At focus
Air Armenia to suspend flights till at least Dec 20

Air Armenia to suspend flights till at least Dec 20

October 30
The management of Air Armenia national carrier made a decision about financial restructuring and changing the schedule, with flights to be suspended till at least December 20. As ARKA reported citing Air Armenia press office, media allegations about problems in the company led to an 80% reduction in sales, and, consequently, a critical drop in profits, which makes operation of flights impossible at the moment. The company will focus on most demanded directions, try to attract new funds, get back its two A320 planes that are currently in maintenance and resume flights as per the schedule from December 20, the report said. The company made the decision after a year of operations in the Armenian market and passenger flights to Russia and Europe. This year was full of achievements and unpleasant surprises, with attempts to hamper company’s operations to create favorable conditions for overseas air companies, the report said. Apart from this, the statement by the Russian state corporation of air traffic on suspension of cooperation with Air Armenia caused serious financial damage to the company, undermining its authority, the report said. The allegations created panic among passengers, debtors and creditors. Many passengers returned their tickets, creditors canceled earlier agreements and demanded their money back, debtors refused to pay costs of the tickets bought before, according to the report. Apart from this, at present the company has only one aircraft to operate all the flights, with the others are undergoing technical maintenance in Holland. Air Armenia is the only company in the local market of air transportation. Armenia’s previous national carrier Armavia went bankrupt in April 2013.
Unidentified drones fly over seven French nuclear plants
Unidentified drones fly over seven French nuclear plants According to the company, the first drone flew over its Creys-Malville plant at Isere in south-east France, 50km east of Lyon.
USC to host event on 'Denial of State Violence'
USC to host event on 'Denial of State Violence' Dr. Göçek analyzed the impact of processes such as development, nationalism, religious movements and collective violence on minorities.
Apple in early talks to bring iPhone to Iran: report
Apple in early talks to bring iPhone to Iran: report In its most recent earnings report, Apple shared that 60 percent of its revenue for the quarter came from international sales.
Armenian Ministry of Emergency Situations gets diesel generator
Armenian Ministry of Emergency Situations gets diesel generator The 3-phase Perkins P440E 400-Volt diesel generator set is capable of producing 360kW of electrical energy within an hour.
Russia agrees to resume gas supplies to Ukraine in EU-brokered deal
Russia agrees to resume gas supplies to Ukraine in EU-brokered deal The terms include the EU acting as guarantor for Ukraine's gas purchases from Russia and helping to meet outstanding debts.