Armavia is an airline based in Yerevan, Armenia. It operates international passenger services from Yerevan to destinations in Europe and the Asia. Its main base is Zvartnots International Airport, Yerevan.
The Armavia company was established in 1996, but commercial flights to Russia and Turkey only started in 2001. In 2002 the Russian airline S7 Airlines purchased 50% of Armavia's shares from the "Chernomoravia" company. S7 later bought an additional 18% of shares from Mika Armenia Trading company. An investment contract between S7 Airlines and Armavia was signed on 14 March 2003, at which point 68% of Armavia's shares were owned by S7 Airlines, and the remaining 32% by Mika Armenia Trading. In 2005, Mikhail Baghdasarov's Mika Armenia Trading bought S7's 68% of shares and became Armavia's principal shareholder with a 100% stake in the company. The airline is owned by Aviafin (70%) and MIKA Armenia Trading (30%).

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