This episode chronicles the history of Armavia, which served as the national flag carrier of Armenia from 1996 until its dissolution in 2013. Based at Zvartnots International Airport, the airline grew through strategic partnerships with Russian carriers and by acquiring routes from other failing companies. It reached several milestones, including becoming the global launch customer for the Sukhoi Superjet 100 and establishing a diverse fleet of Airbus and Boeing aircraft. However, the company’s legacy is also marked by a fatal 2006 crash in the Black Sea and ongoing financial instability. Ultimately, the source explains how severe economic depression forced the airline to suspend all operations and file for bankruptcy.