Low-Cost Romanian Carrier Cancels 737 Order | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 09.15.14 ** HD iPad-Friendly -- Airborne 09.15.14 **
** Airborne 09.12.14 ** HD iPad-Friendly -- Airborne 09.12.14 **
** Airborne 09.10.14 ** HD iPad-Friendly -- Airborne 09.10.14 **

Fri, Jan 11, 2013

Low-Cost Romanian Carrier Cancels 737 Order

Blue Air Cites Financial Difficulties In Dropping Plans To Acquire Five Of The Aircraft

The Romanian low-cost airline Blue Air said in a statement Thursday that it has cancelled orders for five Boeing 737 aircraft it had ordered in 2008. The carrier's parent company Romstrade cited financial difficulties as the reason for scrapping plans to acquire the new aircraft.

The French news service AFP reports that the order was worth over $462 million to Boeing. "Blue Air in agreement with Boeing has cancelled an order made in 2008 for five Next-Generation 737 that were expected to be delivered between 2015 and 2016", the airline said in the statement.

Romstrade's CEO Nely Iordach was reportedly arrested in December on charges of fraud and money laundering. He is accused of taking millions of Euros earmarked for the construction of a highway in Romania and using some of the money to finance the low-cost airline. Such transfers are not allowed under European Union rules.

Blue Air said it is operating normally, and that the cancellation of the order would not affect the "activity of the airline." The airline's current fleet consists of six Boeing 737-400s and one 737-500.

FMI: www.blueairweb.com

Advertisement

More News

Airborne 09.15.14: ForeFlight's iOS8 Caution, Boeing v Al Jazeera, Expedition 40

Also: EAA On NTSB Drug Study, Remember 'Ripcord?', FAA Loosens Up In SAR UAV Use, Curiosity Arrives At Martian Mount, IAF Worries About Social Media With much fanfare, Apple rolled>[...]

Airborne 09.12.14: Alan Klapmeier's $10M Win, OWW Progress, 3rd Class Update

Also: Zero-G Engine Repo, Collier Trophy, EAA Addresses FAA Hangar Use, CAF's Dallas Air Expo While it comes as no surprise to those of us that have had to deal with Cirrus Aircraf>[...]

Airborne 09.15.14: ForeFlight's iOS8 Caution, Boeing v Al Jazeera, Expedition 40

Also: EAA On NTSB Drug Study, Remember 'Ripcord?', FAA Loosens Up In SAR UAV Use, Curiosity Arrives At Martian Mount, IAF Worries About Social Media With much fanfare, Apple rolled>[...]

AD: Sikorsky Aircraft Corporation (Sikorsky) Helicopters

AD NUMBER: 2014-07-04R1 PRODUCT: Certain Sikorsky Model S-92A helicopters.>[...]

AD: DG Flugzeugbau GmbH Gliders

AD NUMBER: 2013-22-14 R1 PRODUCT: Any DG Flugzeugbau GmbH Model DG-1000T glider equipped with a Solo Kleinmotoren Model 2350 C engine.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC