Armenian Airlines
| Armenian Airlines | |
|---|---|
|
|
| IATA code : | R3 |
| ICAO code : | RME |
| Call sign : | ARMENIAN |
| Founding: | 1991 |
| Operation stopped: | 2004 |
| Seat: |
Yerevan , Armenia
|
| Company form: | State enterprise |
| Fleet size: | |
| Aims: | |
| Armenian Airlines ceased operations in 2004. The information in italics refer to the last status before the end of operation. | |
Armenian Airlines was the national airline of Armenia from 1991 to 2004 .
history
Armenian Airlines was founded shortly after independence in 1991 and held a monopoly until 2002 when private competitors Armenian International Airways and Armavia entered the scene. The main base was the Yerevan (Zvartnots) international airport . Until 1997, Armenian Airlines was profitable. The director Arsen Avetisjan blamed the economic crisis in Russia at the time for the losses in 1998 . When Armavia (then part of Siberia Airlines ) signed a contract with the Armenian government that secured Armavia lucrative routes such as Moscow - Yerevan , Armenian Airlines began its inexorable decline. In 2004 the company had to file for bankruptcy.
See also
Web links
Commons : Armenian Airlines - Collection of pictures, videos and audio files
