HEAD OF MAIN DEPARTMENT OF CIVIL AVIATION: THERE IS NO
CONCERN YET ABOUT DEBTS OF AIRLINES OPERATING BETWEEN ARMENIA
AND OUTSIDE WORLD
29-08-2008 23:00:00 | Armenia | Economy
YEREVAN, AUGUST 29, NOYAN TAPAN. There is no concern yet
about possible debts of the airlines operating between Armenia
and the outside world, the head of the RA government-adjunct
Main Department of Civil Aviation Artyom Movsesian stated on
August 29.
He explained that in international civil aviation, expenses
are compensated in a period of up to three months. By
international practice, the payments for airport services, in
particular, for fuel and aeronavigation services, are
transferred to the International Air Transport Assosiation
(IATA) and the clearing house, collected and paid to the
airlines that provided services: this process lasts about three
months. "Carrying out activities in aviation for three months is
related to large sums and may cause someone's concern. Today I
see no concerns," A. Movsesian said.
According to him, Armenia has air communication with 33
cities of CIS, Europe and Asia.
To recap, recently a Russian carrier had problems because
of nonpayments for fuel, as a result of which many flights were
delayed.
A. Movsesian said that the aviation fuel prices have
declined somewhat thanks to a fall in international stock prices
of oil. This may be conducive to a fall in prices of plane
tickets, in which the share of the aviation fuel cost is large.