“For the past two years, hope is inspired to Armenia’s society that we will have a national carrier very soon.
`After Armavia going bankrupt, Air Armenia airline made a claim to become the national carrier of Armenia. In August of this year, the company announced that the financial problems will be solved soon, and the flights would resume soon. But it became apparent to Zhoghovurd that the court declared Air Armenia CJSC bankrupt, on November 2 2015. And the airline’s assets are seized,` the newspaper writes.
`If the airline does not wish to be declared bankrupt, it must submit a recovery plan. But under the circumstances, there seems to be no grounds for optimism,` Zhoghovurd wrote.
Air Armenia is declared bankrupt - Armenian `Zhoghovurd`
24 November 2015
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The tragic situation in Armenia
