Carpatair files for bankruptcy protection

Dino D'Amore
By Dino D'Amore January 28, 2014 21:08

Carpatair files for bankruptcy protection

Carpatair is to restructure under bankruptcy protection. The Romanian regional airline has blamed the €30 million in legal damages it has been charged for alleged anticompetitive practices at Timisoara Airport, currently under investigated by the European Commission, local courts and authorities.

Operations will continue during the restructuring process, with a restricted winter season schedule.

Dino D'Amore
By Dino D'Amore January 28, 2014 21:08
No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fcarpatair-files-for-bankruptcy-protection%2F"> registered </a> users can comment.