Russia halts air navigation services to Air Armenia September 11, 2014 - 18:25 AMT PanARMENIAN.Net - Russian State Corporation for Organization of Air Communication announced plans to suspend air navigation services to Air Armenia over the airline’s outstanding and current debts of $1.1 million staring from September 21, ARKA reported. According to the state-owned corporation, Air Armenia had repeatedly been given postponement for the outstanding air navigation services payments "Despite the fact that the Air Armenia was given every opportunity to pay off the existing debts, the company’s management has not taken effective measures to reduce the debt burden," the Russian provider said. The Russian company said it will resume air navigation services for the Armenian carrier immediately after full repayment of outstanding debts and guarantees to pay the current debt. Air Armenia operates two daily flights to Moscow, as well as flights to St. Petersburg, Yekaterinburg, Sochi, Krasnodar, Samara and Nizhny Novgorod. The company was founded in 2003. it began passenger transportation in 2013. 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 | Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. Armenia not going to war over Karabakh, says Pashinyan Armenia is not preparing to fight a war for Nagorno Karabakh, Prime Minister Nikol Pashinyan said in an interview. Caring for nature, we have started with ourselves - Team Telecom Armenia Team Telecom Armenia summarized the work undertaken within the company in the direction of environmental protection. Azerbaijani President travels to Moscow Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. |