Armavia pays off debts to Rosaviatsia

15:20 20/03/2012 » Economy

Armavia pays off debts to Rosaviatsia

 Armenia national air carrier “Armavia” has discharged debts to the Federal Russian Air Transport Agency (Rosaviatsia), Russian news agency “Ria Novosti” reported. Alexander Rosaviatsia, manager of Rosaviatsia, has said Armavia will continue carrying out flights in the territory of Russia.

The Federal Russian Air Transport Agency (Rosaviatsia) banned Armavia’s flights to Russia on March 6 as long as the company would pay off debts.

However, Rosaviatsia allowed the flights noting that the agency received a letter of guarantees dated March 6 from Armavia, pledging to repay part of the debt for last December at the amount of USD 178 those by March 20, 2012.

Then Armavia appeared in talks with Zvartnots Airport demanding new pricing policy for the air company.

Source: Panorama.am

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