YEREVAN. – Armenian capital city Yerevan’s Zvartnots International Airport is resuming its services rendered to Armavia Airline Company—which is Armenia’s national carrier—the airport’s pres secretary Gevorg Abrahamyan told Armenian News-NEWS.am.   

He informed that Armavia transferred AMD 90 million (approx. $ 221,575) to Zvartnots, and therefore its flights will be served until Thursday 11am, after which it will become clear as to whether the flights will continue. To note, Armavia’s total debt is $3,360,000, which is one million dollars more than the limit.   

Commenting on Armavia’s information provided to Armenian News-NEWS.am, and according to which the grounding of the company’s flights is linked with the emergence of a new shareholder in Armavia, Abrahamyan noted: “We have no information as to whether or not there is a new shareholder.” And he reconfirmed that the sole reason for suspending Armavia’s flights is its accruing debts.       

As Armenian News-NEWS.am informed earlier, the Zvartnots International Airport once again suspended its services rendered to the flights of Armavia Airline Company. According to our information, the reason is again Armavia’s huge outstanding debts to the airport. 

To note, Armavia’s flights were grounded in med-September as well, but, subsequently, the Armenia International Airports Company—which owns Zvartnots International Airport—had resumed Armavia’s flights because arrangement was made on the payment of debts.

The conflict between Armavia and Armenia International Airports continues for several months. Zvartnots had suspended Armavia’s flights a number of times, and for exceeding the limit for outstanding debts, but the parties had come to an agreement as a result of negotiations.