Romanian flag-carrier Tarom has secured European Commission clearance for a financial restructuring package, which it will use for initiatives including fleet renewal. The Romanian transport minister, ...

Romanian flag-carrier Tarom is facing an in-depth probe by European regulators over the state support granted to the airline. The carrier has already been granted a €36.7 million rescue loan by the ...

Hungarian low-cost airline Wizz Air on Wednesday lost its court challenge against 36.66 million euros ($38.60 million) of rescue aid Romanian carrier TAROM received during the COVID-19 pandemic which ...

(Reuters) - Budget airline Wizz Air on Wednesday lost its challenge against a capital increase for Romanian rival TAROM funded by Romania and approved by EU competition regulators, as Europe's ...

BUCHAREST, Romania--(BUSINESS WIRE)--CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of lease ...