Armenian Airlines will be ceasing operations tomorrow April 15 leaving 1600 of its staff and 320 pilots unemployed.
The Armenian government will be transferring the operational rights of the state carrier to Armavia for the next 10 years, which is owned by Russia's Siberia Airlines. European destinations to be operated by Armavia will include AMS and FRA. It is rumored that Armavia will start operations to LHR sometime in the near future which was previously planned by Armenian Airlines for June 2002 but was dropped due to the difficult situation it was facing.
On the other hand, Armenian Int'l Airways will continue its services to CDG and has succeeded to take over the rights of few other destinations from Armenian Airlines including Athens, Beirut, Kiev and St Petersburg.
I'm sure, Scotty will have more details available soon.
In another news, it was anounced on Saturday that Yerevan's Zvartnots airport (EVN) will have a new terminal (rather a building) soon. $100m will be spent in the next 8 years by an Argentinian company, Aeropuertos de Argentina, for the modernization of the airport. It is planned to create a large duty free zone around the airport too.
The presentation with computer graphics animation I saw of the airport was quite impressive.
All the best,