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Armavia put up for sale
Armavia Airline Company owned by prominent Armenian businessman Mikhail Baghdasarov is selling its shares, Nana Avetisova, a spokesperson for Armavia national carrier, told A1+.
"We do not know who will be the next owner of the company as many have expressed a desire to buy it," she said.
Recently, Armavia had problems with Zvartnots Airport due to debts. the amount of the debt is kept secret as it is considered to be a trade secret.
