YEREVAN. – Armenian authorities must create favorable conditions for the local air companies, member of the Public Council said.

Levon Ghazaryan brought an example of Armenia-Russia segment where only one of eight companies is an Armenian one. Meanwhile, the price of airport services for the Russian companies is lower.

“Competition here is impossible,” Ghazaryan said during the Tuesday press conference.

Speaking about Armavia’s bankruptcy and possible opening of three new air companies, Ghazaryan said tender would be invited but did not specify the details. He recalled that the companies must meet international standards, including those on providing services.

Armenian companies working abroad can register here and participate in the tender, he said, adding that the income will go to the state budget.

As regards Krunk Company which reportedly stated readiness to invest around $1 billion, Ghazaryan said such amounts seem to be unrealistic.