Mikhail Bagdasarov: Armavia’s losses incomparable to those of major European companiesMay 7, 2010 - 17:41 AMT PanARMENIAN.Net - Armavia’s losses, caused by volcanic eruption in Iceland are incomparable to those of major European companies, Armavia CEO Mikhail Bagdasarov stated. As he told a news conference on May 7, the company had to cancel 5 flights. “We don’t have the exact figure yet. At the moment, losses are being assessed.” The 2010 eruptions of Eyjafjallajokull were a sequence of major volcanic events at Eyjafjallajokull in Iceland which disrupted air travel across western and northern Europe over an initial period of 6days in April 2010. Further more localized disruption continued into May 2010. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |