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Aircraft and finance. Armavia for sale: possible interest on the part of Italian buyers

Yerevan, Armenia - In the past six months the company has amassed 5.3 million dollars in debt

Armavia, the most important Armenian airline, will be sold soon, according to reports by local media. The carrier, through its press secretary Nana Avetisova, has communicated that currently there are two possible buyers, and one of them is an Italian company, "But there is no final decision if the Italians will be the buyers or not". The reason behind the sale is the persisting unprofitablity of...

AVIONEWS - World Aeronautical Press Agency - 1145870

AVIONEWS - World Aeronautical Press Agency
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