British Airways finalizes decision on Armenia-bound flights’ low profitability![]() August 28, 2012 - 17:16 AMT PanARMENIAN.Net - British Airways finalized decision on extremely low profitability of Armenia-bound flights. Instead, the airline will operate flights to Azerbaijan’s and Georgia’s capital cities Baku and Tbilisi respectively. The company terminates activity in several countries, including Armenia. As sources told PanARMENIAN.Net low-profitability was mentioned as the key reason behind the decision. British Airways operated no flights to Yerevan in the past few years, with BMI launching flights to Armenian capital instead. Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news |