Leasing one more aircraft

04/04/2006

Yesterday the airline company that belongs to Mikhail Baghdasarov, “Armavia”, brought one more aircraft (Airbus A 319, made in 2004). This aircraft was leased on the basis of financial leasing agreement like the other aircrafts of the company, but Mr. Baghdasarov didn’t clarify the terms and conditions of the leasing agreement. This company that has a key role and big share in the Armenian civil aviation market is implementing a policy of opening new routes. But please note that their Yerevan – Tel-Aviv – Yerevan flight that was opened in January doesn’t operate yet. They have also lost their monopoly of operating a flight to Paris because “France Air” company will operate its first flight on April 8.