved to cease operations from April 1, 2013.


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