Armenia liberalizes air traffic market

Hasmik Dilanyan

The Armenian Government decided today to liberalize the air traffic market. The “Open air” policy will have a positive influence on the economy, will create jobs and contribute to increased number of passengers and lower ticket prices.

Prime Minister Tigran Sargsyan reminded during the cabinet meeting today that the National Competitiveness Council had signed a contract with the McKinsey & Company to work out the best strategy of the sphere for Armenia.

“The strategy has been discussed with the President of the Republic twice, experts of the McKinsey & Company have visited Armenia for several times. According to the best specialists of the sphere, Armenia should take the path of liberalization, which will promote the rise of the GDP, create jobs, make the services more convenient and cheaper. There are the main provisions reflected in the strategy,” the Prime Minister said.

According to experts, the “Open air” policy will ensure a 1-2% economic growth and will create 18-23 thousand jobs.

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