New Armenian national airline
On 1 September, the Armenian National Interests Fund (ANIF) and Air Arabia Group announced that its newly formed joint-venture is to be called Fly Arna. The name of Armenia's new national airline was selected after a "name the airline contest" and is based on ARmenia and NAtional. The joint-venture between ANIF and Air Arabia Group was signed in July and will now work on obtaining its AOC so that it can launch flights.
Fly Arna will be operationally managed by Air Arabia Group, which will also provide aircraft coming from its open orders with Airbus. In total, Air Arabia Group owns 49% of the joint-venture, with ANIF the remaining 51%. The airline will be based at Yerevan and operate via the same low-cost operating model as Air Arabia. The exact fleet and destinations will be announced in due time.
The Air Arabia Group, which is based at Sharjah, also has operations and joint-ventures in Abu Dhabi (since 2020), Egypt (since 2010) and Morocco (since 2009). Today, the Group has a fleet of 52 A320s and six A321neoLRs. It also has open order with Airbus for 73 A320neos and 41 A321neo(LR)s.
Photo by Air Arabia Group.