00:12, October 03, 2015
Armavia, regarded as Armenia’s flying colors, could have continue to operate. However artificial its dominancy over the ruins of Armenian Airlines may appear, the liberalization of the aviation sector – with all its negative consequences - was equally natural. In the history of Armenian aviation, the ten years between 2003 and 2013 will perhaps go down as the Armavia decade, rich with the extreme ups and downs particular to the aviation of independent Armenia.
00:12, July 23, 2015
Despite Baghdasarov’s estimate, in actuality Armavia flew over 800,000 passengers in 2010 (see the infograph above for number of passengers from 2003 to 2010). The discrepancy is incomprehensible —either Baghdasarov was needlessly disappointed or the company’s figure was inflated.
18:54, June 12, 2015
Later on, many experts and company employees would draw comparisons between Siberia and the Baghdasarov eras, in favor of the former, pointing out poor management during the tenure of the Armenian oligarch that came to the fore in different ways and something that wasn’t even refuted at the top echelons of Armavia (while naturally pointing to the “faults” of others in the company’s failures).