Armenia’s Akila Technics to start providing technical services to aircrafts in Zvartnots Airport

YEREVAN, July 16. /ARKA/. Akila Technics, a company of Akila Group, which is based in Zvartnots Airport, is the first Armenian company to provide aircrafts with technical services.  

Karen Avdalyan, the founder of Akila, told journalists on Tuesday that aircrafts in Armenia had been served by foreign companies before, and now the company is trying to win dominance in the market. 

“The market consists of aircrafts that serve flights to Armenia – 20 to 30 aircrafts and $50,000-60,000 a month,” he said. 

He said that now the company serves four airplanes – three aircrafts of Air Armenia and one presidential liner, but if the company works successful, it will build a hangar. 

Avdalyan said now investments in the company amounts to about $200,000, but the construction of the hangar is estimated to cost $2.5 million. 

He said the company has employed 23 people who have been trained in Europe’s flagship aviation establishments and after gained work experience abroad returned to Armenia. 

“The appearance of an Armenian company with Armenian specialists makes it possible to pursue a more flexible price policy and to be more competitive,” he added. 

Akila Technics company’s activity is authorized by a Part 15 certificate received from the General Department of Civil Aviation of Armenia in conformity with international requirements. The certificate allows the company to serve Boeing 737-300/400/500 and Airbus A319/320/321. 

Zvartnots Airport is run by the Armenia – International Airports in accordance with a 30-year concessional management agreement sealed with Armenian government in 2001. 

The company belongs to American International Airports, an Argentine company owned by Eduardo Eurnekian, an Argentine entrepreneur of Armenian descent. --0---