She specifies Hello Jets will not start operating this year, with the focus being on Blue Air.
“We must secure the necessary funding, this is not definitely something that will happen this winter, we do not have the needed capacity to operate this year,” explains Oana Petrescu.
Blue Air, majority held by the company run by Cristian Rada, Airline Invest, saw turnover sink by 65% last year, reporting receipts of just RON757 million, compared with RON2.1 billion in 2019.
Blue Air logged losses for three years, with losses ranging between RON121 million and RON145 million in the 2016-2018 period. 2019 was the first year the Romanian airline turned to profit, with net profit hitting RON72 million.
In the first three months of this year, Blue Air registered RON57 million receipts, with a loss of RON91 million, though.
(English version by Catalina Apostoiu)