The airline was sold last year by company A and acquired by company B aling with the brand name.
Has the airline or company B declared bankruptcy or just company A which happens to have a similiar name but no longer has ownership or control of the airline ?
Buster - Google news will throw up an article in Romania Libera from 08 Jan - albeit in Romanian.
It should be noted that for a while, the airline's finances are rumoured to be not as robust as some other carriers. It is certainly an interesting question as to whether Romania needs Tarom, Wizzair and Blue Air all having substantial operations in the country and Bucharest-centric aircraft as well as Timisoara based Carpatair.
Last edited by davidjohnson6; 20th Jan 2014 at 16:42.