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Armavia Company Holds Negotiations On Acquisition Of Boeing Aircraft

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  • Armavia Company Holds Negotiations On Acquisition Of Boeing Aircraft

    ARMAVIA COMPANY HOLDS NEGOTIATIONS ON ACQUISITION OF BOEING AIRCRAFT

    ArmInfo
    2008-07-07 22:14:00

    Armavia company is holding negotiations on acquisition of a Boeing
    aircraft, Mikhail Bagdasarov, the owner of Armavia air company and
    Mika Limited concern, told journalists, Monday.

    According to him, this aircraft is to serve a trans-Atlantic
    flight Yerevan-Los Angeles which the company is going to open in
    2009-2010. During an air show in London on July 14, the Boeing
    Corporation will present aircrafts to Armavia which may be launched
    in this direction, Bagdasarov said. He noted that Armavia is a
    dynamically developing company and if it earlier leased planes,
    now it is considering the possibility of purchasing them. "Today to
    have an own plane is much more profitable for the company from the
    economic viewpoint", he said. He added that such a small company as
    Armavia should have one type of aircrafts - Boeing or Airbus. The
    businessman didn't conceal that simultaneously Armavia is holding
    negotiations on acquisition of an Airbus.

    "We'll purchase the planes of those who offer us the best terms",
    Bagdasarov said. Today Armavia's air fleet has 9 planes, but the number
    of the planes will be increased to 15-20. It is envisaged to purchase
    Russian Sukhoi Superjet 100 planes, Bombardier CRJ, Boeing or Airbus,
    the businessman said.

    He added that the company suffers losses due to the increase of prices
    of jet fuel, but the leadership has taken no decision to increase the
    air ticket prices yet. According to Bagdasarov, despite the recent
    opening of new air flights, the company has to close the flights to
    Minsk and Dubay.

    Reduction of other flights is also possible, he said but he denied
    the rumors that Armavia "is being sold".

    Regional Sales Director of Boeing corporation Sergey Leshinsky,
    who was also present at the meeting with journalists, noted that the
    parties haven't yet agreed on the form of cooperation and the choice
    of the aircraft's type.

    "Armavia has set itself the highest standards of work with clients
    and is successfully implementing them due to its reasonable policy
    and skilled personnel", he noted. He said that the company's task to
    open a trans-Atlantic intercontinental flight is also realizable.

    According to Armavia CJSC's administration, the company's air fleet
    has 2 Airbus A-320, two Ð~B-319, a CRJ -100, a Tu-134, a Yak-42,
    an IL-86 (under repair) and a Boeing 737-300.

    --Boundary_(ID_nl/iiVn/wJyNW/ChoyweYw)--
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