YEREVAN. – The delegation led by the Armenian deputy economy minister will visit a number of foreign countries to present Armenia's aviation market to the several low-cost carriers, Economy Minister Karen Chshmarityan said.

It became possible to reach agreement on a flexible tariff policy for budget companies with the International Airports- Armenia, the Minister added.

“We should not expect results tomorrow, but they will be surely achieved,” he added.

In general, the Minister added, passenger traffic in Armenia in 2014 increased by 21 percent.