Georgian airlines offered to Armenian oligarch

Well known Armenian businessman and oligarch Mikheil Baghdasarov was offered the chance to buy Georgian airline Airzena. Baghsdasarov stated that such a move was unrealistic at this stage. He stated that the issue could be considered in time. Baghdasarov heads a holding 'Mika limited' which works in different directions such as: a cement factory, Armenian airlines Armavia, and Importer Company Mika International.

The Airzena press secretary confirmed that negotiations are underway but a final decision was still to be reached. Baghdasarov meanwhile denied allegations that he wants to move his capital to Georgia. On recent times there has been a tendency for Armenian companies to move their capital to Georgia. In 2010, 103 Armenian companies were registered in Georgia.