HELICOPTER
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IAR Brasov Ends First Nine Months Of 2023 With RON36M Net Profit
IAR Brasov (IARV.RO), which makes and repairs spare parts for helicopters, posted RON360 million revenue in the first nine months of 2023, up from the RON226 million in the year-ago period. Net profit increased to RON36.4 million from RON14.2 million.
Turnover Of Nelu Iordache’s Air Taxi Company Plunges 50%
Demand for air taxi services fell 50% as some of the businesspeople and managers of large companies stopped going to meetings with rented helicopters, which cost no less than EUR800 per hour...
Astra, Omniasig, Platinum To Insure Interior Ministry Helicopters For EUR4.9M
Romania's General Aviation Inspectorate will insure its helicopter fleet with Astra, Omniasig and Platinum Asigurari for 22.15 million lei (EUR4.9 million) over the next four years.
Four Dead In Military Helicopter Crash In Eastern Romania
Four people died Thursday as a military training helicopter crashed around noon in an isolated area in eastern Romania, near Buzau.