Armenian national airline carrier’s owner is selling company? – newspaper

Hraparak daily reports that it received information on Tuesday that Armenia’s national carrier Armavia Airline Company’s owner Mika Baghdasarov is selling the Company to an Italian company.  
“It is not yet clear which shares [of Armavia] this is about, but he recently brought the Italians to his office and introduced them to his staff.
[And] His adviser Zhasmen Vilyan said: ‘I wouldn’t say [the Company] is completely sold, but Baghdasarov never ruled out [the possibility that] he could sell the Company at some point. Overall, he has a policy of developing an unknown company and selling [it],’” Hraparak writes.

Source:  news.am

Armavia sold out to Italians?

Hraparak daily was informed on Tuesday that Mikhail Baghdasarov plans to sell Armavia Air Company to some Italian company. The volume of shares to be sold is not yet specified, but it is reported that Baghdasarov brought the Italians to his office and introduced them to the staff.

Baghdasarov’s adviser, Jasmine Vilyan, said to the daily, “I would not say that the company is totally sold out, but Baghdasarov never ruled out the possibility that he can sell the company at some moment.”

Source: aysor.am

The rumors are confirmed: ''Armavia'' will be sold

Owner of the Armenian national aviation company ''Armavia'' Mikhail Baghdasarov intends to sell his company. Armenian media representatives have spread this information and the press service of the company confirmed it.
''Yes, there are such plans. But there is no final decision if the Italians will be the buyers or not'', speaker of the ''Armavia'' Nana Avetisova told Tert.am.
''It is well-known fact that the world aviation has been in financial crisis for already three years and nearly all comanies work without profit'', she said.
Answering to the question by Panorama.am which part of the company will be sold N. Avetisova said that nothing exactly is known now and she could not publish a name of any company.

Source: times.am

Strategic Sellout: News of national air carrier’s purchase by foreign company raises concerns in Armenia

Armenia’s national air carrier Armavia will soon have a new foreign owner, which, according to some experts, is “dangerous and unadvisable” from the national security point of view.

Armavia’s current owner Mikhail Bagdasarov confirmed the information about the airline’s sale, saying that at the moment there are two main likely buyers – one of them is an Italian company, the country of origin of the other likely buyer is not mentioned yet.

In the last year or so Armavia has been on the verge of bankruptcy and the Zvartnots international airport on several occasions had to discontinue servicing the airline’s regular flights, which created inconveniences for air passengers.

Armavia officials said still in 2010 that the company was working in very unfavorable conditions imposed by the consequences of the global economic crisis and that the prices for services set by the Zvartnots were rather high.

According to Armavia, Zvartnots charges about 20 euros per passenger for its services, while in Georgia, for example, the country’s national air carrier enjoys a discount and pays a fee of only 4 euros per passenger and Armavia there pays 12 euros.

The sellout of another strategic facility of Armenia to a foreign company has raised more concerns in the country that already has its major strategic sectors (such as railway, communications, electricity and gas, water supply) owned or run by foreign companies, mostly from Russia.

Political analyst Hrant Melik-Shahnazaryan described it as regrettable that Armenia is losing control of another strategic direction.

“I have always been against the sale of strategically important sectors of the economy to foreign companies. Gaps in the legislation should be revisited so that the state should remain in control [of such sectors]. Otherwise, it will always involve risks,” he told ArmeniaNow.

Management expert Harutyun Mesrobyan, too, believes that “the sale of a strategic sector is dangerous from the point of view of national security”, but he stresses that Armavia has never been a ‘truly national’ air carrier.

“What is given to oligarchs’ control cannot be national, because the top priority for oligarchs is to rake in excessive profits,” Mesrobyan told ArmeniaNow. “It was for these excessive profits that Armavia worked outside the competitive field.”

Mesrobyan also stressed that in any case in strategic industries the government should either share in the capital or have control instituted by law.

“But since we are not a ‘national’ state, since oligarchs and ‘the national’ are incompatible, it is pointless to talk about any progress in the oligarchy-based economy,” Mesrobyan concluded.

Source: armenianow.com

Armavia air company may be sold to Italian firm – paper

According to a source, the owner of Armavia Mikhail Baghdasarov plans to sell the air company to an Italian firm, Hraparak daily reported.  Though no info on exact part of the shared to be sold was revealed, recently, Baghdasaro took the representatives of the Italian firm on a tour of the comnay headquarters.  As Baghdasarov adviser Zhasmen Vilyan noted, “I wouldn’t say the company is fully sold. However, Baghdasarov never ruled out plans to sell it at one point, his policy being to boost some minor company to the point it can be sold at a profit.

Source: panarmenian.net

National air carrier Armavia on sale

National air carrier Armavia Company is going to be sold. Armavia company press secretary Nana Avetisyan confirmed the news being circulated for quite a long time. ''Yet  it is not clear who is going to purchase the company, Italians or somebody else: many wish to buy the Company ''Avetisyan stated.
 Armavia selling can be reasoned by not being profitable under critical circumstances.
Armavia and Zvartnots international airports have signed agreement on March 15, 2011, in accordance to which the airport agreed to meet "Armavia" requirement, particularly reviewing the service tariffs. Armavia in its turn committed to stand the accumulated debts by September accordingly to the schedule timetable . Armavia accumulated 5, 3 million dollar within 6 months.

Source: armenpress.am

Mikhail Baghdasarov negotiates sale of Armavia Air Company

Armavia Air Company owner Mikhail Baghdasarov negotiates the company’s sale. Nana Avetisova, a spokesperson for the company, confirmed this information to Panorama.am. However, she did not specify the volume of shares to be sold.  Armenian media reports say Armavia Air Company will be sold out to Italians.  Mrs Avetisova noted that there is no final decision yet as to whom to sell the company to.  “There are some companies that want to buy Armavia. I cannot tell you whether their number is large or small, but I can say that we have choice and alternative to select among them.”  Armavia Air Company frequently has financial problems with Zvartnots Airport, as a result of which Zvartnots refuses to operate Armavia flights.

Source: panorama.am

Armavia resumes regular flights to Frankfurt

Armenia’s national carrier Armavia will resume regular flights to Germany’s Frankfurt city starting October 30, 2012.  Run by transport company Fraport, Frankfurt Airport is by far the busiest airport by passenger traffic in Germany, the third busiest in Europe (after London Heathrow Airport and Paris-Charles de Gaulle Airport) and the ninth busiest worldwide in 2011.  “Yerevan- Frankfurt-Yerevan flights will operate once a week, on Tuesdays,” the air company’s press service reported.

Source: panarmenian.net

Zvartnots airport continues services to Armavia air company

Zvartnots airport continues services to Armavia air company on September 24, airport spokesman said.  As Gevorg Abrahamyan told a PanARMENIAN.Net reporter, the company paid part of debts to the airport.  Zvartnots airport suspended services to Armavia air company on September 19 over the latter’s debts. However, Armavia was allowed to continue flights to save passengers the inconvenience until September 24.

Source: panarmenian.net

Armavia given time to repay the debt because of Independence Day

Although Armavia air company did not repay the debt on Thursday,  “Armenia” International Airports CJSC, taking into account the interests of its customers and the upcoming Independence Day, decided to resume serving Armavia flights staring from 6 p.m., the company said in a press statement.
As reported earlier, Armavia-Zvartnots conflict continues for several months. Earlier Zvartnots suspended the flights because of air company’s debts but then the sides started talks and seemed to reach an agreement.
Owner of Armavia Mikhail Baghdasarov said the company will go into bankruptcy and shut down unless Zvartnots Airport changes its price policy.
“Unless we come to an agreement we will declare bankruptcy, return the air-tickets, sell the airplanes and settle the debts,” said Baghdasarov.

Source: news.am

Armavia fails to pay debts to Zvartnots in time over past non-working days

Armavia air company failed to pay its debts to Zvartnots airport in time over the past non-working days, Armavia’s statement reads.
“It will be possible only within 2-3 days. It comes as a warning from the airport. On the eve of upcoming holidays, the airport wants Armavia to make a prepayment, which is not possible, either. It’s incorrect to issue such warnings to Armavia through flight delays and causing inconvenience for passengers) on the eve of Armenia’s Independence Day,” the company’s statement reads.
Zvartnots airport has suspended services to Armavia air company over the latter’s debts. However, Armavia was allowed to continue September 19 flights to save passengers the inconvenience.
On the morning of September 20, Zvartnots services to Armavia were halted.
As Zvartnots press-service told a PanARMENIAN.Net reporter, Armavia’s debt to the airport has further increased, with many previous instances of flights halted over the air company’s debts.

Source: panarmenian.net

,,Armavia” to restore flights to Aleppo

National air carrier "Armavia" company is to restore regular flights to Aleppo on September 10. Nana Avetisova, the press secretary of the company, noted in her interview with Armenpress that Syrian Armenain children who have been on holidays in Armenia will return to Aleppo on additional flight on September 9. Flights to Aleppo have been temporarily suspended beginning from September 2. : National air carrier "Armavia" company did several additional flights to Aleppo, due to the critical situation in Syria.
Chief of Staff of the Ministry of Diaspora, the head of the working group dealing with Syrian problems Firdus Zakaryan informed Armenpress that more than hundred children will leave Armenia on additional flights.   

Source: armenpress.am

Armavia ceases flights to Aleppo

Since today, Armavia Air Company ceases its flights to Aleppo.

“The reason is the threat of the Syrian opposition and the lack of communication with Syria. In this way the security of the passengers is guaranteed,” the statement of the Air Company reads.

Source: aysor.am

Armavia cancels flights to Syria’s Aleppo

Armenian national carrier Armavia has canceled Yerevan-Aleppo-Yerevan flights.
As the company’s spokesperson Nana Avetisova told a PanARMENIAN.Net reporter, the decision was taken due to the deteriorating situation in Syria, as the airports in Aleppo and Damascus “can be targeted by rebels.”

Source: panarmenian.net

Armavia cannot reject second Sukhoi SuperJet

Armenian national carrier Armavia cannot reject the second Sukhoi SuperJet (SSJ), without having paid for the first one, official representative of the Civil Jets Sukhoi (CJS) Andrey Muravyev told Armenian News-NEWS.am. He confirmed reports spread by the Russian outlets that Armavia owes the CJS $4 million for the first SSJ, currently the jet is at the CJS for examination. Everything depends on Armavia, if the company pays for the jet, it will come to Armenia.
Besides, the debt for the first jet hampers rejection from the second jet, as the contract was concluded for two jets at once.
In response to the question about the price for the first jet, Muravyev said it made about $25-26 million. Whereas Armavia has concluded a contract with the BTB-Armenia bank in the amount of $55-60 million for purchasing the two jest.

Source: news.am

Armavia refuses to take back repaired Sukhoi Superjet 100 plane

Armavia Armenian airline company has refused to take back repaired Sukhoi Superjet 100 aircraft. The company currently owns two SSJ planes.
“We haven’t issued any official statements. We find having the repaired aircraft back inappropriate,” the company’s press service reported.
Earlier, Sukhoi Civil Aircraft CJSC noted that Armenian Air Company is reluctant to pay off its debts for aircraft maintenance. According to the company’s representative Andrey Muraviev, “Armavia” SSJ is currently in Zhukovsky flight test center.

Source: panarmenian.net

Armavia gives Superjet-100 the boot

The first customer of the Sukhoi Superjet-100 airliner has decided it’s no longer going to fly the type. Armenian airline Armavia became the launch customer of the 100 seat aircraft taking delivery of a plane in 2011.
Armavia has refused to go through with the purchase of a second plane, and both are now at the Sukhoi civil aircraft test facility in Zhukovsky outside Moscow.
The RBC daily quotes the plane maker’s spokesman Andrei Muraviev, “So far we haven’t received any official request to cancel the purchase. We are trying to resolve all issues arising in relations with Armavia.”
Another source familiar with the situation told the newspaper that Armavia owes Sukhoi money for servicing of the first plane and refuses to pay.  Armavia reportedly used a loan from an Armenian bank to acquire the plane.
Sukhoi Civil Aircraft has reportedly already offered to restructure the deal with the Armenian airline, and arrange delivery of both Sukhoi aircrafts through a leasing company.

"The plane is not bad, but not perfect. Airbuses and Boeings fly 330-350 hours per month, while the Sukhoi spent only 150 hours flying, " RBC daily quotes a source close to Armavia. “The last straw was it spent four days clearing customs in Russia to have a two-day service. But Armavia warned Sukhoi in July that it will under no circumstances use the plane” says the source. “Armavia is a small company and cannot afford experimenting and Sukhoi has already returned the money paid for the plane excluding the $1 million servicing fee,” concludes the source.
Armavia started operating the first Sukhoi Superjet plane in April 2011. The second plane was expected to be handed to the carrier last year, but it delayed delivery. In early July 2012 representatives of the Armenian airline said the airline had decided to give up the second Sukhoi  SuperJet to buy aircraft from Boeing and Airbus, which offer cheaper servicing and spare parts.
According to Armavia President Mikhail Bagdasarov, Russia has also not worked out a scheme of financing the supply of equipment to foreign companies by providing government guarantees such as lower rates for loans.
Branded as the first civilian aircraft developed from scratch in modern Russia, the SSJ-100 consists of more than 60% internationally produced components. Sukhoi however claims the jet has relatively low service costs and a fuel consumption advantage over its competitors, which would potentially bring Sukhoi new contracts, particularly after the Russian Accounting Chamber reported that the Sukhoi project has been severely underfunded through state-run programs.
Another headache is that commercial loans cannot fill in the gap as the manufacturer, Sukhoi Civil Aircraft, has too large a debt portfolio to take any out. In 2003-2010, the federal government spent a total of $518 million on the SSJ-100 project through the aircraft development program, while Sukhoi drew another $842 million in off-budget investment. This means that more than $1.3 billion has already been spent on the SSJ-100, and is more than it was spent on the development of similar jets by Canada’s Bombardier and Brazil’s Embraer which required around $600 million each, and $100 million spent on the Tupolev TU-334 since 1992.
The Sukhoi Superjet-100 has suffered a series of setbacks in the past few months after a tragic crash during a demonstration flight in Indonesia on May 9 that killed 45 people on board. The crash, however, was attributed to human error.
A Sukhoi Superjet-100 airliner with 64 passengers and six crew members on board had to make an emergency landing at Sheremetyevo Airport last week due to a technical problem, RIA-Novosti reported on Friday.
At the recent Farnborough Air Show, many potential customers were reluctant to commit after the Indonesian accident, suspending orders until the results of the investigation are announced.  Sukhoi did not conclude any contracts, only announcing that Mexico’s Interjet’s option has been turned into an order, and that the company plans to bring the number of jets on its portfolio to 210 over the next few months, signing contracts with three Asian airlines.

Source: rt.com

50 Syrians arrive in Armenian capital on Armavia plane

Armavia air company operated an additional Yerevan-Aleppo-Yerevan flight at 2:1 pm local time on August 2 despite its unprofitability.
According to the company’s press service, Yerevan- Aleppo flight operated without passengers.
The number of passengers arriving in Armenian capital from Aleppo totaled 50, Armavia press service told PanARMENIANNet.
SAG-200 50-seat plane was operating Yerevan-Aleppo-Yerevan flight.

Source: panarmenian.net

“Armavia” implemented Yerevan-Aleppo the first additional flight

Armenian national air carrier “Armavia” company on August 2 at 14:01 o’clock implemented Yerevan-Aleppo-Yerevan the first additional flight. Armenpress was informed from press service of the company that the airplane from Yerevan to Aleppo left without passengers because of absence of demand. It is planned that the airplane from Aleppo will arrive in Yerevan at 18:25 o’clock.
The flight was implemented by SAG-200 airplane which has 50 seats. The number of passengers at situation of 16:00 was 47 people. “Armavia implemented the flight staying loyal to his word despite the non-profitability of the flight” is said in the massage spread by the company.
The first additional flight was planned on August 1 by plane Boing with 108 seats but because of the absence of the passengers did not take place.

Source: armenpress.am

August 1 Arvamia flight to Aleppo cancelled over lack of passengers

August 1 Armavia air company‘s Yerevan-Aleppo-Yerevan flight was cancelled over lack of passengers.
According to Armavia, the air company is ready to operate an additional flight in case of necessity.

Source: panarmenian.net

Armavia plane repaired fully after bird appeared in turbine engine

The Armavia has mitigated the consequences of the incident when a bird appeared in the engine turbine of the plane, the company representative told Armenian News-NEWS.am.
The Armenian national carrier said the plane was repaired and scheduled flights were restored.
As reported earlier, the Armavia national carrier postponed all the flights because of a bird on Monday. When one of the Armavia jets was landing in the noon at the Zvartnots international airport, a bird appeared in the engine turbine and brought forward serious damages.

Source: news.am

“Armavia” to launch extra flights to Syria

“Armavia” company starts additioanl flights to Syria. “Armenpress” was informed by the Airline News Service that Yerevan-Aleppo-Yerevan additional flights are scheduled to be implemented since August 1.
“Despite the clashes in Syria, particularly in the city of Aleppo, the national air carrier “Armavia” air company demonstrating patriotism, lends a friendly hand to the Syrian Armenians in order to bring them out of war zone”, reads the statement made by the company.
Additional flights are planned to be carried out also on August 8, 15, 22 and 29. The flights will be implemented by “Boeing” aircraft with 108 seats.

Source: armenpress.am

‘’Armavia’’ Air Company to continue its flights to Syria

Regardless the international   persuasions and current dangers pertain to flights of Syria, ‘’Armavia’’ Air Company is going to carry out its  flights , as well as is intended to open additional flights by the support of Armenian Government. Armenpress  reports citing official announcement provided by National Air Carrier. 

‘’Armavia’’ considers necessary to allocate appropriate assistance to our foreign compatriots.  The Company already has experience in the transportation of passengers, registered particularly in the course of Lebanese conflict.

 16 months ongoing clashes resulted in the death of 7 thousand 192 people, according to the Syrian Human Rights Organization . The Arab media reports that among the dead11 thousand 897 were peaceful civilians, and 4348 were security officers. Among the victims there were 7 Armenians, 2 of which were the Syrian Army militaries. The Syrian riots make the Syrians leave the country appearing in other countries as refugees. Recently the Armenian community representatives also leave the country. The refugee status or asylum applications from Syria are considered in an accelerated procedure, at least ten days.

 

Source: armenpress.am

Armavia ready to operate two flights to Syria a week

Armenian national carrier Armavia Company has declared it is ready to operate two flights a week to Syria with the support of the Armenian Government and the Ministry of Diaspora.  The company informs that in this case the air tickets will be almost free, as it was the case with Libya a few years ago.  

Source: armradio.am

Armavia is ready to assist the repatriating Syrian-Armenians

The Armenian Ministry of Diaspora applied to the “Armavia” company asking to make available a second flight per week with Aleppo-Yerevan direction . Chief of Media and Public Relations Department of the Ministry Tevos Nersisyan informed Armenpress, that the time of flight launching is not clear enough.
Chief of Public Relations Department of “Armavia” Anahit Aivazyan gave an informatin to Armenpress, that the national air carrier and the Armenian Government are still negotiating. The company will make an announcement soon regarding the flight details.
On July 26 the Armenian Government made a modification in a decision, according to which Armenians from Syria and Lebanon, in the case of obtaining the Armenian citizenship, could get their passports from Armenian diplomatic representations. According to another decision, the Executive Body confirmed that Armenian foreign citizens could have an opportunity to obtain an Armenian visa in the checkpoints of the Armenian border.

Source: armenpress.am

Armenian activists held a protest action in front of “Armavia” office

Today a group of activists held a protest action in front of the general office of “Armavia” aviation-company in Yerevan. The participants of the protest action claim the company must overview preices of the flight Yerevan-Aleppo-Yerevan.
Civilian activist Nvard Manasyan applied to “Armavia” and especially said:
“We have borne for many years in order to have just one national aviation server. Now “Armavia” completely failed in its title as national. Now Armenians in Syria have problems and are unable to reach Armenia, but the so-called national company makes money using the tragedy of the people. We call on you to realize what “national” is and as you are protected from the equal competition we call on you to act for the nation. If you are now unable to prove that you are national, so we do not need you at all. If we have other problems in future we will not need you at all. Why are you called national? When you see the situation in Syria and the condition of Armenians in Syria you must show humanitarian attitude. Where is your social responsibility? We have a real problem today and if you are unable to settle it so throw away your title “national” and just be an aviation company and participate in the international competition equally”.
Another activist, Apres Zohrabyan, considers that “Armavia” is just cheating when it says that the ticket seller company has raised the price.
“Armenia has suffered many difficult moments. We have seen earthquake, collapse of economy and just it these hard days we had support by the Armenians in Diaspora and especially by the Armenians in Syria. And if we now let “Armavia” act in such way, it will be ingratitude by us. “Armavia” is the only company in Armenia which reacted to the Syrian events and thought that this is a good opportunity to gain money”, A. Zohrabyan says.
Note that more and more Armenians in Syria want to leave Syria and return to Motherland now. This aim is connected with the strained situation in Syria. And “Armavia” company has raised the prices of the tickets for Yerevan-Aleppo-Yerevan flight.

Source: times.am

Armavia deems speculations over Aleppo-Yerevan air tickets possible

Armavia Armenian airline company has officially denied the Syrians’ statement on the alleged letter the company received from RA Ministry of Diaspora.
“Dwelling on the rumors regarding the high ticket prices for Aleppo-Yerevan route, Armavia assesses the information as false,” according to the company’s press service.
Armavia’s message further named aircraft provision (a special expensive aircraft was purchased for the purpose), passenger service and transportation among the company’s goals.
In the message, Armenian national airline offers to address all issues related to the price and sale of tickets for Aleppo-Yerevan-Aleppo route to Syrian agents in charge of them. Air tickets for Aleppo-Yerevan route have been sold out until for the late August, which doesn’t rule out speculations.
“Special programs should be implemented in the given case. Armavia air company exercises no other rights and privileges besides its direct obligations,” the message reads.

Source: panarmenian.net

Armavia has not raised the ticket prices

Armenian national airways Armavia airline has not raised the ticket prices. As Armavia airline company informed Armenpress, there are no significant changes concerning to the departing aircraft charges in the course of the last two months.
The increase was  within 2000-5000 AMD, resulted by euro exchange rate fluctuations air company   commercial department informed. The flights to Moscow, Krasnodar, Simferopol, and Barcelona prevail among the frequently travelled directions. No ticket price rising is recorded pertain to these directions.
Armavia has denied circulating rumors on the increase of Syria-Armenia flights and that  resultantly   our compatriots prefer coming Homeland by transit ways.
Currently Aleppo-Yerevan flight ticket costs 118 600 up to 210 300 AMD. Weekly one flight is implemented on Mondays.
Armavia has suspended its flights to Syria during several months, clarifying with the interstate complicated situation in Syria.
Yerevan-Aleppo flights were reopened on July 9.

Source: armenpress.am

Armavia Airlines Resumes Syria Flights

An Armavia plane flew to Aleppo, Syria’s largest city, on Monday and returned to Yerevan the following day for the first time in nearly four months.
The company suspended the flight service in March, citing the worsening security situation. Air communication between the two countries has been carried out only by the Syrian Air airline since then. Its Yerevan-Aleppo flights have been fully booked until September, a fact that led to calls for Armavia to enable more Syrian Armenians to take refuge in their country of ancestors.
The Armenian carrier said late last month that it has decided to resume the weekly service at the request of His Holiness Karekin II, Catholicos of All Armenians. The airline spokeswoman, Nana Avetisova, said on Wednesday that all 104 tickets for its first July flight from Aleppo were quickly sold. Avetisova denied reports that Armavia has sharply raised the ticket prices.
Hundreds of Syrian Armenians are believed to have moved to Armenia in recent months. According to immigration authorities in Yerevan, about 3,000 of them applied for Armenian citizenship last year and another 2,700 in the first five months of this year.
Garbis Arabaltian, a middle-aged hairdresser from Aleppo, was among 320 people who arrived in Yerevan on a Syrian Air flight early on Wednesday. He was greeted at the Zvartnots airport by his teenage son, who migrated to Armenia two months ago and has already found a job at a Yerevan hotel. “It’s better to be in the homeland,” said the young man.
Arabaltian said his wife and younger son will join them soon. “My wife had a real ordeal last week,” he told RFE/RL’s Armenian service (Azatutyun.am).  “She was at a clinic where [armed men] terrorized a doctor.”
“Things are very tense,” said one woman. “We don’t know what will happen next. For example, there was an explosion yesterday. Everyone was shocked but fortunately … nobody was hurt.”
Not all arriving Syrian Armenians have decided to relocate to Armenia on a permanent basis. Some of them said they plan to stay in the country for several months and monitor further developments at home.
“This is our third trip to Armenia this year,” said one man who arrived at Zvartnots with his family. He said he will fly back to Aleppo later this month and will be joined by his wife and children in September.
He said the turmoil in Syria is not the only reason why they travelled to Armenia. “There is a desire to come to Armenia and this situation is helping us to do that. We also have [Armenian] identity and own a home here,” he explained.

Source: asbarez.com

“Armavia” to get Airbus and Boeing types of aircraft

“Armavia” airlines representatives met the ones of “Airbus” and “Boeing” companies in the Great Britain aviasalon, after which the national run airline has decided to acquire “Airbus” and “Boeing” types of each aircraft.
As “Armavia” airlines spokeswoman Nana Avetisova  stated  in the interview with “Armenpress”, the transaction details are kept confidential and will be known only after the end of the aviasalon. Earlier, the “Armavia” company refused the intention of acquiring another aircraft from “Sukhoi” company. The mass media speculates the information  that  the Compnay's unstable financial condition resulted in the refusal of  the deal .
The Armenian airlines signed a contract with the “Sukhoi” company on acquiring two aircraft. The first supjet was delivered to “Armavia” on April 19 ,2011 : the second one should be already achieved this month.The Russian newest aircraft currently operate only two airlines – “Aeroflot” and “Armavia”.

Source: armenpress.am