Tweet
COMMISSION FOR PROTECTION OF ECONOMIC COMPETITION OF ARMENIA INTENDS TO FINE 'ZVARTNOTS' YEREVAN AIRPORT TO $1 MLN DRAMS
ArmInfo
2008-10-15 11:14:00
ArmInfo. The Commission for Protection of Economic Competition
intends to fine "Zvartnots" Yerevan airport to the sum of 300 mln
drams (to $1 mln) for unfair competition, Head of the Commission's
press service Armine Udumyan told ArmInfo.
According to her, as a result of the Commission-held monitoring,
it was revealed that "Zvartnots" delivers fuel to different air
companies at different price and, thus, demonstrates a biased attitude
to its clients.
So, the price difference varies from 483,708 drams to 494,320 drams
per 1 ton of aviation fuel. Moreover, the airport delivers fuel at
an unreasoned high price, thus, exceeding the margin for purchase
and sale of fuel which makes up $141 per ton. These violations are
enough for the Commission to make a decision to fine "Zvartnots" at
the rate of 2% of the last-year proceeds or to the sum not exceeding
300 mln drams, A. Udumyan said. The session of the Commission on this
case has been scheduled for Friday.
To recall, the concessionary of "Zvartnots" Yerevan airport and
"Shirak" Gyumri airport is the "Armenian International Airports"
CJSC belonging to the Argentine businessman Eduardo Eurnekyan.
ArmInfo
2008-10-15 11:14:00
ArmInfo. The Commission for Protection of Economic Competition
intends to fine "Zvartnots" Yerevan airport to the sum of 300 mln
drams (to $1 mln) for unfair competition, Head of the Commission's
press service Armine Udumyan told ArmInfo.
According to her, as a result of the Commission-held monitoring,
it was revealed that "Zvartnots" delivers fuel to different air
companies at different price and, thus, demonstrates a biased attitude
to its clients.
So, the price difference varies from 483,708 drams to 494,320 drams
per 1 ton of aviation fuel. Moreover, the airport delivers fuel at
an unreasoned high price, thus, exceeding the margin for purchase
and sale of fuel which makes up $141 per ton. These violations are
enough for the Commission to make a decision to fine "Zvartnots" at
the rate of 2% of the last-year proceeds or to the sum not exceeding
300 mln drams, A. Udumyan said. The session of the Commission on this
case has been scheduled for Friday.
To recall, the concessionary of "Zvartnots" Yerevan airport and
"Shirak" Gyumri airport is the "Armenian International Airports"
CJSC belonging to the Argentine businessman Eduardo Eurnekyan.