"Trace"according to the source, on April 27, 2023, Air Arabia CEO Adel Ali handed over a document to Nikol Pashinyan during a meeting with him.
It summarizes the agreements of the RA government and Air Arabia in creating the "Armenian National Airlines" CJSC (better known by the "Fly Arna" brand) and the process of their implementation. no note.
Instead, it is said that Ali, expressing his satisfaction with the cooperation with Armenia, noted that it has a great potential to develop. "He expressed Air Arabia's willingness to continue and expand joint programs.
The parties discussed the development prospects of Fly Arna airline, a joint venture of the State Interest Fund of Armenia (ANIF) and Air Arabia group." However, the points mentioned in this document that came into our hands allow us to say that the meeting was not about expressing satisfaction to each other, on the contrary If we describe it briefly, the document is a unique reminder to the Government regarding the steps promised by the Armenian side, but not taken.
Let's remind that the existing and deepening contradictions between the RA government/ANIF and Air Arabia eventually became the basis for the failure of the joint project.
"Fly Arna" stopped its flight operations in January 2024, and the contracts signed with the employees were terminated in May. In addition, this document also contains information about other Armenian air carriers, and it is not excluded that the latter were not even aware of the steps planned for them, which , according to the Armenian-Arab agreements, the RA government should have done. The document was drawn up in April 2023, that is, it describes the situation as of that moment.
According to our information, it was made by Air Arabia, which, let's remind, was the managing organization of "Fly Arna", and also has a 49% share in "Fly Arna" through its affiliate International Business Company (FZE).
Another 49% belongs to the Armenian ANIF, which is a state company, and the owner of the remaining 2% is Varuzhan Nergizyan, an Armenian businessman known in the Arab world: "Fly Arna. strategic vision of joint venture creation - existing situation comparative". this is the name of the document presented to Pashinyan by Adel Ali."
Full article:on the source site.
