The request was submitted to the Bucharest Court at the end of February, which set the first term for March 5.
Ten Airways started its activity in 2010, operating charter and wet lease services.
Ten Airways registered a turnover of RON43.6 million in 2013, more than sevenfold higher than RON5.9 million in 2012, according to Finance Ministry data.
Also, the company switched to profit in 2013, reporting earnings of RON1.4 million, compared to a loss of nearly RON800,000 a year before. The airline’s debts surged to RON21 million in 2013, from RON3 million a year ago. At the end of 2013, the company had 120 employees.
Early August 2014, Tender announced his airline Ten Airways ceased its collaboration with airline Fly Romania over unpaid debts amounting to EUR400,000.