Armavia owner denies debt to Sukhoi Civil Aircraft Company

Armavia owner denies debt to Sukhoi Civil Aircraft Company

PanARMENIAN.Net - The owner of Armavia Mikhail Bagdasarov denied the aircompany’s debt to Sukhoi Civil Aircraft Company (SCAC) for Sukhoi SuperJet 100 plane.

"The jet cost $20 million. We paid $16 million in advance, with $4 to be added. However, later we returned the plane. We believe we owe nothing for technical services, yet SCAC insists we are indebted $1 million in encumbrance charges," he said, noting the latters to be the responsibility of SCAC.

In August SCAC reported that Armavia owed $4million for the jet. As the Company noted, Armavia cannot return the plane the latter being encumbered by an Armenian bank, media sources say.

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