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Armavia Pays Off Debts To Rosaviatsia

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  • Armavia Pays Off Debts To Rosaviatsia

    ARMAVIA PAYS OFF DEBTS TO ROSAVIATSIA

    Panorama.am
    20/03/2012

    Armenia national air carrier "Armavia" has discharged debts to the
    Federal Russian Air Transport Agency (Rosaviatsia), Russian news agency
    "Ria Novosti" reported. Alexander Rosaviatsia, manager of Rosaviatsia,
    has said Armavia will continue carrying out flights in the territory
    of Russia.

    The Federal Russian Air Transport Agency (Rosaviatsia) banned
    Armavia's flights to Russia on March 6 as long as the company would
    pay off debts.

    However, Rosaviatsia allowed the flights noting that the agency
    received a letter of guarantees dated March 6 from Armavia, pledging
    to repay part of the debt for last December at the amount of USD 178
    those by March 20, 2012.

    Then Armavia appeared in talks with Zvartnots Airport demanding new
    pricing policy for the air company.




    From: A. Papazian
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