ZVARTNOTS TO EARN BACK $200 MILLION INVESTMENT IN 30 YEARS

Panorama.am
18:29 01/06/2007

The first flight was annouced in the newly opened departure hall
of Airport Zvartnots today. Gevorg Abrahamyan, press secretary of
Armenia International Airports, said the hall complies with high
quality airport standards. The hall is capable to serve up to 1000
passengers in an hour due to its 12 checkpoints.

Abrahamyan said the passengers will not pass customs checking but only
border checking. Pablo Gechijyan, director of Armenia International
Airports, assured the new complex may serve up to six flights. "The
new complex has Duty-free services, beautiful seats looking to
the flight field and Mount Ararat. There is a cafe, new toilets,
a business section and a smoking section. The complex is going to
support transit flights," Gechijyan said.

"Zvartnots is unique in the region in terms of its quality and
facilities for transit flights. It gives great advantages in terms
of competition to the Armenian air companies," he added.

In the words of the director, in 2010, another complex will be
commissioned. The glass complex will have a car park with a park
behind, Gechijyan said. Some $100 million is expected to cover the
construction, as much as spent on the operating departure hall. The
director of Armenia International Airport says they plan to have to
money back in 30 years.