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YEREVAN. – Air Armenia airline, which is declared bankrupt, has introduced a recovery plan, but there is no information yet regarding investments.
The airline’s spokesperson, Sirak Hambardzumyan, told Armenian News-NEWS.am that the first court hearing was held on Tuesday.
“When there will be a court decision on the recovery plan, then we will talk about investments,” Hambardzumyan said.
In August 2015, Air Armenia had announced that 68 million US dollars in securities were put in its balance. But in November, the court declared this Armenian airline bankrupt.
