Jun 25, 2013

Armavia airline employees demand back wages

Employees of Armavia, an airline that declared bankruptcy, staged a protest today, demanding that their back wages be paid.
Protesters said about 150 employees of Armavia have not been paid for 5-7 months, whereas others left Armenia and were employed by other airlines. They added that they intend to apply to court and are ready to go on hunger strike and hold sit-ins.

Source: aysor.am

Jun 13, 2013

Armavia's "air tax" debts reached AMD 5 billion 400 million

The "air tax" liability of "Armavia" Airlines reaches AMD 5 billion 400 million. The Minister of Finance of the Republic of Armenia Davit Sargsyan stated this at the course of the June 12 session of the National Assembly of the Republic of Armenia, while answering the question of the Deputy from "Rule of Law" fraction Hovhannes Margaryan.
As reports "Armenpress" among other things the Minister of Finance of the Republic of Armenia Davit Sargsyan underscored: "The "air tax" has been included in the cost of the tickets since 2009, and in accordance with the report introduced by the Chief Department of Civil Aviation, AMD 9,5 billion state taxes have been put on the list."
Armenia's national air carrier "Armavia" has made a decision to suspend the flights starting from April 1, 2013. The air company informed Armenpress that during the last three years the owner of the company implemented funds from other enterprises belonging to him aimed at the development of the Air Company. The situation became very complicated and hence, a decision was made to suspend all the flights and start the bankruptcy procedure.

Source: armenpress.am