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Global Libra Group to discuss projects in Armenia

... Executive Chairman of Libra Group, a global holding company, the Armenian government reported on Thursday. Libra Group is registered in the US and works in various sectors, including diversified investments, renewable energy, aerospace, and hospitality services. Pashinyan welcomed Logothetis in Yerevan and noted that the Armenian government places great store on new projects in green energy, aviation, and other sectors, and offered to discuss cooperation and investments into the country’s economy. Logothetis presented the Libra Group activities to Pashinyan and stressed that he is ready to continue discussing potential projects in Armenia....

05/30/2024


EU and US to provide additional assistance to Armenia to help it diversify trade and strengthen economic resilience

... Blinken, USAID Administrator Samantha Power, and Prime Minister of the Republic of Armenia, Nikol Pashinyan, met today, April 5, 2024 in Brussels to reaffirm support for... ... support key sectors from trade diversification, infrastructure development, energy, to aviation safety. President von der Leyen also referred to the benefits of the Economic... ... The United States will support Armenia’s efforts to minimize the strain on public services and infrastructure, and facilitate social cohesion and economic development...

04/05/2024


Fly Arna airline project has failed - Pashinyan

... Pashinyan emphasized. "As for the project itself, there are no optimistic prospects for its continuation," the Prime Minister said. He also noted that another problem is closely related to this one - the quality of infrastructure for civil aviation, including flight services. Because of that, as the Prime Minister noted, several airlines registered in Armenia are still on the EU black list. -0-

03/20/2024


Armenia plans to set state duties on a number of civil aviation services

The Armenian government plans to set state duties on 13 types of civil aviation services. YEREVAN, March 20. /ARKA/. The Armenian government plans to set state duties on 13 types of civil aviation services. On Wednesday, the parliament adopted a package of bills aimed at amending the law "On State Duty" and a number of related laws. The fees for 13 types of services ...

03/20/2024


Armenia plans to impose state duty on a number of services in the aviation area

... Assembly's Committee on Economic Affairs on Wednesday approved a legislative initiative to establish a state duty on a number of services in the aviation area, which are supposed to generate 150 million drams of tax revenues per year. "Currently, the Armenian Civil Aviation Committee, along with regulatory and control functions, provides a number of services for which neither state duty nor fees are charged," Deputy Minister of Territorial Administration and Infrastructure Armen Simonyan said while presenting a package of amendments to the Law on State Duty and a number of related laws. According ...

03/13/2024


FlyOne Armenia resumes flights from Yerevan to Paris and Lyon

... Gaulle International Airport will be operated twice a week on Tuesdays and Saturdays. "All tickets as well as additional services can be purchased on the airline's website or through a mobile app available on Google App or App Store, and also at all partner agencies," the airline said. FlyOne Armenia was founded in 2021. On October 27 it received an aircraft operator certificate from the Civil Aviation Committee of Armenia. The airline offers affordable flights to a number of destinations, such as Moscow, Paris, Lyon,...

05/30/2022


FlyOne Armenia to operate non-scheduled flights between Yerevan and Turkish Antalya

... airline said on its Facebook page. Yerevan-Antalya-Yerevan flights from Zvartnots International Airport to Antalya International Airport will be operated twice a week, on Tuesdays and Fridays. Ticket prices start from 110 euros. Tickets and additional services are available on the airline's website or through a mobile app on Google App or App Store, as well as at all partner agencies. FlyOne Armenia was founded in 2021. On October 27, it received an aircraft operator certificate from the Civil Aviation Committee of Armenia. The airline offers affordable flights to a number of destinations, such as Moscow, Tbilisi, Paris, Lyon, Istanbul and Sochi. Its fleet consists of Airbus A320 family aircraft with 180 seats and complies with all International ...

05/23/2022


PM and Corporaciօn America CEO discuss new investment projects to develop Armenian aviation market

... Airport and Gyumri's Shirak Airport, which have been entrusted to the concessional management of the company. In that context the parties looked into the possibilities of implementing new investment projects, which will promote the development of the aviation market, increase the flow of passengers and render services of high quality. They also exchanged opinions on possible new programs in other directions. Armenia International Airports CJSC is run by Argentinean American International Airports, owned by Eduardo Eurnekian, an Argentinean citizen of Armenian origin. --0--

04/12/2022


FlyOne Armenia resumes fights between Yerevan and Moscow

... the airline plans to increase the frequency and number of flights in the near future. The airline said tickets and additional services can be purchased on its website at www.flyone.am or in a mobile application, as well as in the offices of all partner ... ... the coronavirus epidemic.” The airline was awarded the aircraft operator certificate at the end of October 2021 by the Civil Aviation Committee of Armenia. The company said earlier it had invested more than 60 million Euros in the Armenian market. The company's fleet consists ...

03/01/2022


‘Fly Arna’, Armenia’s national airline, unveils visual brand identity

The Armenian National Interests Fund (ANIF) and Air Arabia Group, the Middle East and North ... ... inclusive and reflective of the spirit of the joint venture company to transform the aviation sector of the country. With its colours inspired by the Armenia flag, the ‘Fly... ... are Ambition – to motivate to build and grow the airline; Persistence – to build services that deliver real and tangible value to customers; and Innovation – to inspire...

01/14/2022


FlyOne Armenia says flights to Moscow were cancelled ‘due to unforeseen circumstances’

... personal contact with all the passengers to ensure that they receive the whole package of services. ‘No one is left out and no one will be left out," the airline said... ... destinations will be operated according to the previously announced schedule. According to Armenian media reports, the airline is affiliated with the family of Khachatur Sukiasyan... ... was awarded the aircraft operator certificate at the end of October 2021 by the Civil Aviation Committee of Armenia. The company said earlier it had invested more than 60...

12/15/2021


Lufthansa Group to operate 16 weekly flights from Yerevan (video)

The Lufthansa Group resumes flights to Armenia from August 13, the director of Armenia International Airports Marcelo Wende ... ... started direct flights from Cologne from 5 August 2021. The Lufthansa Group is a global aviation group with a total of more than 530 subsidiaries and equity investments. The... ... Lufthansa Group is composed of the segments Network Airlines, Eurowings and Aviation Services. -0-

08/12/2021


Eurowings launches direct flights from Cologne/Bonn to Yerevan

... includes connections to more than 100 destinations in Europe. Yerevan is the capital of Armenia and, as the country’s largest metropolis with over 1 million inhabitants,... ... Eurowings is the holiday airline of the Lufthansa Group and thus part of the largest aviation group worldwide. -0- Eurowings is the market leader at the airports of Düsseldorf... ... currently has a fleet of around 100 aircraft. Eurowings focuses on low-cost products and services and offers non-stop flights within Europe. In its summer flight schedule, the...

08/09/2021


US to re-impose sanctions against Belarus

... than the penalties announced by the White House. US trade with Belarus amounted to only about US$112 million (S$148 million) in 2020, according to the US Census Bureau. The announcement came after some lawmakers earlier this week called for the Federal Aviation Administration to fully prohibit US aircraft from entering Belarus air space after the episode. The US is suspending its discretionary application of the 2019 US-Belarus Air Services Agreement, the White House said. -0-

05/31/2021


New medical centers to be built in Armenian Martuni and Vayots Dzor

... Monday. YEREVAN, October 26. /ARKA/. A new modern medical center will be built in Armenia's Vayots Dzor province, similar to the one currently under construction in the... ... According to him, the new medical centers will be equipped with a helipad for medical aviation. The money will come from World Bank's $7.4 million additional financing for... ... Martuni will serve also the residents of the neighboring communities, providing hospital services of the secondary level -therapists, surgeons, infectious disease specialists...

04/26/2021


Myway Airlines to operate flights between Georgian and Armenian capitals

... Tbilisi to Yerevan and back, the Novosti-Georgia news agency reported. According to the application filed with the Georgian Civil Aviation Agency, the daily flights will be operated from May 15 to October 30. The flight permit was issued by the Civil Aviation ... ... Operator’s Certificate (AOC) and Operating License (OL) in 2018 year. Currently, the airline is operating regular scheduled services along with charter flights to various destinations. Myway Airlines fleet consists of two Boeing 737-800 type aircrafts ...

04/22/2021


Armenia's Food Safety Inspection Body to monitor epidemic situation in livestock sector under martial law

The head of Armenia's Food Safety Inspection Body Georgy Avetisyan chaired today a meeting convened ... ... the epizootic situation in Armenia under martial law, priority steps of veterinary services, as well as possible ways of providing support to Artsakh (Nagorno-Karabakh)... ... shelling from the Azerbaijani Armed Forces who are using heavy artillery and military aviation. The number of destroyed and damaged civilian buildings exceeded 5.8 thousand...

10/13/2020


Sargsyan: Armenian intelligence knew nothing about Azerbaijani troops’ preparation for April War

... speaking Wednesday at a news conference, touched also upon the effectiveness of the Armenian intelligence’s actions on the eve of the April 2016 War. "I am deeply... ... Azerbaijan was preparing large-scale actions. “Unfortunately, even the best intelligence services in the world cannot have all the information. Yes, our intelligence has not... ... line of contact with the use of rocket and artillery weapons, armored vehicles and aviation. The Artsakh (Karabakh) army successfully suppressed the aggressive actions...

08/19/2020


Fly Armenia Airways enters local market

... Armenia. This will help improve the logistics and economic situation in the market, and thanks to our reliable passenger and cargo services, it will be possible to create new tourism and business destinations,” the company said. The company's management consists of top managers with extensive experience in the German airline Lufthansa and Armenian aviation experts. At present, two local airlines operate in Armenia: Armenia Airways and Armenia. Taron Avia operated earlier ...

07/09/2020


Yekaterinburg-Yerevan flight delayed - Armenian civil aviation committee

SVR2949 flight of Russia's Ural Airlines from Yekaterinburg to Yerevan is delayed today for 5.5 hours, the Committee of Civil Aviation of Armenia reports. YEREVAN, March 2. /ARKA/. SVR2949 flight of Russia's Ural Airlines from Yekaterinburg to Yerevan is delayed ... ... instead of the scheduled 17:45. The Armenian representative of the air company said that passengers will receive all necessary services in due way. The cause of the delay is not reported. -0---

03/02/2020


Armenian Civil Aviation Committee under heightened scrutiny of European Union

... “In fact, for a long time these problems were frozen and were “reanimated” these days because of the growing interest in Armenia. The European Commission noticed these problems having tightened control," she said. Revazyan emphasized the need to increase the oversight functions of the Civil Aviation Committee, saying it may form also its own budget by offering a number of paid services, following the example of several European countries. “We provide licenses for free, but we can set a certain price....

12/16/2019


Ryanair to start operating direct flights from Armenia to Europe in 2020

...,000 customers annually to/from Ryanair’s Armenian airports. David O'Brien said that the company provides modern high-quality services in 440 airports of Europe at amazing low fares. Speaking about prices, he said that they are not fixed and he can't point out particular prices, but an average price is €35 (around 18,000 drams). Tatevik Revazian, head of the Civil Aviation Committee of Armenia, on her side, said that it had been decided to exempt the new routs form air tax. She stressed that routs, not particular ...

10/16/2019


UAE-based Mubadala investment company looking into setting up venture funds in Armenia

The UAE-based Mubadala Investment Company is looking into the possibility of setting up venture funds in Armenia, Khomein Al Shimmari, the head of the Aviation and Engineering Services Division at Mubadala Investment, said today at a meeting with the Prime Minister of Armenia, Nikol Pashinyan, in Yerevan. YEREVAN, October 7. /ARKA/. The UAE-based Mubadala Investment Company is looking into the possibility of setting up ...

10/07/2019


Nagorno-Karabakh welcomes amendment to NDAA that blocks transfer of defense articles or services to Azerbaijan

... National Defense Authorization Act (NDAA) submitted by U.S. Congressman Brad Sherman, which blocks transfer of defense articles or services that improve Azerbaijan’s offensive air capabilities YEREVAN, June 28, /ARKA/. Nagorno-Karabakh Ministry of Foreign ... ... articles or services that improve Azerbaijan’s offensive air capabilities or air defense systems, which could threaten civil aviation. The ministry said in a statement that this initiative is topical, since Azerbaijan has not abandoned its threats to ...

06/28/2019


Armenia developing small aviation – minister

... of small aviation, Transport, Communication and Information Technology Minister Hakob Arshakyan said yesterday at a news conference. In his words, already three companies have received licenses for operating flights, one of which provides air medical services. YEREVAN, April 18. /ARKA/. Armenia attaches importance to development of small aviation, Transport, Communication and Information Technology Minister Hakob Arshakyan said yesterday at a news conference. In his words, already three companies have received licenses for operating flights, one of which provides air medical services....

04/18/2019


A 13-year-old teen becomes first patient transported by helicopter of Armenia’s air medical aviation

... was brought to Yerevan. It landed outside the Erebuni Hospital and then the patient was taken to another medical center by an emergency car. The patient health condition is assessed as critical, but stable. The presentation of the first air medical aviation helicopter took place in Yerevan on Sunday. The Airbus helicopter, belonging to Armenian Helicopters LLC, will be used for providing emergency ambulance services. -0---

04/09/2019


Fly United to open office in Armenia

Armenia’s Minister of Economic Development and Investments Artsvik Minasyan received ... ... Eva Stiltcova. According to the Armenian ministry, the Czech company provides tourism services by combining the work of public and private companies and individuals in business... ... programs, attaching importance to the experience exchange with the company in the field of aviation. The Czechs then met with representatives of the Armenian Tourism Committee...

07/13/2018


Passenger traffic through Armenia’s airports up 9.2% in Jan-May 2018

... grew 9.2% in Jan-May 2018, compared with the same period a year earlier, to 955,476 passengers, the General Department of Civil Aviation of Armenia reported on Monday. The passenger traffic grew 5.4% in May 2018, compared wit the same month a year before, to 217,615.... ... year before. Shirak Airport serviced 15,325 passengers in May 2018 against 8,240 in May 2017. In Jan-May 2018, the airport services 59,350 people against 27,429 in May 2017. The number of departures and arrivals in Zvartnots and Shirak rose 11.5% in ...

06/11/2018


Some 12 new airlines began to operate flights to Armenia over 2 last years

... Administration said. Besides, 12 new destinations were opened to Lyon, Brussels, Doha, Kuwait, Berlin, Prague, Tel Aviv, Damascus, Sharm El Sheikh, Ashgabat, Frankfurt, Astana. In addition, two airlines – Belavia and Czech Airlines - have resumed flights to Armenia. The Main Civil Aviation Administration said also that to help the Shirak airport in Gyumri and attract low-cost airlines, the tariffs for air navigation services were reduced by 50%, while the services of the weather service were made free. The regulator singled out also a sharp increase in the number of transit flights through Armenia’s airspace. "Over the past two years, in addition to expanding ...

05/07/2018


Air ticket prices in Armenia likely to drop

... Aviameteorological Center into a single structure. These two companies provide currently the following services now: the organization of air flights, observation of navigation, provision of aeronautical information, and weather services. The first three services are provided by Armenian Aeronavigation, which pays 30 thousand drams ($62) to Zvartnots Aviation Meteorological Center for each takeoff and landing of the aircraft. "In fact, we are creating a unified system that will provide full information and eliminate the payment of AMD 30,000, which will positively affect the improvement of the ...

03/15/2018


Brussels Airline likely to resume flights to Yerevan

The Belgian Brussels Airlines is likely to resume direct flights between Brussels and Yerevan, Armenia’s aviation authorities said today. YEREVAN, February 28. /ARKA/. The Belgian Brussels Airlines is likely to resume direct flights ... ... organization of the flights. The regulator also arranged meetings of the airline delegation with all interested parties and services in Armenia to discuss technical issues. -0-

02/28/2018


Armenian - Russian trade in 2017 surged to $1.7 billion, Russian minister says

The Russian-Armenian trade in 2017 amounted to $1.7 billion, the highest figure since both countries ... ... that the foreign trade surged by 26.9%, exports by 25.2% and imports by 27.8%. Also services grew by 14.4%, and industrial output by 12.6%, while inflation was 2.6%. According... ... discussed also ways of expanding cooperation in energy, transport, industry, tourism and aviation areas, as well as granting Russian airlines the fifth freedom of the air. -0-

02/20/2018


Taron Avia suspends flights from Gyumri

... February. He said this is done by actually all airlines. Avetisyan added that Taron Avia will resume flights in spring. In another aviation-related news the Turkmen Airlines will operate the maiden Ashgabat-Yerevan-Frankfurt flight on December 27. Avetisyan said this is will be the first flight in the history of Armenia to be carried out using the fifth freedom of the air. The fifth freedom of the air is the right or privilege, in respect of scheduled international air services, granted by one state to another state to put down and to take on, in the territory of the first state, traffic coming ...

12/26/2017


Italian company interested in providing helicopter aviation services to Armenia

... an Italian helicopter company established in 1964, the press office of the Department reports. At the meeting, the Italian partners presented their company’s large-scale activity and its services. They expressed willingness to provide helicopter aviation services to Armenia. Avetisyan, welcoming the guests and their interest in the Armenian market, pointed out the steps being taken to develop civil aviation in the country and stressed the necessity of organization of helicopter flights in Armenia. He also pledged ...

10/18/2017


25.5% year-on-year increase in passenger traffic through Armenia’s airports in Jan-Aug 2017

... Avetisyan, head of the General Department of Civil Aviation of Armenia, said on Friday. YEREVAN, September 25. /ARKA/. Passenger traffic through Armenia’s airports grew 25.5% in Jan-Aug 2017, Sergey Avetisyan, head of the General Department of Civil Aviation of Armenia, said on Friday. “As many as 1,668,000 people have used Zvartnots and Shirak airports’ services over a period between January and August 2017,” he said. “Passenger traffic was recorded at 293,000 in August alone, which is 14.9% more than one year earlier.” Avetisyan said 26 air companies operate 30 to 35 flights in Armenia’s territory ...

09/25/2017


Armenia, Singapore sign air communication agreement

Sergey Avetisyan, head of the General Department of Civil Aviation of Armenia, signed today an air communication agreement between the governments of Armenia and Singapore. YEREVAN, July 12.... ... Armenian government started pursuing an open sky policy, which implies creation of competitive environment for provision of air services. After that new air companies came to Armenian market and some companies once operating here returned. They are Aegean ...

07/12/2017


Economy of Armenia: challenges and prospects

... founder and Director of the Centre for Post-Industrial Studies, shares his views on Armenia’s post-Soviet development in an article published by The Armenian Interest... ... be surprised when Russian companies dominate the tenders for the supply of goods and services for state needs as well as when Gazprom opposes the construction of a gas pipeline... ... and passenger traffic. Besides that, it would be worthwhile to think about developing aviation transit. Zvartnots Airport is more than a thousand miles away from major regional...

06/13/2017


Ural Airlines no longer to service flights to Armenia

... air company’s request, TASS reports referring to the air company’s press office. YEREVAN, May 30. /ARKA/. Russia’s aviation authorities have withdrawn Ural Airlines’ entitlement to 15 international flights from Russia to Belarus, Iran, Georgia, Armenia and Central Asia at the air company’s request, TASS reports referring to the air company’s press office. Ural Airlines ... ... have been taken to enhance the air company’s effectiveness and will have no impacts on the total volume of its activity and services. Ural Airlines is one of Russia’s flagship air companies. The company services flights to more than 200 destinations....

05/30/2017


EU-Armenia common air space agreement to drive air ticket prices down and improve services

Sergey Avetisyan, head of the General Department of Civil Aviation of Armenia, said Thursday that a comprehensive air traffic agreement to be signed soon between Armenia and the European Union would drive ticket prices down and improve quality of services. YEREVAN, April 27. /ARKA/. Sergey Avetisyan, head of the General Department of Civil Aviation of Armenia, said Thursday that a comprehensive air traffic agreement to be signed soon between Armenia and the European Union would drive ticket prices down and improve quality of services. According to Novosti-Armenia, the first round of negotiations between ...

04/27/2017


General Department of Civil Aviation welcomes Turkish low cost air company in Armenia

The appearance of Turkey’s Pegasus Airlines in Armenia will enhance the latter’s competitiveness in air market, Sergey Avetisyan, head of the General Department of Civil Aviation of Armenia, said on Thursday. YEREVAN, April 27. /ARKA/. The appearance of Turkey’s Pegasus Airlines in Armenia ... ... Armenia, said on Thursday. He is quoted by Novosti-Armneia as saying that many residents of Armenia fly through Georgia, since services of Turkish air companies, including Pegasus Airlines, are available there. Avetisyan, however, refrained from saying ...

04/27/2017


FAST announces formation of Advisory Board and appointment of CEO

FAST (The Foundation for Armenian Science and Technology) announced the formation of the Advisory Board and the ... ... Antranikyan, HamburgUniversity of Technology, President (Germany), Mikhail Pogosyan, Moscow Aviation Institute, Rector (Russia) Yuri Oganessian, Flerov Laboratory of Nuclear Reactions... ... depend greatly on its capacity to innovate and to provide competitive products and services within the global markets. The Foundation for Armenian Science and Technology...

04/12/2017


Passenger traffic through Shirak airport increased 266.8% in Jan-March 2017

... Jan-March 2017, compared with the same period a year earlier, to 480,198 people, the press office of the General Department of Civil Aviation of Armenia reports. According to the report, 4,894 tons of cargoes have been carried through Zvartnots airport over a period between ... ... first Gyumri-Moscow flight on December 15, 2016. The minimum price for one ticket is 990 Russian rubles ($16). The air company services regular flights thrice a week – on Tuesday, Thursday and Sunday. Zvartnots Airport is being run by the Armenia – ...

04/06/2017


Shirak airport in Gyumri to get preference

The Shirak airport in Armenia’s second largest town of Gyumri will be exempted from the payment of meteorological services from February 1, the Ministry of Nature Protection said today. YEREVAN, January 23. /ARKA/. The Shirak airport in Armenia’s second largest town of Gyumri will be exempted from the payment of meteorological services from February 1, the Ministry of Nature Protection said today. A company called Zvartnots Aviation Weather Center of the Ministry of Nature Protection provides meteorological services to all the airlines flying to Gyumri. In order to help develop and expand Shirak airport’s operations and enhance its attractiveness the Ministry of Nature ...

01/23/2017


Pobeda low-cost airline begins sale of tickets for Moscow-Gyumri flights

... that it will offer a limited number of tickets at a special price of 999 rubles or $16. In November, a source in Pobeda told Russian news agency Interfax that the airline refused to operate flights to Yerevan because of "very high " cost of services oat Zvartnots airport. A press-secretary for Chief Armenian Aviation Department Satenik Hovhannisyan stated that Pobeda cannot operate flights to Zvartnots since it is not intended to service low-cost airlines. According to Interfax, the Gyumri airport, unlike Zvartnots, provided Pobeda with preferential terms ...

11/14/2016


Sergey Avetisyan finds Russia’s Pobeda Air Company’s arrival in Armenia very important

... Russia’s Aeroflot Group, will become an important precedent, Sergey Avetisyan, head of the Armenia's General Department of Civil Aviation, told journalists on Thursday. Russia's Pobeda Air Company will start operating flights from Shirak Airport in Gyumri, the second biggest city in Armenia, to Russia's Vnukovo and back in late November 2016. The cheapest air tickets will be available for AMD 10,000, he said,... ... Airport’s competitive advantage is affordability of its tickets. Since Shirak Airport differs from Zvartnots Airport in quality, services here cheaper and passengers are exempted from air tax. Avetisyan said that the Armenian side is negotiating now with ...

10/27/2016


Qatar Airways operates Monday its first flight from Yerevan to Doha

... competitive and passengers will enjoy three-hour comfortable flights to Doha on Airbus 320 board. He stressed that a wide range of services, from a multiple-choice menu to entertainment, is at passengers' disposal here. Dunleavy said that Qatar Airways will ... ... local people. The number of flights, he said, will be increased as well. The Qatar Airways chief commercial officer said that Armenia is located on Europe-Asia crossroad, and therefore it has a chance to become a transit aviation hub. Dunleavy also said that an average age of liners at Qatar Airways doesn't exceed five years. He noted that the ...

05/16/2016


Chief Civil Aviation Department unveils list of Armenian airlines, eligible to operate flights

... both scheduled as well as non-scheduled flights. According to the list, they all operate 18 aircraft. The biggest fleet of 5 Soviet-made Antonov aircraft is boasted by Skiva Air. The South Airlines runs three Antonov aircraft and one Boeing B-737. The Armenian president's administration runs two aircraft - a Soviet-made Tu-134 and an Airbus A-319. The airline called Reliable Unique Services Aviation Ltd. owns a Soviet-made Antonov AN-74 and Atlantis European Airways and Taron-Avia have each more modern Airbus A-320 and Boeing B-737 respectively. An individual Tigran Gabrielyan is the owner of Jetstream 3201. According to the report, Armenia ...

04/02/2016


Air Armenia plans to resume operation

... bankrupt. Hambardzumyan said the East Prospect Fund that holds 49% of shares had paid part of debts including debts to navigation services, aviation fuel and so forth. "The company plans to return to the market, but now it is difficult to say how soon it will happen ... ... problems with financing, and will definitely return to the market," Hambardzumyan said. A court in Yerevan declared Air Armenia bankrupt based on a claim filed by HSBC Bank Armenia due to a 2.150 million euro debt. Air Armenia took the case to the ...

03/16/2016


Nordavia-Regional Airlines to operate three weekly flights from St. Petersburg to Yerevan

... of the company, Nordavia-Regional Airlines will operate three flights a week to the Armenian capital. Nordavia - Regional Airlines operates scheduled and charter flights... ... aircraft. In 2009, the airline was awarded IOSA certificate of quality and safety of services. Since 2011 it has been a member of IATA. Acting on a recommendation by McKinsey... ... Foundation of Armenia the Armenian government liberalized in 2013 October the domestic civil aviation sector saying that all local and foreign airlines meeting safety standards...

01/15/2016


Two air companies apply for passenger transportation certificates

... air companies applied for obtaining certificates for implementation of passenger transportation, Anna Chobanyan, head of the Armenian economy ministry department in charge of economic regulation in civil aviation, said last Friday. She said the government has updated the certification process, having in particular, established a council that reviews all the applications for permission to provide air services. According to Chobanyan, the revised certification procedure is expected to rule out bankruptcies of airlines. After ...

12/28/2015


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