May 4, 2006 - 18:18 AMT
Insurance Company to Pay $20 Thousand to Families of Air Crash Victims
MIKA Ltd. President and owner of Armavia company Mikhail Baghdasarov confirmed insurance will be paid to families of the victims of A-320 plane crash. «The air company annually paid several million dollars of insurance and now it will pay some $20 thousand to relatives of the air crash victims.»

Mikhail Baghdasarov noted the crashed plane had no problems and enough fuel. He called to wait for the conclusion of French specialists and independent experts. In Baghdasarov's words, the air catastrophe inflicted rather large financial and moral damage to the company, reports the Public TV Company of Armenia.