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Armavia's Owner Says Company's Potential Buyers Are From Abroad

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  • Armavia's Owner Says Company's Potential Buyers Are From Abroad

    ARMAVIA'S OWNER SAYS COMPANY'S POTENTIAL BUYERS ARE FROM ABROAD

    tert.am
    04.10.12

    Owner of Armavia airline Mikhail Baghdasarov speaking to Panorama.am
    refuted the media claims as if Armavia's buyer is Michael Minasyan,
    son-in-law of Armenia's president.

    "I want this information stop circulating. Why is it all being done?

    Have I stated that he is the buyer? You are saying so. I have not
    said such thing. You ask us, we do not answer and you begin making
    up things," he said.

    Asked whether negotiations are being held with Minasyan or not,
    Baghdasarov said the buyers are absolutely other people, they are from
    Australia, Italy, Russia. Baghdasarov said there are 3-4 variants but
    said he does not want to reveal the potential buyers saying it is a
    commercial secret. "As far as they have not bought it yet, I cannot
    tell you who they are," he said.

    Baghdasarov stated that there is no such level businessman in Armenia
    who can seek to buy Armavia.

    He said he cannot revive Armavia as great sums are necessary for it.

    "It was a crisis and we had to hand all the planes and buy the new
    ones. It is not so easy," Armavia's owner said.

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