Blue Air Romania buy Air Moldova from Chisinau

By Emea Riga
The Civil Aviation Group SRL, which is a Romanian airline, Blue Air, together with a group of investors from the Republic of Moldova, offered for the privatization of Air Moldova the price of 50 million Moldovan lei and took over the debts of about 1.2 billion of Moldovan Lei, according to a press release. The transaction is 2.6 million euros, but the debts taken over by Blue Air exceed 60 million euros.
"We are proud that Air Moldova has entered the Blue Air family and we are happy to be here in the Centenary Year." Blue Air's success offers the opportunity to contribute with our experience to the future of Air Moldova. the pride of all Moldovans and the first option for their travel. Last but not least, this development has benefits for the local labor market, for tourism and, in general, for the community, "said Marius Puiu, General Manager of Blue Air.
The new shareholder states that it maintains the current Air Moldova flight schedule, and the priority is to regain customer confidence to improve business performance. Civil Aviation Group SRL is committed to transforming Air Moldova into a successful modern airline with a strong and well-trained team to provide passengers with the highest standards of service.
Blue Air is an IATA member and has an impeccable flight record. It is the largest Romanian airline with private capital in terms of the number of passengers transported, having so far over 21 million passengers transported. The development trend continued in 2017, when onboard Blue
Air aircraft traveled over 5 million passengers in 16 European countries. With a fleet of Boeing 737 planes, Blue Air has served over 100 routes this year. For the year 2019 Blue Air is waiting for the delivery of 12 new Boeing 737 MAX 8 aircraft.
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