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SIBERIA SUBJUGATES AVIATION OF ARMENIA

Economy

Today “Armavia” and Russian “Siberavia” Companies announced about forming a strategic union .

The parties signed a number of commercial contracts as long ago as September-October.

Samvel Margaryan, Head of Chief Department of Civil Aviation, considers the union to be “one more step in Armenian-Russian friendly relations” .

Anton Yeryomin, Commercial Manager of ”Siberia” Airline, informed “Siberavia” to hold the second place by working volume in Russia and to be in the lead in the market of home air traffic.

The sides didn’t inform the journalists what levels for collaboration will be. The distributed press reference book said: ”Siberavia” becomes the chief agent of “Armavia”, exploiting not only own nets of passenger ticket sale but also those in Russia and abroad” .

Exploitation of well-known aerotechnics is planned under the contract of both companies.