Air Armenia goes bankrupt
Air Armenia will be liquidated, the Zhoghovurd newspaper writes. According to the newspaper, the air company’s bankruptcy formalization is under way now in compliance with a decision made by the first-instance court of …
Air Armenia
Air Armenia declared bankrupt
The ‘Zhoghovurd’ newspaper reports that the general jurisdiction court of Yerevan’s Kentron and Nork-Marash communities declared Air Armenia bankrupt based on a suit filed by HSBC. "The airline’s …
Armenia: collapse of 'open skies' policy
Over the past two years the number of airlines flying to Armenia decreased by one third
Armenia needs public air carrier
Armenia needs a public air carrier to negotiate with international leasing companies, air carriers, and airports, the owner of the Turkish company Tower Turizm, Tigran Altun, said. "We used to have two aviation companies, both …