Armenia weighs liberalisation options

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US management consultancy firm McKinsey has been hired by the Armenian government to advise on ways to liberalise the nation's airline industry.

This follows Armenia's endorsement of a programme for developing competitive and steady air transport services.

"In essence, it is tantamount to an open-sky policy," says prime minister Tigran Sargsyan. "It should have the greatest positive impact on the economy, leading to traffic growth, lower fares and new jobs.

"We've signed a contract with McKinsey, which will help implement and steer this strategy."

Based on consultations with McKinsey, Armenia's civil aviation administration will soon invite tenders for providing air services to and from the country. They will be open to domestic and foreign airlines, says Sargsyan.