US EditionAn Enormous Company in Romania Has Entered the Bankruptcy. the State Holds 75% of the Shares
6 Articles
6 Articles
Blue Air Aviation SA, an air company in which the Romanian State holds 75% of the shares by the State's Administration Authority (AAAS), has officially failed. The decision was made by the Bucharest Court of Justice after the General Court of Creditors has approved the proposal of the Infinixa legal liquidator, considering the failure as the most equitable solution for the protection of the interests of creditors. Article A huge company in Roman…
There is no way back. A large Romanian company, in failure. One of the most famous names of the Romanian aviation arrived, officially, at the end of the road. Blue Air Aviation SA entered the crash, according to the company’s advert. Here is what follows for the company’s fleet, the Romanian state and creditors who [...]
The first Romanian low-cost airline is being liquidated - Despite state aid, the company could not be saved.
On July 10, 2025, the Blue Air bankruptcy, a state company, was announced after two years of insolvency. The collapse of the business was metric, before the pandemic managed to transport more than 32 million passengers.
Infinxa opened the bankruptcy procedure for Blue Air Aviation, as a result of the inability to attract an investor, despite the efforts made by the air operator, according to a communication from the legal liquidator, Agerpres returned.
The low-cost Blue Air air company has failed, under conditions where there is no air operator driving, no major shareholder, the state...
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