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.............................. Armavia Aircompany
Logo and Trademark..............................
Armavia (Armenian: Արմավիա) is an airline based in Yerevan, Armenia. It operates international passenger services from Yerevan to destinations in Europe and the Middle East. Its main base is Zvartnots International Airport, Yerevan. The Armavia company was established in 1996, but commercial flights to Russia and Turkey only started in 2001. In 2002, a strategic alliance was set up with the Russian airline S7 Airlines which purchased 50% of Armavia's shares from the "Chernomoravia" company under the name of the "Aviafin" company registered in Armenia but which belongs to the leadership of S7 Airlines as natural persons. Later, it bought an additional 18% of shares from Mika Armenia Trading company owned by prominent Armenian businessman Mikhail Baghdasarov. An investment contract between S7 Airlines and Armavia was signed on March 14, 2003, at which point 68% of Armavia's shares were owned by S7 Airlines, and the remaining 32%, by Mika Armenia Trading.
In 2003, Armavia undertook part of the bankrupt Armenian Airlines' flights. In 2005, Mikhail Baghdasarov's Mika Armenia Trading bought S7 Airlines 68% of shares and became Armavia's principal shareholder with a 100% stake in the company. In 2005, the airline transported 513,800 passengers with over 550 people in its personnel. The turnover for 2005 amounted to roughly $90 million. The airline is owned by Aviafin (70%) and MIKA Armenia Trading (30%).
In October 2002, Armavia leased its first Airbus A320-211 (MSN: 726, Registration: EK-32007) from Siberia Airlines, it's principal shareholder, to serve routes to Turkey and Russia. It was followed by a second Airbus A320-211 ((MSN : 229, Registration : EK-32008) leased (from AWAS) in August 2003, which allowed the company to operate routes to Europe. Both aircraft had been originally owned by Ansett Australia before its bankruptcy in 2002. The first one was later sold to Georgian National Airlines in January 2004. In February and October of 2004, Armavia bought two more Airbus A320-211s (MSNs: 547 & 632, Registrations: EK-32009 & EK-32010, respectively), also formerly owned by Ansett Australia as VH-HYO and VH-HYS respectively, but both were lost in 2006: the first due to a crash at Sochi's Adler-Sochi International Airport on May 3, 2006, and the second, only a couple of days later, due to damage sustained during a fire in a Sabena Technics maintenance hangar in Belgium on May 5, 2006.
On March 28, 2006, Armavia leased a fairly new 2004-built Airbus A319-132 (MSN: 2277, Registration: EK-32011) acquired by Mika Armenia Trading from the now defunct Independence Air. This was soon followed by a second leased Airbus A319-132 (MSN: 2362, Registration: EK-32012) acquired by Mika Armenia Trading from the same source. The company is planning to add two more A320 family aircraft later this year to replace the two aircraft the carrier lost.
On May 15, 2007, Armavia began operating a Boeing 737-300 aircraft it bought from Georgian Airways. On September 14, 2007, Armavia signed a multimillion-dollar agreement with Russia's Sukhoi Civil Aircraft which will supply them with two SuperJet 100 aircraft by the end of 2008. Under the agreement, Armavia will also have an option to acquire another two SuperJet 100s in the future.
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