Romania's airline Tarom acquires last two Airbus 318-111 from 2006 order, pays EUR 40m each
Publish date: 12-02-2008Romania's state-owned airline Tarom spent 80 million euros to purchase the last two Airbus 318-111 planes of the four ordered two years ago, in a bid to increase fleet and introduce more flights according to the demand, spokesman Madalin Tudor said.
The company acquired the first two planes at the end of 2006, he said, noting the company's fleet currently counts 21 planes, four Boeing 737-300, four Boeing 737-700, seven ATR 42-500, four Airbus A318 and two Airbus A310.
Tarom forecasts the number of passengers this year will stand at 2.38 million people, a 20-25 percent hike versus the past year, when 1.9 million people used the company to fly.
At the beginning of December last year the government decided cut funds initially destined to cover the purchase of the two planes.
NewsIn
Latest News:
- Insurance market stagnated in 2013 while GDP chare dropped to 1.3%
- The Romanian Leasing Market as of December 31, 2013
- Millennium Bank reports best results since its launch, helped by stronger banking income and cost cuts
- BCR cheapens First Home loans and lowers interest loans for loans in lei
- Millennium Bank's new Salary account clients receive up to 600 lei bonus and their utility bills' payment
- GarantiBank and Seamless introduce SEQR in Romania: the newest mobile payment solution
- Bancpost telecom services, now provided exclusively by Romtelecom and COSMOTE Romania
- Millennium Bank cards offer discounts in Domo stores
- BCR Supervisory Board reshuffles Management Board
- NBR decide to lower the monetary policy rate to 4.25 percent per annum
- Common appointments in Romtelecom and COSMOTE Romania
- Up to 5.5% annual interest rate for Millennium Bank's promotional three-month lei deposit
- Eurozone in recovery mode but gap between North and South still widening
- UniCredit Tiriac Bank and RBS Romania announce the successful completion of the retail clients' migration
- Millennium Bank grants First House loans in lei