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ARMAVIA PLEDGES TO PAY $5,3 MLN DEBT TO ZVARTNOTS BY SEPTEMBER
PanARMENIAN.Net
March 15, 2012 - 14:51 AMT
PanARMENIAN.Net - Armenia International Airports CJSC and Armavia
Air Company have reached an agreement by signing a contract.
Armenia International Airports CEO Marcelo Vende told the journalists
on March 15 that they had meetings during the past 4 days with the
working group set up by Armavia and the Armenian Prime Minister Tigran
Sargsyan, in an attempt to find a mutually beneficial solution to
this problem.
"There have been many rumors over this dispute during the recent
days; we decided to make no comment until an agreement is reached,"
Vende said.
Deputy manager of Armenia International Airports CJSC Andranik Shkhyan
informed that the March 15 agreement meets all demands put forward by
Armavia. "We expect the schedule for debt payment to be maintained,"
he said.
Legal adviser of the Armenia International Airports Armen Ter-Tachatyan
noted that the debt totaling to USD 5 mln 300 thous has accumulated
during 6 months. "We expect the debt to be paid off by September. We've
set special tariffs, as Armavia demanded. Our company deems such huge
debt unacceptable, and getting this money back is a priority for us,"
he said.
Armavia representatives pledged to devise and submit the company's
new strategy which will enable them paying off the debt as soon
as possible.
The new rates set by the airport will operate during the coming year.
According to the agreement, the first instalment is due March 31.
PanARMENIAN.Net
March 15, 2012 - 14:51 AMT
PanARMENIAN.Net - Armenia International Airports CJSC and Armavia
Air Company have reached an agreement by signing a contract.
Armenia International Airports CEO Marcelo Vende told the journalists
on March 15 that they had meetings during the past 4 days with the
working group set up by Armavia and the Armenian Prime Minister Tigran
Sargsyan, in an attempt to find a mutually beneficial solution to
this problem.
"There have been many rumors over this dispute during the recent
days; we decided to make no comment until an agreement is reached,"
Vende said.
Deputy manager of Armenia International Airports CJSC Andranik Shkhyan
informed that the March 15 agreement meets all demands put forward by
Armavia. "We expect the schedule for debt payment to be maintained,"
he said.
Legal adviser of the Armenia International Airports Armen Ter-Tachatyan
noted that the debt totaling to USD 5 mln 300 thous has accumulated
during 6 months. "We expect the debt to be paid off by September. We've
set special tariffs, as Armavia demanded. Our company deems such huge
debt unacceptable, and getting this money back is a priority for us,"
he said.
Armavia representatives pledged to devise and submit the company's
new strategy which will enable them paying off the debt as soon
as possible.
The new rates set by the airport will operate during the coming year.
According to the agreement, the first instalment is due March 31.