Blue Air (Blue Air Transport Aerian S.A. dba) (Bucharest) is for sale. The low-fare airline is currently owned by Nelu Iordache, who is currently facing charges for embezzling funds according to the Budapest Business Journal.
In January Blue Air Transport Aerian S.A. announced it had has reached an agreement with The Boeing Company to terminate the order placed in 2008 for five Boeing 737NG aircraft. It also stated “Based on the current troubled financial situation at Romstrade SRL, the major shareholder of Blue Air, SC Blue Air Transport Aerian S.A. is not in a position to continue the commitment.”
Six potential investors have expressed interest according to the airline managers.
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Copyright Photo: Ton Jochems.
Blue Air: 
Filed under: Blue Air Tagged: 27005, 737, 737400, 737430, aviation, Blue Air, BlueAirWeb.com, Boeing, Boeing 737, Boeing 737400, BRU, Brussels, transportation, YRBAK
