Armavia owner meets Armenian president

Aykakan Zhamanak reports that Armenian President Serzh Sargsyan has met Armavia owner Mikhail Bagdasarov to discuss further actions regarding the company’s fate.

Rumours say that Bagdasarov has problems paying wages to staff of petroleum stations and plans to sell the Mika Cement factory.

The paper adds that Bagdasarov may actually be selling his companies and leaving the country. Armavia will return tickets for cancelled flights to passengers in April.

Adapted from:Vestnik Kavkaza