Blue Air said in a statement the fleet structure will not affect the company’s flight schedule or operations.
Blue Air and Romstrade are both part of a group of companies owned by businessman Nelu Iordache.
Blue Air posted sales of EUR150 million in 2011, down 9% on the year. The company’s fleet is currently made up of nine Boeing planes.
Both Romstrade and Blue Air are owned by Romanian businessman Nelu Iordache who was placed under preventive arrest early December for the alleged embezzlement of 25 million lei (EUR5.5 million) from EU funds, forgery and money laundering. Iordache allegedly embezzled money that was supposed to go into the construction of the Nadlac-Arad highway, which his company Romstrade was building.
Giurgiu Court approved in December that Romstrade and Romstrade Logistic Expres (former Direct Aero Services) enter into insolvency proceedings.