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One of the medics held "hostage" by "Daredevils of Sasoun" group left the seized Police Patrol Service Regiment on July 29

U.S. Embassy urges Armenian government to take immediate steps to ensure violations of Armenians' constitutional and human rights do not recur

Armenian Police make statement: Leaders of protest action of July 29-30 resorted to sabotage and attacks

National Security Service of Armenia sets deadline for "Daredevils of Sasoun" to surrender: Otherwise they will be shooting at sight

More and more public and political organizations condemn past night's events in Yerevan

Prosecutor General's Office of Armenia initiates criminal case on fact of violence against journalists overnight into July 30 in Yerevan

Criminal charges brought against Heritage Party vice chairman Armen Martirosyan and activist Andrias Ghukasyan

EBRD to subscribe for 33,500,000 ordinary shares of Lydian International Limited at a price of C$11.39 Million

Jailed oppositionist Jirayr Sefilyan makes statement on recent events in Yerevan

Latest data from Healthcare Ministry: 73 people were hospitalized as a result of last night's events in Yerevan

Armenia's political forces and NGOs have already condemned last night's events in Yerevan

Armenia's Ombudsman: Police hinders detainees from meeting their lawyers

Deputy Chairman of Heritage Party Armen Martirosyan detained

Secretary General of CoE is concerned over events in Yerevan

According to Stratfor there is link between seizure of Police building in Armenia and negotiations over Nagorno-Karabakh settlement

Soldier of NKR Defense Army wounded

Oxfam jointly with EDRC summed up monitoring results of social service for lonely elderly programs

US Embassy to Armenia calls for immediate, safe, and unconditional release of medical personnel

Situation in Yerevan is relatively calm after clashes overnight

Supporters of Daredevils of Sasoun marching from Liberty Square to Khorenatsi Street

Protest of supporters of Daredevils of Sasoun kicks off on Liberty Square

Healthcare Ministry: Doctors, who are on territory of seized building, applied first aid to injured Araik Khandoyan

Helsinki Citizens' Assembly Vanadzor Office: Police has detained activists Albert Baghdasaryan and Hasmik Yevoyan

Armenian Police: Wounded members of Daredevils of Sasoun Artur Melkonyan and Armen Lambaryan are hospitalized

Beeline and Classical Music Development Foundation sup up annual results of cooperation

Armenian NSS informs about detecting new supporters of "Daredevils of Sasoun" group

Armenian Police: Two other members of Daredevils of Sasoun are wounded in firefight on the territory of the seized building

"Oxfam" Office in Armenia revealed certain omissions in "In-home social services for lonely elderly" program

Armenia's Police: Firefighting occurred on territory of Police Patrol Service Regiment-Araik Khandoyan is wounded

Armenian Ombudsman urges state bodies and public figures to activate efforts for eliminating any forms of human rights violations

VTB Bank (Armenia) is the first on Armenian market to launch money transfers via TelCell system

Journalist Levon Barseghyan to be released

Son of Arshak Sadoyan, member of Public Council, arrested over violence against police officer

Lawyer: Health condition of wounded Pavel Manukyan deteriorates, as he refuses food and medicines

Avaz Hasanov: Karabakh conflict can be settled by common consent, if Russia is left out of it

Director of Emergency Aid CJSC says wounds of members of "Daredevils of Sasoun" in territory of seized police regiment not heavy

Family of Monte Melkonyan addresses Serzh Sargsyan over arrest of Alek Yenigomshyan

Newspaper: General Vitaly Balasanyan again mediates talks between "Daredevils of Sasoun" and authorities of Armenia

Police search Alek Yenigomshyan's house

Sources: Missing contract officer of 102nd Russian military base in Armenia found

Standoff in Yerevan, where armed group of Karabakh War veterans seized Police regiment, enters day 13: no incidents occurred overnight

Vartan Oskanian urges immediate release of Alek Yenigomshyan

"Please take me as hostage": Supporters of Daredevils of Sasoun have new slogan for today's protest

Armenia's NSS established identity of person who made false alarm on terror threat on July 27

Beeline continues registering participants of "Eurasia Mobile Challenge" local round

66 citizens were detained on July 27, 61 of them released

Anti-crisis group: Armenian authorities' violent actions provoke a wave of civil disobedience

Opposition demands to convey extraordinary session of parliament while most of MPs have gone on holiday to the best foreign resorts

"Daredevils of Sasoun" addresses Diaspora and world community asking condemnation for "unlawful" detention of Alek Yenigomshyan

HRH Yerevan condemns police activities against peaceful civilians, while public organizations demand extraordinary session of parliament

Regional

Open skies policy to reduce prices of flights to Armenia by 10-50% on the average: CEO of National Competitiveness Foundation of Armenia

  • by Gayane Isahakyan

  • Wednesday, December 11, 07:20

The open skies policy will reduce the prices of flights to Armenia by 10-50% on the average. This will allow the country to additionally increase the GDP by 1.5% or $0.3-0.4 bln AMD per annum, Arman Khachatryan, CEO of the  National Competitiveness Foundation of Armenia, said at a press  conference on Tuesday.  

This indicator is mentioned in the program on ensuring provision of  competitive and longlasting air services in Armenia elaborated on the  basis of a joint survey by McKinsey&Company and the National  Competitiveness Foundation of Armenia. Khachatryan thinks that  Armenia will be able to reach that target in 3-4 years. "The conduct  of the open skies policy will lead to growth in the country's  commodity turnover and will increase the inflow of tourists", he  said. 

In particular, passenger operations are expected to rise by 20-25%,  he said. In the meantime, 18- 23 thsd well-paid jobs will be created  in the aviation sector.  

In the context of the new concept "at least one cost-effective air  company" will be launched in spring 2014. Khachatryan said that the  air ticket prices in that company will be low, and the company will  make flights to 10 cities of Europe. He failed to specify who is the  founder of the company, whether the state has a share in it and  whether the company has already been granted a license. 

Khachatryan pointed out that in Armenia air ticket prices are by 60%  higher than in the neighboring countries due to the restricted  geography of flights and low competition in the market. He thinks  that the open skies policy implies full liberalization of the  aviation sector. Moreover, the market will be liberalized for not  only foreign but also local air companies. "We suppose that by 2016  the number of foreign and local air companies in Armenia will range  from 40 to 50", he said. 

Air Armenia company appeared on the Armenian air market in Oct 2013  causing a significant drop in prices. Transporting cargoes since  2003, Air Armenia carried out its first passenger charter flight to  Rostov- on-Don on Oct 3 and the first regular flight to Moscow on Oct  27. The company has two planes: Boeing 737-500 and Airbus 320. 

The company's Executive Director Arsen Avetisyan told ArmInfo earlier  that it is inadmissible that local air carriers face restrictions,  while foreign companies enjoy open skies. He explained that it was the recommendation of the Government's advisor, McKinsey & Company,  who believes that in order to be eligible to provide air services, a  company should have a capital of at least $25mln and enough free  funds to operate at least five planes within three months. 

But, according to Avetisyan, in order to be able to do it, a company  should have a capital of no less than $60mln. This requirement seems  absurd to him as a company cannot have five planes unless it is  allowed to fly: no single leasing company will give it a plane –  whatever its financial status is – unless it has a license to fly.  So, Avetisyan sees in this recommendation an attempt to debar  national air companies from air services in Armenia and to  artificially restrict their activities so as to curb their  development.

In Jan-Oct 2013 1.5mln people used air services in Armenia (1.8% less  than a year before).

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