YEREVAN.- Armenia-based Krunk Air will try to revive Armenian aviation after Armavia’s bankruptcy announcement, company’s director told Armenian News-NEWS.am.

Director of the air company Vladimir Poghosyan said they would receive the first Airbus A340 this April and then another two A320 aircrafts. The company will try to increase the number of planes to eight, all of which will be owned by the company, he stressed.  

“Krunk Air has already offered jobs to Armavia maintenance staff. We will try to save Armavia employees who were thrown out,” said Poghosyan.

Government is one of the shareholders of Krunk Air company which was registered three years ago.