Armenia's antitrust agency sends UTair Armenia case to its colleagues in Russia

Armenia's antitrust agency sends UTair Armenia case to its colleagues in Russia

YEREVAN, July 9. / ARKA /. Armenia’s Commission for Protection of Economic Competition will send the UTair Armenia case to Russia’s antitrust agency, the commission’s press office reported on Wednesday. 

The commission has launched scrutiny because of complaints about UTair Aviation that announced through commercials that it operates everyday flights from Moscow to Yerevan and back at €49 for one ticket bought three days before the flight. If the ticket is bought less than three days before the flight its price is €69, the company said. But it has become clear that the information was false, and the lowest price for one one-way ticket was €126.48.  

It has also become known that the sole shareholder of UTair Armenia and the only entity setting prices is UTair Leasing registered in Russia’s territory, while UTair Armenia just sells tickets. It means that the problem applies to Russia’s resident company. 

Armenian and Russian antitrust agencies use a common database, and therefore, Armenia’s commission sent the case to Russia for further investigation. 

UTair is one of Russia’s three biggest air companies. In 2013, the company’s aircrafts carried 9,625,295 passengers and UTair Group aircrafts 10,413,803 passengers. The air company has more than 150 aircrafts. UTair operates flights to 110 destinations. -0---- 

18:48 09.07.2014

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