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Zhamanak: Company That Purchased Air Armenia's Shares Has Financial

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  • Zhamanak: Company That Purchased Air Armenia's Shares Has Financial

    ZHAMANAK: COMPANY THAT PURCHASED AIR ARMENIA'S SHARES HAS FINANCIAL PROBLEMS

    11:26 11/03/2015 >> DAILY PRESS

    The company that purchased shares of Air Armenia airline has financial
    problems. The air company is unlikely to resume flights in late March,
    Zhamanak writes.

    The English company East Prospect Fund has bought 49 percent of
    the shares of Air Armenia. According to the newspaper, this company
    planned to make investments after concluding a big transaction. But
    it failed to carry out this transaction and therefore was unable to
    make investments.

    Source: Panorama.am

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