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Armavia has not settled account for the first SSJ-100 yet

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  • Armavia has not settled account for the first SSJ-100 yet

    SKRIN Market & Corporate News
    August 16, 2012 Thursday 1:20 PM GMT

    Armavia has not settled account for the first SSJ-100 yet


    Armenian carrier Armavia has been operating Sukhoi SuperJet-100
    aircraft since April 2011 and still the airline owes about $4 mln to
    Sukhoi Civil Aircraft (SCAC).

    "They still have to pay about $4 mln more for the first jet. Moreover,
    they have not paid for non-warranty work and spare parts. Finally,
    they have not paid for planned maintenance", - SCAC noted.

    The Russian company also said that Armavia is unable to return the jet
    automatically. "The jet is under encumbrance by one of Armenian banks:
    if they want to return the jet they would have to release the
    encumbrance first", - SCAC stated.

    "Sukhoi Civil Aircraft has not received any documents from Armavia
    regarding termination of contract yet", - the company noted.

    SSJ-100 aircraft are operated by Armavia and Aeroflot. Armavia
    declared in June that it refuses to take the delivery of second
    SSJ-100. The carrier did not specify any reasons for this decision.
    The administration of SCAC said that Armavia is facing financial
    difficulties.

    Later the airline stated that it would abandon the operated SSJ.
    Armavia's press-service said that the carrier abandons the jet taking
    into account that it required repair within a year. At that SCAC said
    that it was a planned maintenance.

    Prime-minister Dmitry Medvedev has already taken interest in the
    situation. He has instructed Ministry of Industry and Trade and
    Ministry of Foreign Affairs to go into the issue in cooperation with
    United Aircraft Corporation, Enhanced Coverage LinkingUnited Aircraft
    Corporation, -Search using:Company ProfileNews, Most Recent 60
    Daysprepare a report and present it to the government by September
    15th.

    SCAC noted that the commission will be carried out. Ministry of
    Industry and Trade denied any comments regarding this instruction. /
    Russian Aviation

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