SALARY DEBT OWED TO "ARMENIAN AIRWAYS" FORMER EMPLOYEES<br /> IMPOSSIBLE TO PAY IN FULL<br /> IMPOSSIBLE TO PAY IN FULL
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SALARY DEBT OWED TO "ARMENIAN AIRWAYS" FORMER EMPLOYEES
IMPOSSIBLE TO PAY IN FULL

  • 16-04-2007 19:00:00   | Armenia  |  Economy
YEREVAN, APRIL 16, NOYAN TAPAN. Debt of the total amount of 169 mln 297.9 thousand drams (about 457 thousand USD) owed to 331 former employees of Armenian Airways airline is impossible to pay in full. NT correspondent was informed at the RA Civil Aviation Main Department that the employees will receive their salaries according to their place in the list, and their demands will not be completely met because the bankrupt airline's assets made only 28 mln drams after the last auction. Besides, debt of 1.7 ln drams is owed to 109 persons recceiving benefits from the airline. According to the same source, the salary and final payment-related liabilities to 462 employees of the airline initially amounted to 240 mln 980.9 thousand drams. 71 mln 683 thousand drams of this sum was paid to former US representative of Armenian Airways K. Arustamian.
  -   Economy