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Armavia goes bankrupt, aircraft grounded from April 1st

Yerevan, Armenia - The company, founded in 1996, was the launch customer for the Superjet 100

Armavia, the most important Armenian carrier, is just two days away from bankruptcy: the company indeed communicated that its aircraft will remain grounded starting from April 1st. "Aviation -the bulletin of the airline reads- is an area where one shouldn’t be satisfied with what has already been achieved. In recent three years, the owner of Armavia (entrepreneur Mikhail Bagdasarov, Ed.), invested m...

AVIONEWS - World Aeronautical Press Agency - 1151053

AVIONEWS - World Aeronautical Press Agency
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