05.27.2014

Privately managed state-owned airline Tarom carried 2.1 million passengers last year, compared with 2.19 million in 2012, even though the target in the management plan approved early last year was 2.3 more

05.14.2014

Romanian state-owned airline Tarom will resume flights to China in August and will operate two Bucharest-Beijing flights a week, sources with the airline told MEDIAFAX. more

05.14.2014

Only one month from his appointment as general manager of freight rail carrier CFR Marfa, Dan Valentin Belcea, the second private sector manager of the state-owned company announced his resignation by more

05.07.2014

Romania’s Transport Ministry has decided to replace four out of six members of the Executive Board of state-run airline Tarom, people close to the matter told news agency Mediafax Wednesday. more

11.27.2013

Romanian state-owned airline Tarom might resume direct flights to Beijing, China, starting with a frequency of two flights per week, according to a discussion between Prime Minister Victor Ponta and more

11.18.2013

Romanian state-run airline Tarom reported 1% higher revenue at 972 million lei (EUR218.4 million) and 30% lower loss at RON83 million on the year in the first nine months of 2013. more

11.15.2013

Dante Stein Thursday was appointed president of Romanian state-run airline Tarom’s Managing Board, the company said Friday. more

11.12.2013

Belgian Christian Edouard Heinzmann will remain Chief Executive Officer of Romanian state-run airline Tarom, Transport Minister Ramona Manescu said Tuesday. more

11.12.2013

Romanian state-owned airline Tarom has had to revise its operating model because of fierce competition and is looking into either tapping new markets, such as those in Asia, or going into the low cost more

11.12.2013

Romanian state-run airline Tarom’s losses amounted to $22 million in the first nine months of 2013 and are expected to reach at least $40 million by the end of the year, Nicolae Demetriade, former more

11.04.2013

Romania’s Transport Ministry on Monday revoked the Board of Directors of state-run airline Tarom, following a conflict between board members and the company’s Chief Executive Officer Christian more

11.01.2013

Romanian state-run airline Tarom, where private management was introduced in November last year, is recruiting a new CEO, as well as a new Financial Officer, Commercial Officer and Operating Officer. more

10.22.2013

Dan Pascariu will be dismissed as chairman of the board of state-owned airliner Tarom and Christian Heinzmann’s CEO term will be extended back to four years, people close to the matter told MEDIAFAX more

10.22.2013

Nicolae Demetriade has resigned from the position of chief executive officer (CEO) of state-run airline Tarom, and of member in the company’s Executive Board. more

09.16.2013

Results registered by the Romanian state-owned airline Tarom are in line with those stated in the company’s management plan and passenger numbers rose 6% in August, according to Christian Heinzmann, more

08.01.2013

State-owned airline Tarom reported loss of 63 million lei (EUR14.3 million) in the first half of 2013, down from loss of RON120 million in the same period in 2012, the company said Thursday in a more

07.30.2013

Romanian state-owned airline Tarom will introduce direct flights over the Bucharest-Prague route starting October 27. more

07.19.2013

Romania’s state-owned airline Tarom wants to allow any European insurance company in its fleet insurance auctions starting 2014 after local insurer Astra Asigurari was awarded the contract for the more

07.18.2013

Romanian insurance company Astra said Thursday it won an auction to insure the fleet of state-owned airline Tarom, for the seventh consecutive year, and the contract is valid between September 1, 2013 more

07.10.2013

Christian Heinzmann, general manager of state-owned airline Tarom, said the airline’s new management plan is yielding good results due to the measures already implemented which allow the company to more

07.09.2013

The management of Romanian state-owned airline Tarom is considering downsizing the company’s staff, lowering wages and eliminating flights to conflict zones, including Egypt, Tarom CEO Nicolae more

07.03.2013

Christian Heinzmann, general manager of Romanian state-owned airline Tarom, has met less than 30% of the objectives stated in the company’s management plan and has not started restructuring yet, Dan more

06.24.2013

Tarom’s chief executive officer Nicolae Demetriade said Monday there is no chance the state-owned airline, which registered loss of 64 million lei (EUR14 million) in January-May, will switch to more

06.24.2013

The mandate of Christian Heinzmann as general manager of Romanian state-owned airline Tarom has been shortened from four to one year. more

05.20.2013

Romanian state-owned airliner Tarom reported loss of 66 million lei (EUR15.1 million) in the first four months of 2013, lower by RON30 million compared to the loss estimated in the airliner’s more