Armenian Airlines Pilots Unpaid, Sue

Armenian Airlines declared bankruptcy on April 15, 2003, but it seems its pilots have still not been paid.

Employees of Armenian Airlines are going to stage a demonstration at the government building to demand their salaries, which they have not received. The total sum makes up 187 million Armenian Drams [about $510,000].

A committee has been set up to conduct the sale of the property of the liquidated Armenian Airlines. The committee member receive more than 1.5 million Armenian Drams in salary. As of December 1, the committee had 170 million Armenian Drams and $111 thousand at their disposal but no payment has been made except for value added tax.

The committee says it waits for the Law on Bankruptcy to be amended, which will give benefits to the pilots. By the time the law is adopted, very little money will be left to be paid for salaries.

Did I mention that the airline was government-owned? This isn't bureaucratic incompetence: it is theft.

Source: Panorama