Armavia Air Company (Yerevan, Armenia) suspended all operations yesterday (March 29) and plans to filed for bankruptcy on Monday (April 1) according to local reports. The company was previously planning to operate through tomorrow but this has changed. No flights are operating today.
At the end, the flag carrier was operating one Airbus A320, three Boeing 737-500s and three Bombardier CRJ200s. One Airbus A319 was operated for the government of Armenia.
Armavia Air company LLC was established in December 12, 1996 and had been struggling financially.
Copyright Photo: Gerd Beilfuss. Airbus A319-111 D-AVYM (msn 3834) became EK32007 on delivery. However this airframe has since gone on to FlyGeorgia as 4L-FGA.
Armavia (Yerevan) does not intend to suspend or abandon its Sukhoi Superjet 100s following the crash of the same type near Jakarta, Indonesia according to this article by Trend. According to the article, the airline does not have any serious objections to the jetliner and was one of the early operators of the type.
Armavia Air Company (Yerevan) today (March 6) staged a short-lived “strike” against airport fees in Armenia. According to this report by ArmeniaNow.com, the cancelled flights were to protest what the airline termed “unfair administrative fees” at Yerevan’s Zvartnot’s International Airport. Meanwhile the airport retorted, stating the airline was grounded because of its outstanding debts that prohibit it from flying to Russia (see the previous report about Transaero Airlines).
Armavia is now flying again. However is the company in financial trouble?