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May 22
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YEREVAN.- Armavia Armenian National Carrier will be sold to Italians, informed Armenian News-NEWS.am sources. To check the information we contacted press secretary of “Armavia” Nana Avetisova who refused to make any comments on the topic.  Recently media outlets have released information about selling Armavia. Armenian National Carrier will go into bankruptcy and shut down unless Zvartnots Airport changes its price policy, said owner of national air carrier Mikhail Baghdasarov.  “If we don’t come to an agreement we will declare bankruptcy, return the air-tickets, sell the airplanes and settle the debts,” said Baghdasarov. “If there is someone to buy the company, I will delightfully sell it.” Earlier Russan media outlets issued statement that Moscow resident Harutyun Pambukyan has proposed to Armavia’s owner Mikhail Baghdasarov $55 million, however  news about sale at that time were denied.
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