The "Armavia" company has not yet started bankruptcy proceedings. In this context, it is very much important to preserve the material and technical
facilities of the air company as well as its staff, the head of Armenia's Public Council, Vazgen Manukyan, said at today's session of the Council.
He said that both Armavia with its incorrect management and the state, staying aside from the problems of the national air carrier, are blamed for the situation created in the civil aviation of Armenia. The monopoly of the air company as well as of Zvartnots airport also played a negative part in this problem. "Resolving of this problem is very much important for Armenia in the context of ensuring its security", - Manukyan said.
For his part, a member of the Council, Vazgen Safaryan, said that the total debt of the air company to the state amounted to 6,9 bln drams plus more than 12 bln drams of fines. Moreover, Armavia owed $35 mln to banks. The statement by the leadership of Armavia to suspend flights and start the bankruptcy proceedings seriously damaged interests of passengers and has resulted in sharp growth of the air ticket prices... The Public Council offers the government to take measures for the obligatory availability of the national air company. The Council has also offered the government to become an
intermediary between the national carrier and "Zvartnots" airport for resolving of all the problems, including the refusal of the monopoly rights by the airport.
To note, Armavia air company has started the bankruptcy proceedings since 1 April 2013 and stopped all the flights.