According to news from Aircompany Armenia, the airline still remains in the red but insists it will become financially successful in three years’ time.
Last week at MITT 2016, Armenian Ambassador to Russia Oleg Yesayan attended the opening ceremony of Russia’s most important travel expo.
According to news from Armenia’s Economic Ministry, some 35,000 Iranian tourists visited the country in the first half of this 2014. Over 495,000 tourists from Iran came to Armenia, an increase of some 17.3% compared to the same period last year.
In hotel news from Armenia, a new Hyatt property is slated to open in 2015. The Hyatt Jermuk will reportedly be an 88-room new-build hotel in the center of Jermuk Resort.
News of Armenia’s national airline Armavia going into bankruptcy proceedings took another twist today as rumors surface the fallen airline may be bought up, according to news from 168 Hours.
Research recently conducted by the Heritage Foundation in the US shows the current state of economic freedom around the world. Where CIS countries are concerned, the study made several somewhat surprising findings. One such finding was the 38th position among 177 countries Armenia currently holds. This places the small republic at the top of all CIS countries.
In news from Armenia, big changes in the visa regime have been announced. As of January 10, all visitors hailing from EU nations can now enter the country without needing to apply for a visa beforehand, reports Oratert.com.
Armenia is one of the least understood, and most fascinating places in the world. Today we want to bring you a little piece of culture from there, a place you undoubtedly never heard of, the Yerevan Flea Market. Called Vernissage from the French meaning “varnishing” (or an art preview), this world class flea market slash swap […]
According to the news from Azerbaijan, Polish President Bronislaw Komorowski met with Azerbaijani Parliament Speaker Oktay Asadov today to further strengthen those nations’ ties. The meeting in Baku, Komorowski’s first stop on a trou that covers Azerbaijan, Armenia, and Georgia, was primarily focused toward Poland’s interests in Azerbeijan’s energy sector.