Aviation liberalization may result in economic growth – Armenia’s economy minister
The Armenian government’s decision to liberalize Armenia’s aviation may result in 1% -2% mid- and long-term economic growth, Armenia’s Minister of Economy Vahram Avanesyan told journalists on Wednesday.
The basis for the forecasts is experts’ expectations of 20 to 25 percent increase in flights.
“We think our priority task is to reduce the ticket price as much as possible and ensure as high passenger traffic growth as possible. Other sectors will only benefit. We need several years to see the results,” the minister said.
With respect to a national air carrier, Mr Avanesyan said that small countries normally find it difficult to have profitable national air carriers.
On the other hand, the Armenian government will spare no efforts to create an airline company that will have to compete with foreign airlines.
Armenia is conducting negotiations with a number of states over free airspace agreements.
“There will not be restrictions to the number of flights or directions. I am sure we will have more European directions. I am optimistic and I am sure we will see results of liberalization in a year,” the minister said.
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