PILOTS OF BANKRUPT ‘ARMENIAN AIRLINES’ ARE PAID ARREARS OF WAGES AT LAST

arminfo
2008-02-11 21:15:00

ArmInfo. The Armenian government has paid all arrears of wages to the
employees of the "Armenian Airlines" company, which became bankrupt
in 2004.

Having received the wages accrued over4 years, the pilots expressed
their gratitude to Armenian Prime Minister Serzh Sargsyan and
leadership of the General Department of Civil Aviation (GDCA),
Press-secretary of GDCA of Armenia Gayane Davtyan told ArmInfo.

In 2004, when the "Armenian Airlines" company was dissolved, the
organization owed a total of 1,978 bln AMD to 744 employees. Later, 131
employees were paid 71,7 mln AMD. In 2007, the government allocated
56,6 mln AMD from the surplus fund, which reduced the arrears of
100 more employees of the bankrupt company. 234 employees were paid
the arrears of wages completely, for which 113,7 mln AMD had been
allocated. In addition, 169 employees were paid arrears of doles worth
a total of 36,7 mln AMD, and the families of 8 fallen pilots were paid
arrears worth 12,4 mln AMD. The Armenian government also paid the
debts to the company’s employees who got occupational diseases. At
the moment, the government still owes to 82 out of 744 employees,
and these arrears will be paid in the near future as 1,302 bln AMD
have already been allotted from the state budget for this purpose.

To recall, on April 13, 2007, Armenian Prime Minister Serzh Sargsyan
gave an instruction to consider the demands of the air company’s
employees and repay the accrued arrears of wages.

From: Emil Lazarian | Ararat NewsPress