DEMETRIADE
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Tarom Loss At $22M In First 9 Months; Expected To Exceed $40M By Yearend
Romanian state-run airline Tarom’s losses amounted to $22 million in the first nine months of 2013 and are expected to reach at least $40 million by the end of the year, Nicolae Demetriade, former member in the company’s Board of Directors, told the ZF Live sh...
Nicolae Demetriade Resigns From Tarom
Nicolae Demetriade has resigned from the position of chief executive officer (CEO) of state-run airline Tarom, and of member in the company’s Executive Board.
Tarom Might Downsize Staff, Cut Wages
The management of Romanian state-owned airline Tarom is considering downsizing the company’s staff, lowering wages and eliminating flights to conflict zones, including Egypt, Tarom CEO Nicol...
Tarom’s New CEO Says Company May Switch To Profit In 2014
Tarom’s chief executive officer Nicolae Demetriade said Monday there is no chance the state-owned airline, which registered loss of 64 million lei (EUR14 million) in January-May, will switch...
Former Tarom GM Named Member In Airline’s Executive Board
Nicolae Demetriade, former general manager of Romanian state-owned airline Tarom, on Wednesday was appointed member in the company’s Executive Board, Tarom said Thursday.