Fly Arna is a proposed low cost carrier, a JV between Armenian National Interests Fund and Air Arabia Group. The new Armenian national airline was announced in Sep-2021 and will be based at Yerevan Zvartnots International Airport. The carrier will apply for its air operator's certificate in the coming weeks.
In Oct-2021, Armenia's Government allocated AMD4733 million (USD9.9 million) in additional funding to the Armenian National Interests Fund (ANIF) to support the establishment of Fly Arna.
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