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Newspaper: Government Of Armenia Has Not Adopted Any Decision On Arm

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  • Newspaper: Government Of Armenia Has Not Adopted Any Decision On Arm

    NEWSPAPER: GOVERNMENT OF ARMENIA HAS NOT ADOPTED ANY DECISION ON ARMAVIA COMPANY'S LICENSE

    ARMINFO
    Thursday, March 14, 12:33

    Government of Armenia has not yet decided whether to extend Armavia
    national air career's license that expires on March 14 or not,
    a local Orakarg newspaper writes.

    "The Government has not yet decided whether to liberalize the market
    of air transportation or extend the monopoly of Armavia Company,"
    the paper writes. Under the contract made on March 14 2003, the
    Government has granted Armenia an exclusive right to make flights
    to certain routes. As the contract term expires, the Chief Civil
    Aviation Department of Armenia must offer the Government to either
    extend the monopoly of the company or announce a new contest for air
    transportation on the given routes, which will liberalize the market
    of air transportation.

    "In the meanwhile, there is no draft decision by the above Department
    on the agenda of the Government for March 14," the paper writes.

    In line with the Finance Ministry's strategic development program 2013-
    2025 Armenia will switch to "open skies" policy by 2025. This implies
    measures to increase the number of state-funded flights, to liberalize
    passenger rail travel, to create new and to modernize existing tourist
    infrastructures outside Yerevan, to attract well-known foreign hotel
    brands. As many as 2.3mln people may visit Armenia in 2025 as a result
    against 846,300 in 2012.

    Armavia national air carrier was founded in 1996 and meets IATA
    standards. In 2005 the shares of Armavia were transferred to Mika
    Limited President Mikhail Baghdasarov. Armavia makes over 100 flights
    in a week to over 35 destinations in 20 countries.

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