Aviation

TAROM revenue falls after senator warns of imminent bankruptcy

Based on · First reported

TAROM revenue falls after senator warns of imminent bankruptcy
Image: antena3.ro
  • Former TAROM chief Bogdan Costaș said Senator Cristian Ghinea’s statements had immediate effects on the airline’s cash‑flow, causing a sudden drop in revenue during the holiday ticket‑buying period.
  • He added that both private customers and companies stopped buying tickets, charter contracts were put on hold, and lessors – especially those leasing two Boeing aircraft – visited Bucharest to assess the impact.
  • Ghinea warned that TAROM could go bankrupt within six months and advised people not to purchase tickets more than two months in advance, while the airline remains in a restructuring program of over 95 million euros expected to finish by the end of the year.
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