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''Armavia'' Paid Back ''Zvartnots'' Dept Reaching Permitted Debt Lev

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  • ''Armavia'' Paid Back ''Zvartnots'' Dept Reaching Permitted Debt Lev

    "ARMAVIA" PAID BACK "ZVARTNOTS" DEPT REACHING PERMITTED DEBT LEVEL STIPULATED BY THE AGREEMENT

    YEREVAN, OCTOBER 22, ARMENPRESS: "Armavia" air carrier redeemed the
    dept of "Zvartnots" airport reaching the threshold of dept stipulated
    by the agreement, 2 million 360 thousand dollar. As "Armavia"
    air carrier company news service informed Armenpress, currently
    "Zvartnots " airport continues to regularly service "Armavia" air
    carrier's flights." The company continues to make money transfers to
    pay back the accumulated dept, Friday transfer marked million level.

    Gevorg Abrahamyan" Zvartnots" airport press secretary confirmed
    "Armavia" company's October 22 flights were normally served, yet
    calculations are underway due to the dept, the clear answers will be
    available on October 23.

    " Armavia" and "Armenia international airports" have signed agreement
    on March 15, 2011, in accordance to which the airport agreed to
    meet "Armavia" requirement, particularly reviewing the service
    tariffs. "Armavia" in its turn committed to stand the accumulated
    debts by September accordingly to the schedule timetable . Armavia
    accumulated 5, 3 million dollar within 6 months.

    "Zvartnots " again refused to serve "Armavia" flights as the permitted
    level of dept exceeded 1 million dollar in October 17, 2012.

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