Airlines
Air Arabia Partners with Investment Group to Launch New Armenian Airline
The new airline joint venture is expected to lead to dramatic improvements in flight connectivity for Armenians living overseas.

The Armenian National Interests Fund (ANIF) and UAE-based low-cost carrier Air Arabia this week announced plans to launch a new Armenian national airline. In an agreement signed on July 14, a new independent joint venture company will operate services from a base at Zvartnots International Airport in the Armenian capital Yerevan.

“The new national airline will serve the strategic vision of Armenia’s fast-growing travel and tourism sector as well as contribute to the country’s economic growth, while providing Armenians with reliable and value-for-money air travel,” the partners said in a joint statement to media.

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