Yerevan-Tbilisi flights suspended due to unprofitability

Yerevan-Tbilisi flights were canceled due to unprofitability, Armavia president Mikhail Bagdasarov said on Feb. 3, adding that within 10 months of 2009 the losses reached $3 million.

He also noted that the company requested assistance of Tbilisi airport to cut taxes.

“For each passenger we pay ?21 plus other expenses, but they refused to do so. Therefore, we decided to suspend the flight,” Bagdasarov stated underlining that Georgian colleagues eventually lowered the tariffs and most possibly Yerevan-Tbilisi flight will be carried out starting Feb. 10.

This year Armavia will operate new flights to Cyprus, Tel-Aviv, Delhi, Barcelona, and increase number of flights to Italy up to 4-5 times a week.

/News.am/