Wednesday, March 14, 2012

Armavia Forgets About Bankruptcy, Promises ‘Busy Summer=?UTF-8?B?4oCZ?=

Armavia airline has reached an agreement with Zvartnots International Airport, according to a statement by the Armenian air carrier. No other details were conveyed by Armavia press secretary Nana Avetisova. And if earlier Armavia owner Mikhail Baghdasarov had announced that the company would file for bankruptcy if Zvartnots didn't reduce its rates by 25%, well a large portion of the statement issued earlier today was devoted to the expanding its flights to new locations. The company is preparing for a “busy summer” and intends to acquire new types of aircraft.

Recall, negotiations between the the airport and the airline on airport tariffs wrapped up yesterday when General Department of Civil Aviation of Armenia press secretary Nelly Cherchinyan informed Epress.am the two parties had reached an agreement. However, Armavia soon issued a statement saying that nothing was clear as the airport had changed its position.

Armenian News

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