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Old 17th May 2013, 19:08
  #23 (permalink)  
TBSC
 
Join Date: Jan 2008
Location: Switzerland ... oh wait: Swaziland
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Blue Air will eventually be sold to Airline Management Solutions, a belgian registered company which is connected to Maxitours. The company is in fact 100% owned by 4 romanian citizens who work for Blue Air so it seems that the airline is being sold to a group of its employees. The winner offered 1.5 million EUR cash payment (and is obliged to have a bank quarantee for another 5 mio). Blue Air's current debt is 28 million EUR.
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