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Zvartnots International Airport Resumes Flights Of Armenia's Nationa

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  • Zvartnots International Airport Resumes Flights Of Armenia's Nationa

    ZVARTNOTS INTERNATIONAL AIRPORT RESUMES FLIGHTS OF ARMENIA'S NATIONAL CARRIER

    news.am
    October 17, 2012 | 17:01

    YEREVAN. - Armenian capital city Yerevan's
    ZvartnotsInternationalAirport is resuming its services rendered
    to Armavia Airline Company-which is Armenia's national carrier-the
    airport's pres secretary Gevorg Abrahamyan told Armenian News-NEWS.am.

    He informed that Armavia transferred AMD 90 million (approx. $ 221,575)
    to Zvartnots, and therefore its flights will be served until Thursday
    11am, after which it will become clear as to whether the flights will
    continue. To note, Armavia's total debt is $3,360,000, which is one
    million dollars more than the limit.

    Commenting on Armavia's information provided to Armenian News-NEWS.am,
    and according to which the grounding of the company's flights is
    linked with the emergence of a new shareholder in Armavia, Abrahamyan
    noted: "We have no information as to whether or not there is a new
    shareholder." And he reconfirmed that the sole reason for suspending
    Armavia's flights is its accruing debts.

    As Armenian News-NEWS.am informed earlier, the
    ZvartnotsInternationalAirport once again suspended its services
    rendered to the flights of Armavia Airline Company. According to our
    information, the reason is again Armavia's huge outstanding debts to
    the airport.

    To note, Armavia's flights were grounded in med-September as well,
    but, subsequently, the Armenia International Airports Company-which
    owns ZvartnotsInternationalAirport-had resumed Armavia's flights
    because arrangement was made on the payment of debts.

    The conflict between Armavia and ArmeniaInternationalAirports continues
    for several months. Zvartnots had suspended Armavia's flights a
    number of times, and for exceeding the limit for outstanding debts,
    but the parties had come to an agreement as a result of negotiations.

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