18 Jul in 10:00 Eurasianet
Armenia is setting up a new national airline following nearly a decade without a flag carrier. President Armen Sarkissian and senior Armenian aviation officials signed an agreement with the United Arab Emirates-based low-cost airline Air Arabia on July 14 to create the new Armenian airline. Armenia is currently facing a challenging period. We appreciate our friends who stand with us, especially at this stage, to start new cooperation, a new project in Armenia,” Sarkissian said at the signing, Eurasianet
The contract is between Air Arabia and the state-run Armenian National Interests Fund, and it will establish an independent joint venture. The officials said the new national airline will be low-cost and based at Yerevan’s Zvartnots International Airport. The airline does not yet have a name; Armenian officials said they would be taking emailed suggestions from citizens.
Armenia to launch national airline
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