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ARMAVIA OFFERS RECOVERY PLAN
19:49 ~U 25.04.13
Armenia's national air carrier, which recently declared itself
bankrupt, has proposed a recovery project for the aviation industries
in Armenia.
The company's press service said, in comments to Tert.am, that the plan
was elaborated upon the Public Council's proposal, which needed the
Armavia specialists' opinion on the possibility to enhance the sector.
Armavia, which quit Armenia's aviation market on April 1, has not filed
a court proceeding so far, thus giving ground to more speculations
as to possible changes its plans.
Asked why the national airline delays the process, an employee of the
company's press service said they are now in the midst of collecting
necessary documents.
Armavia CEO Norayr Beluyan said at the Public Council's previous
session that he would prefer a national airline to collaborate with
other companies, instead of being owned by an individual businessman.
He made the remark in response to Vazgen Manukyan, the Council's
president who was eager to know whether it is necessary to operate
a national airline at all. Beluyan said it is still possible to save
Armavia, whose name is considered a brand.
Speaking to Tert.am, Vazgen Manukyan said the recovery plan proposes
eliminating the air tax charged from passengers (which is 10,000
Armenian Drams or 24 US Dollars), as well giving air companies a right
to purchase fuel on their own and restructuring the budgetary debts.
Asked whether he considers Armavia's return possible, Manukyan did not
give a definitive answer. "I think we must have our national airline.
Armavia - in such a squeezed position - may be in one of those
positions. But there are lots of problems there. Some are possible
to solve and other aren't, but I cannot speak about that. That's
something to be decided by the government," he answered.
Armavia has been returning its sold tickets since the beginning of
this month. So far, it has managed to pay for 300 tickets.
Armenian News - Tert.am
19:49 ~U 25.04.13
Armenia's national air carrier, which recently declared itself
bankrupt, has proposed a recovery project for the aviation industries
in Armenia.
The company's press service said, in comments to Tert.am, that the plan
was elaborated upon the Public Council's proposal, which needed the
Armavia specialists' opinion on the possibility to enhance the sector.
Armavia, which quit Armenia's aviation market on April 1, has not filed
a court proceeding so far, thus giving ground to more speculations
as to possible changes its plans.
Asked why the national airline delays the process, an employee of the
company's press service said they are now in the midst of collecting
necessary documents.
Armavia CEO Norayr Beluyan said at the Public Council's previous
session that he would prefer a national airline to collaborate with
other companies, instead of being owned by an individual businessman.
He made the remark in response to Vazgen Manukyan, the Council's
president who was eager to know whether it is necessary to operate
a national airline at all. Beluyan said it is still possible to save
Armavia, whose name is considered a brand.
Speaking to Tert.am, Vazgen Manukyan said the recovery plan proposes
eliminating the air tax charged from passengers (which is 10,000
Armenian Drams or 24 US Dollars), as well giving air companies a right
to purchase fuel on their own and restructuring the budgetary debts.
Asked whether he considers Armavia's return possible, Manukyan did not
give a definitive answer. "I think we must have our national airline.
Armavia - in such a squeezed position - may be in one of those
positions. But there are lots of problems there. Some are possible
to solve and other aren't, but I cannot speak about that. That's
something to be decided by the government," he answered.
Armavia has been returning its sold tickets since the beginning of
this month. So far, it has managed to pay for 300 tickets.
Armenian News - Tert.am