Armavia denies information about its sale

Armenia’s national air carrier, Armavia, considers the widespread news about the sale of the company absurd and announced the company is expanding the geography of flights and continues its normal work.

As Armavia’s spokesperson told Armenpress, the airline is launching Amman and Milan summer flights.

Russian media is awash with reports that Armavia may be sold to former MP Harutyun Pambukyan, who is reportedly ready to offer $55 million for acquiring it from Mikhail Bagdasarov. According to sources, Armavia has serious financial problems and debts.

Armavia is the only Armenia-based airline. Its aircraft fleet includes 11 airplanes. It carries out 100 flights a week in more than 40 destinations.

Source: armenianow.com

Armenia’s national airline company denies news about its sale

Armavia Airline Company is not being sold, Company Press Secretary Nana Avetisova told Armenian News-NEWS.am. 

According to her, the news about Armavia being sold is absurd and, on the contrary, the Company is currently attempting to expand the geographical scope of its flights.   

As Armenian News-NEWS.am informed earlier, the Russian gazeta.ru  website on Monday posted a large article on Russian companies’ desire to purchase the Armavia Airline Company, which is Armenia’s national carrier. And it was even mentioned that the initial business deal price is US$ 55 million.      

To note, former Armenian MP Harutyun Pambukyan was co-owner of the Max Group Company. But according to most recent information, he left the company and, now, he conducts business in Moscow.

And Pambukyan already made a formal offer to Armavia’s owner Mikhail Baghdasarov, gazeta.ru wrote.

Source: news.am

“Armavia” company may be bought by Harutyun Pambukyan

Armenian businessman, former deputy Harutyun Pambukyan wants to buy “Armavia” aviation company from his current owner Mika Baghdasarov. Russian Gazeta.ru has written an article named “Moscow pretends “Armavia””. In the article the news agency refers to its sources and informs that “Armavia” will be sold to the Armenian businessman living in Moscow.
Armenian national aviation-company has some financial problems and “Rosaviation” aims to expand Armenian market for the Russian companies.
According to the source Harutyun Pambukyan has already made the appropriate offer to the “Armavia” owner.
“He offered 55 million USD for the aviation company”, the source informed the news agency but not announce the names of the Russian investors who pretends for the actives.
According to the source the company may be sold till the end of this year.
“Armavia” is the only aviation company in Armenia. The company’s air park consists of 3 Airbus A319, 2 Airbus A320, 2 CRJ-200LR, 1ЯК-42 and 1 Sukhoi Superjet 100. 1 SSJ-100 is expected soon as well.

Source: http://times.am

No sale of Armavia airline – rep

The reports on the sale of Armavia airline to the businessman Harutyun Pambunkyan and a number of Russian businessmen are false.

Armavia Press Secretary Nana Avetisyan refuted the reports as absurd.

She noted that the airline is expanding its flight geography – more flights to Beirut will be made, and a flight to Birmingham has been opened.

Amravia plans to lease an Airbus А320. The airline has also opened new flights, Amman and Milan, for the summer season.

Russian mass media reported that a pool of Russian investors intends to purchase the Armavia airline.

Armavia owner Mikhail Baghdasarov reportedly received a business proposition from Harutyun Pambunkyan, an ex-member of Armenia’s parliament, who is now residing in Moscow. He is reportedly offering $55m for the airline. The airline may be sold by the end of this year, the source reports, without naming the Russian investors.

Source: tert.am

Armenian businessman Harutyun Pambukyan wants to buy Armavia

A businessman, former MP Harutyun Pambukyan wants to buy Armavia airline from its current owner Mikhail Baghdasarov, gazeta.ru says, citing its sources.

The national carrier has serious financial issues while Rosaviatsia wants to expand Armenian market for Russian airlines.

According to the source, Pambukyan has already proposed a deal to the owner. “Together with his Moscow partners, he is offering $55 million for acquiring the airline,” the media reports, without revealing the names of the Russian investors. The source claims the deal may be concluded by the end of the year.

Armavia is the only airline in Armenia.

Source: tert.am

Pambukyan will "Armavia" kaufen

Der Unternehmer Harutyun Pambukyan will mit seinen Kollegen in Moskau die Gesellschaft "Armavia" kaufen. Die Gesellschaft hat ernste Finanzprobleme.
"Pambukyan will mit seinen russischen Kollegen "Armavia" mit 55 Millionen Dollar kaufen", - darüber schreibt Gazeta.ru.

Source: slaq.am