‘Fly Arna’ is Armenia’s national airline

YEREVAN, September 1, /ARKA/. The Armenian National Interests Fund (ANIF) and Air Arabia Group, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, today announced that the new national airline to be launched by their joint venture company will be named ‘Fly Arna.’ 

The name was chosen by the Board of Directors of the joint venture company from over 500 suggestions received in response to the ‘Name the Airline’ competition announced in July 2021. Following a comprehensive review, the name of the airline was chosen as ‘Fly Arna’ – with the word ‘Arna’ being derived from the name “Armenian National Airlines” by combining the first two letters of the words "ARmenian" with the first letter of "National" and the first letter of "Airline".

The competition aimed to engage the citizens of Armenia to participate in naming their new national airline reflecting the commitment of ANIF and Air Arabia Group to promote stakeholder participation. 

“I thank everyone for the active participation in the contest. It is both inspiring and a sign of a shared vision of a successful endeavour we all aspire for the project,” said David Papazian, CEO of ANIF. “Despite the current challenges of the pandemic, we are confident of the new opportunity that exists for “Fly Arna” to deliver a winning proposition that will benefit the nation and our people.” 

Adel Al Ali, Group Chief Executive Officer of Air Arabia, said: “The new name represents the aspirations of the people of Armenia and is the result of a national competition, underlining how the joint venture company prioritises the interests of the community. “Fly Arna” will mark the beginning of a new era for Armenia’s aviation sector, and also create significant value to the economy by boosting the tourism, hospitality and business sectors.” 

More than 800 participants suggested the 500 names via email and on ANIF’s social media pages. The name was chosen to be most inclusive and reflecting the spirit of the joint venture company to transform the aviation sector of the country. 

“Fly Arna” will operate as a low-cost passenger airline with Yerevan’s Zvartnots International Airport (EVN) as its base. The company will apply for the Airline Operation Certificate in the coming weeks. More details about the launch date, fleet, and destination network will be announced in due course. 

ANIF and Air Arabia Group had announced the agreement to launch Armenia’s new national airline in July 2021.

The Armenian National Interests Fund (ANIF) was established in 2019 with a mandate to consolidate and effectively manage the ownership of Armenian state-owned enterprises, to promote export growth and investments in Armenia by providing co-financing in large-scale projects at their initial stage of development. ANIF focuses on managing a portfolio of strategically important assets in Armenia and investment activities. Its strategy is aimed at attracting and supporting private investors. ANIF co-invests in large-scale investment projects with an experienced partner or specialist operator. We provide greenfield and brownfield financing and assist in arranging senior financing from commercial sources or IFIs. 

Air Arabia (PJSC), listed on the Dubai Financial Market, is the Middle East and North Africa’s leading low-cost carrier (LCC) operator. Air Arabia commenced operations in October 2003 and currently operates a total fleet of 58 new Airbus A320 and A321 aircraft, serving some 170 routes from five hubs in the UAE, Morocco and Egypt. Air Arabia is an award-winning airline that focuses on offering comfort, reliability, and value-for-money air travel. www.airarabia.com. -0-