Announcement

Collapse
No announcement yet.

National Air Carrier Armavia On Sale

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • National Air Carrier Armavia On Sale

    NATIONAL AIR CARRIER ARMAVIA ON SALE

    ARMENPRESS
    26 September, 2012
    YEREVAN

    YEREVAN, SEPTEMBER 26, ARMENPRESS: 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.




    From: A. Papazian
Working...
X