Armavia Airline To Purchase A-320, Russian Regional Jet Planes In 20

ARMAVIA AIRLINE TO PURCHASE A-320, RUSSIAN REGIONAL JET PLANES IN 2008

ARKA News Agency, Armenia
Aug 29 2007

YEREVAN, August 29. /ARKA/. The Armavia Airline intends to replenish
its air park with two planes, A-230 and Russian regional jet, in 2008,
Secretary of the Armavia Airline Zhasmen Vilyan reported that this year
Armavia has purchased a Boeing 737-300 designed for 126 passengers.

"At present, the airline’s fleet mostly consists of A-319 and A-320
planes, which have been seriously modernized," she said.

Vilyan also reported that during the period under review, the
airline opened two new air routes – Yerevan-Cologne-Yerevan and
Yerevan-Lyons-Yerevan.

"A new air route, Yerevan-Los Angeles-Yerevan, has been elaborated,
and Armenian-American governmental negotiations are being held over
it," Vilyan said.

Earlier, the owner of the Armavia Airline Mikhail Baghdasarov pointed
out that the air park of the airline consists of seven planes, namely,
one IL-86 (which is currently being repaired in Voronezh), YAK-42,
one Boeing and three Airbus.

During the period under review, the airline increased the number of
its scheduled flights to 2,741 against 2,195 in the corresponding
period last year – a 24.9% increase.

In the first half of 2007, the airline transported 227,000 passengers
against 182,100 passengers in the corresponding period last year –
a 24.7% increase.

In the first half of 2007, the Armavia Airline transported a total of
1,310 tons of cargoes – a 10% increase compared to the corresponding
period last year (1,192.2 tons).

The Armavia Airline was founded on December 12, 1996. Since June 2005,
the airline has been owned by the owner of the MIKA Armenia Trading
Company Mikhail Baghdasarov.