The former employees of Armavia Company have again addressed an open letter to the president of Armenia over arrears of wages. Armavia suspended flights 10 years ago.
In their letter, the former employees of Armavia ask the president to charge state agencies to oversee fulfillment of the law and pay the arrears of wages. They applied to the court demanding their daily benefits. As a result, the owner of Armavia Company Mikhail Baghdasarov adopted a decision to suspend the process of paying the arrears of wages. The court satisfied the application of the former employees, but Armavia has not paid them yet. They say the court has not recognized the company as bankrupt yet. Nevertheless, the company refuses to pay the arrears of wages for lack of funds, though it has lately sold two CRJ.
At Armavia they did not reply to ArmInfo's request for comments.
Armavia was earlier reported to owe 24.2 bln AMD (about $58 mln) to the state budget of Armenia, including 6.9 bln in taxes, and 17.3 bln in fines. The company was founded in 1996. It belongs to President of MIKA Limited Mikhail Bagdasarov, one of the largest businessmen of Armenia. Armavia made over 100 flights weekly to over 40 destinations.