Tarom estimates revenues of RON1.28 billion and total expenses of RON1.46 billion in 2013, from RON1.24 billion and RON1.43 billion, respectively, a year before, the draft also read.
Ciprian Ladunca, member in Tarom’s Board of Directors said the company will operate in 2013 based on the financial indicators in the management plan.
Tarom said Thursday it posted a preliminary and unaudited loss of RON236 million in 2012.
The company’s management plan approved March 11 by its board stipulates losses of RON143 million in 2013 and RON18 million in 2014. For 2015 and 2016, it forecasts profit of RON92 million and RON173 million, respectively.
Tarom last reported profit in 2007 and its losses amounted to RON830 million between 2008 and 2011.
Belgian Christian Heinzmann was appointed chief executive officer at Tarom in November 2012 and the airline became the first state-owned company to have private management instated.
Tarom was set up in 1954 and is controlled by the Transport Ministry.(EUR1=RON4.4219)