Armavia (Armenian: Արմավիա) was an airline company in 1996–2013, operating as Armenia's flag carrier, with its head office on the grounds of Zvartnots International Airport in Zvartnots, Armenia, near Yerevan. It operated international passenger services from Yerevan to destinations in Europe and Asia. Its main base was Zvartnots International Airport.
On March 29, 2013, Armavia announced the decision to begin filing bankruptcy proceedings and suspend operations on April 1, 2013. All flights had been cancelled as of the evening of March 29, 2013.
The Armavia company was established in 1996, but commercial flights to Russia and Turkey only started in 2001. In 2002, a strategic alliance was set up with the Russian airline S7 Airlines which purchased 50% of Armavia's shares from the "Chernomoravia" company under the name of the "Aviafin" company registered in Armenia but which belongs to the leadership of S7 Airlines as natural persons. Later, it bought an additional 18% of shares from Mika Armenia Trading company owned by prominent Armenian businessman Mikhail Baghdasarov. 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.
Armavia Flight 967 was a flight operated by Armavia, the largest international airline of Armenia on May 3, 2006, from Yerevan in Armenia to Sochi, a Black Sea coastal resort city in Russia. The aircraft crashed into the sea while attempting to conduct a go-around following its first approach to Sochi airport, killing all 113 aboard.
The accident was the first major commercial airline crash in 2006 and the fifth highest death toll of any accident involving an Airbus A320 after Gulf Air Flight 072, Germanwings Flight 9525, Indonesia AirAsia Flight 8501 and TAM Airlines Flight 3054.
The aircraft was operating a flight from Zvartnots International Airport (EVN) with a scheduled departure time of 01:45 Armenian Daylight Time (20:45 UTC, May 2) and an arrival time at Adler-Sochi International Airport (AER) of 02:00 Moscow Daylight Time (22:00 UTC, May 2).
In order to make their decision for departure, the crew obtained the observed weather data and the weather forecast for the takeoff, landing and alternate aerodromes all of which met the requirements for IFR flights. All the crew were correctly licensed and adequately rested to operate the flight.
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