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Zhamanak: Air Armenia Cancels Flights Amid Debts

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  • Zhamanak: Air Armenia Cancels Flights Amid Debts

    ZHAMANAK: AIR ARMENIA CANCELS FLIGHTS AMID DEBTS

    10:17 * 07.10.14

    Air Armenia on Monday had to cancel four flights to St Petersburg
    (Russia) and two flights to Moscow and Athens due to emerging financial
    difficulties, the paper has learned.

    The airline reportedly owes 5 million US Dollars to a company from
    which it has purchased two aircrafts without giving the money.

    The paper says that the Dubai-based company, which had sold the planes,
    had to later take them back, thus causing Air Armenia to revise its
    flight schedule.

    The airline is now said to have only one aircraft at its disposal.

    Citing its sources, the paper says that Head of the Government's Civil
    Aviation Department Artyom Movsisyan on Monday convened a meeting
    to address the problem. The discussion was reportedly attended by a
    representative of the Dubai company.

    Armenian News - Tert.am

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