newstodate.aero
Apr 02, 2013 (newstodate): Armavia has become the latest addition to the expanding list of airlines filing for bankruptcy in 2013.
The carrier has announced the decision to start bankruptcy proceedings from April 1, 2013, at the same time suspending all operations.
Already from March 29, 2013, all flights by Armavia were cancelled, and the aircraft fleet comprising two airbus A320, three CRJ200 and three Boeing 737-500 grounded.
Facing courts are a pile of debts to a long list of creditors including airports and banks as well as service providers.
In 2011, Armavia became the first commercial operator of the Sukhoi Superjet 100 aircraft that entered commercial service from April 21, 2011.
A second Superjet 100 aircraft was also delivered, but both aircraft have long been grounded in Russia as Armavia failed to meet its contractual obligations concerning lease payments and maintenance bills.
The country's only international airline, Armavia was set up in 1996 as a successor to Armenian Airlines that also went bankrupt.
The carrier has announced the decision to start bankruptcy proceedings from April 1, 2013, at the same time suspending all operations.
Already from March 29, 2013, all flights by Armavia were cancelled, and the aircraft fleet comprising two airbus A320, three CRJ200 and three Boeing 737-500 grounded.
Facing courts are a pile of debts to a long list of creditors including airports and banks as well as service providers.
In 2011, Armavia became the first commercial operator of the Sukhoi Superjet 100 aircraft that entered commercial service from April 21, 2011.
A second Superjet 100 aircraft was also delivered, but both aircraft have long been grounded in Russia as Armavia failed to meet its contractual obligations concerning lease payments and maintenance bills.
The country's only international airline, Armavia was set up in 1996 as a successor to Armenian Airlines that also went bankrupt.