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ARMENIAN "ARMAVIA" BLAMES AUTHORITIES FOR BANKRUPTCY
WorldBulletin.net, Turkey
April 2 2013
On April 1, the airline suspended flights and began bankruptcy
procedures
World Bulletin/News Desk
No airline will remain in Armenia after the national airline "Armavia"
stops its activity, a letter sent by a number of officers of the
airline said. The letter was a response to the request from ArmInfo
about the current situation.
On April 1, the airline suspended flights and began bankruptcy
procedures.
"It is not just a store or even a company with 400 employees being
closed. Few people understand the depth of the tragedy and its future
consequences. "They could not withstand the competition, did not find
markets for products, and our market is small, technologies are old,
the machines are from the communist era, the management is in the wrong
(favorite words of our leaders)," the letter says.
It is already for months that they have been dealing with the problem,
and it is even possible that they are guilty for the bankruptcy of the
company. It is one of the most important organizations of the country,
even, the second important after the army, that is getting bankrupt,
but they don't know anything, the workers noted.
"Maybe you specifically brought the situation with " Armavia "to its
bankruptcy in order to justify yourselves in the eyes of the people,
in order to accuse us in poor management," the letter says.
The bankruptcy of the state-owned Armenian Airlines company 10 years
ago, much before the financial crisis, is also mentioned in the letter.
"400 more people joined the ranks of the army of unemployed in
Armenia," the letter says.
The authors emphasize that the Customs Service of Armenia became a
tool for withdrawing money from enterprises and citizens.
WorldBulletin.net, Turkey
April 2 2013
On April 1, the airline suspended flights and began bankruptcy
procedures
World Bulletin/News Desk
No airline will remain in Armenia after the national airline "Armavia"
stops its activity, a letter sent by a number of officers of the
airline said. The letter was a response to the request from ArmInfo
about the current situation.
On April 1, the airline suspended flights and began bankruptcy
procedures.
"It is not just a store or even a company with 400 employees being
closed. Few people understand the depth of the tragedy and its future
consequences. "They could not withstand the competition, did not find
markets for products, and our market is small, technologies are old,
the machines are from the communist era, the management is in the wrong
(favorite words of our leaders)," the letter says.
It is already for months that they have been dealing with the problem,
and it is even possible that they are guilty for the bankruptcy of the
company. It is one of the most important organizations of the country,
even, the second important after the army, that is getting bankrupt,
but they don't know anything, the workers noted.
"Maybe you specifically brought the situation with " Armavia "to its
bankruptcy in order to justify yourselves in the eyes of the people,
in order to accuse us in poor management," the letter says.
The bankruptcy of the state-owned Armenian Airlines company 10 years
ago, much before the financial crisis, is also mentioned in the letter.
"400 more people joined the ranks of the army of unemployed in
Armenia," the letter says.
The authors emphasize that the Customs Service of Armenia became a
tool for withdrawing money from enterprises and citizens.