Blue Air (BlueAirweb.com) (Blue Air Transport Aerien S.A. dba) (Bucharest) was acquired by Airline Management Solutions. The new owners have laid our their strategy and issued this statement:
The new ownership of Blue Air has as objective to strengthen the position in the market. “The target for 2013 is keeping the turnover at the same level as in 2012 and preserving the number of passengers who benefit from our services”, said Gheorghe Răcaru, CEO of Blue Air, during a press conference on Sunday.
He added that for the period 2014-2015, the objective of the new shareholders is to increase the consolidated turnover by 3-5%. “We are considering a radical change in terms of services. From customer service, bookings and catering in the aircraft, you will see radical changes and updates, a first for the Romanian industry. In addition, we are interested in gradually increasing the fleet”, said Răcaru.
The CEO said that the shareholders intend to keep and specialize the current staff. In addition, Gheorghe Răcaru said that the flights will be operated according to the existing schedule, ensuring customers that Blue Air will remain their preferred airline: “We assure our customers that Blue Air will continue to be one of the top airlines in Romania and that all provided services will be at least at the same level of quality, reliability and professionalism as before”.
In turn, Arthur Flieger, lawyer and representative of Airline Management Solutions, the new majority shareholder of Blue Air, said that the transaction goes as planned, with no delays. “From our point of view, even if the process is extensive, all that remains to be done for the sale is just formalities. The actual transfer will be completed probably in two or three weeks”, he explained.
The Airline Management Solutions company has Romanian capital and purchased Blue Air through a transaction worth about 30 million euro, including the assumption of liabilities in the amount of 28 million euro.
Copyright Photo: Karl Cornil/AirlinersGallery.com. Boeing 737-430 YR-BAK (msn 27005) climbs away from Brussels.
Blue Air (Blue Air Transport Aerian S.A. dba) (Bucharest) is for sale. The low-fare airline is currently owned by Nelu Iordache, who is currently facing charges for embezzling funds according to the Budapest Business Journal.
In January Blue Air Transport Aerian S.A. announced it had has reached an agreement with The Boeing Company to terminate the order placed in 2008 for five Boeing 737NG aircraft. It also stated “Based on the current troubled financial situation at Romstrade SRL, the major shareholder of Blue Air, SC Blue Air Transport Aerian S.A. is not in a position to continue the commitment.”
Six potential investors have expressed interest according to the airline managers.
Read the full article: CLICK HERE
Copyright Photo: Ton Jochems.
Blue Air (Blue Air Transport Aerien) (Bucharest) has finally cancelled its 2008 order for two new Boeing 737-800s and three 737-900 ERs. The five aircraft were due for delivery in 2015 and 2016.
The order was cancelled after its investor Romstrade encountered financial problems according to this report by Bloomberg.
Read the full report: CLICK HERE
Copyright Photo: Arnd Wolf. Blue Air use to operate the newer and larger Boeing 737-800 but downsized to only older Boeing 737-400s and 737-500s in order to reduce costs. Ex-Airberlin Boeing 737-86J D-ABBP (msn 29641) became YR-BID with Blue Air before it left the fleet.
Current routes from Bucharest:
Tor Air Boeing 737-4Q8 SE-RJA (msn 26302) GLA (Fred Seggie), originally uploaded by Airliners Gallery.
Tor Air (Gothenburg) which lost its AOC on December 20, 2011 and vowed to reapply for a new AOC, has lost this Boeing 737-400. ILFC is now leasing the former SE-RJA to Blue Air (Bucharest) as YR-BAM.
Top Copyright Photo: Fred Seggie. Please click on the photo for additional information.
Blue Air Photo Gallery: CLICK HERE
Bottom Copyright Photo: Karl Cornil. Boeing 737-4Q8 YR-BAM (msn 26302, ex SE-RJA) on approach to Brussels was leased from ILFC on February 20. It still retains partial Tor Air colors on the engines.
Blue Air (Bucharest) has been adding older Classic Boeing 737s as it replaces the Boeing 737-800s formerly operated.
One of the aircraft recently added is this former Air One Boeing 737-430 now operating as YR-BAK (msn 27005, ex EI-COJ). The aircraft was acquired on December 22, 2010.
Copyright Photo: greenjetaviation.
Blue Air Interactive Route Map (place cursor over the city): CLICK HERE
Blue Air (Bucharest) is downsizing and will returned its leased Boeing 737-800s according to this article in Anna Aero. Read the full article:
Copyright Photo: Yannick Delamarre. Boeing 737-86J YR-BID (msn 29641) prepares to touch down at Barcelona.
Blue Air (Bucharest) is operating it Boeing 737-8AS YR-BIB (msn 29926) for Travel Service Airlines (Prgue), creating this interesting hybrid livery.
Copyright Photo: Rainer Bexten. YR-BIB prepares to depart from Madrid.