“Avia Invest” has debts of over 22m lei to CAA

The company “Avia Invest”, which manages the Chisinau International Airport, has an outstanding debt of over 22.3 million lei to the Civil Aviation Authority (CAA). Therefore, the CAA on May 5 asked to start an execution case, IPN reports, quoting a press release of the institution.

To recover all the debts of “Avia Invest”, a number of civil lawsuits were filed and a transaction contract between the CAA and “Avia Invest” was ultimately signed on July 5, 2019. By that contract, “Avia Invest” pledged to repay the debt to the CAA by monthly installments, according to the agreed timetable.

For this April, “Avia Invest” was to transfer over 11.158 million lei to the state budget, the treasury account of the CAA. “Avia Invest” didn’t pay the installment by the set time limit. This way, the overdue debt on May was 22.348 million lei according to the transaction contract.

According to the CAA, in 2017-2019 “Avia Invest” accumulated a debt of over 118 million to the Civil Aviation Authority following the nonpayment of installments for the supervision and maintaining of the airdrome certification conditions during 18 months.

These debts were accumulated when the Chisinau International Airport worked in normal conditions, with increasing passenger traffic, and the given sums were collected by “Avia Invest” from passengers for being transferred to the state budget, but were used for other purposes. The company also has outstanding current payments in supervision taxes for February and March totaling over 6 million lei.

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