“Today, November 18, 2022, the Company’s Shareholders were contacted by telephone by representatives of the AAAS requesting a meeting in order to establish the technical details for the handover. As soon as this legal process has been completed, the Company will publicly announce the new shareholder structure. Obviously, thereafter, the majority shareholder of the Company will decide how to communicate the Blue Air situation to the public,” Blue Air representatives say.
The Romanian government, through the Authority for State Assets Management, has decided to go ahead and take over 75% in Blue Air, pledged as collateral for a government-guaranteed loan that the airline received in 2020.
(English version by Loredana Fratila-Cristescu)