The growth was because of the consolidation of the company’s operations in the bases in Bucharest, Bacau, Iasi, Constanta and Cluj Napoca in Romania and in Larnaca, Turin and Liverpool abroad. In all, the company introduced more than 30 new routes this year and added more flights on the already existing routes.
“The last four years of Blue Air have been a time of constant investment in improvement of services, company accessibility and of the network of routes serviced,” Tudor Constantinescu, commercial director of Blue Air, told ZF.
Blue Air’s passenger traffic increased to 2.26 million people in the first half from 1.46 million in the first half of 2016.
After moving to new owners – Teodor Cristian Rada, Marius Puiu, Tudor Constantinescu and Luciana Paunescu, in 2013, Blue Air has seen fast-paced growth. It went from RON140 million revenue in 2013 to RON1.3 billion last year, according to Finance ministry data. Losses, on the other hand, were higher in 2016, RON121 million, than in 2013, RON76 million. (EUR1=RON4.5942)
(English version by Loredana Fratila-Cristescu)