HEAD OF MAIN DEPARTMENT OF CIVIL AVIATION: THERE IS NO CONCERN YET
ABOUT DEBTS OF AIRLINES OPERATING BETWEEN ARMENIA AND OUTSIDE WORLD

YEREVAN, AUGUST 29, NOYAN TAPAN. There is no concern yet about possible
debts of the airlines operating between Armenia and the outside world,
the head of the RA government-adjunct Main Department of Civil Aviation
Artyom Movsesian stated on August 29.

He explained that in international civil aviation, expenses are
compensated in a period of up to three months. By international
practice, the payments for airport services, in particular, for fuel
and aeronavigation services, are transferred to the International Air
Transport Assosiation (IATA) and the clearing house, collected and paid
to the airlines that provided services: this process lasts about three
months. "Carrying out activities in aviation for three months is
related to large sums and may cause someone’s concern. Today I see no
concerns," A. Movsesian said.

According to him, Armenia has air communication with 33 cities of CIS,
Europe and Asia.

To recap, recently a Russian carrier had problems because of
nonpayments for fuel, as a result of which many flights were delayed.

A. Movsesian said that the aviation fuel prices have declined somewhat
thanks to a fall in international stock prices of oil. This may be
conducive to a fall in prices of plane tickets, in which the share of
the aviation fuel cost is large.

From: Emil Lazarian | Ararat NewsPress