05.25.2012

Ruxandra Brutaru, who until last year ran the operations of state-run airline Tarom, has been appointed to the managing board of the largest Romanian travel agency, Happy Tour, according to market more

05.20.2012

Romanian President Traian Basescu said Saturday, in Chicago, during a meeting with Romanians living in the USA, that it is unlikely that Tarom will resume flights to the US, since they cause more

04.18.2012

Astra Asigurari has won the auction to insure the fleet of Romanian state-owned airline Tarom for the sixth consecutive year, people close to the matter told MEDIAFAX. more

03.21.2012

Romanian state-run airline Tarom has cut handling costs by $1 million annually after Transport Minister Alexandru Nazare asked the company to renegotiate the loss-generating handling contract signed more

03.09.2012

Romanian state-run airline Tarom will launch two new weekly summer flights, from Bucharest to Nice and Dubrovnik, and will withdraw flights between Cluj Napoca (NW Romania) and Frankfurt, the airline more

03.08.2012

Romanian Transport Minister Alexandru Nazare on Thursday asked state-run airline Tarom to renegotiate in two weeks a loss-generating handling contract signed in 2002 with firm Globe Ground Romania. more

03.08.2012

Romanian insurers Astra and Omniasig Vienna Insurance Group on Thursday filed bids to insure state-run airline Tarom’s fleet between May 1, 2012 and April 30, 2013, people close to the matter told more

02.22.2012

Romanian state-run airline Tarom will organize an auction on March 8 to insure its fleet, and the new insurance contract will be valid for one year, starting May 1. more

02.08.2012

The International Monetary Fund has asked Romania's Government to return the last Boeing 737-800 aircraft leased by state airline Tarom four years ago, or to lower the rental cost to the market level, more

02.03.2012

Romanian airline Tarom will increase the frequency of Bucharest-Budapest flights by seven per week, starting February 6, after Hungarian state-owned airline Malev filed for bankruptcy and grounded all more

01.31.2012

Romanian state-run airline Tarom carried 2.19 million passengers last year, the same as in 2010, while low-cost airline Wizz Air became leader with 2.7 million passengers, up 23% on the year. more

01.27.2012

Romanian state-run airline Tarom has narrowed its losses by 24.2% to 252.18 million lei (EUR58.1 million) in 2011, from RON332.5 million a year earlier. more

01.24.2012

Romania's government has lowered expectations for its planned sale of a 20% stake in state-run airline Tarom, saying that it now estimates to raise up to EUR7.4 million in the initial public offering, more

01.06.2012

Low-cost airline Wizz Air might have beaten Romanian national carrier Tarom for the first time in terms of number of passengers last year, five years after its entry on the local market. more

12.16.2011

The Romanian Transport Ministry has signed an agreement with brokerage houses Carpatica Invest and Swiss Capital for the sale of a 20% stake in state-run airline Tarom, the ministry said in a more

12.08.2011

The Romanian Government reversed its decision to cancel the auction selecting a broker for the sale of a 20% stake in airline Tarom, after the rejected sole bidder updated its offer and halved the more

12.05.2011

The Government reversed its decision to cancel the auction selecting a broker for the sale of a 20% stake in airline Tarom, after the rejected sole bidder changed its offer and halved the commission more

12.05.2011

The Romanian government expects to collect between EUR20 million and EUR60 million for the 20% stake it plans to sell in airline Tarom on the local stock market. more

11.11.2011

Romanian Transport Ministry has canceled the auction to select a broker for the sale of a 20% stake in state-run airline Tarom, citing lack of interest from brokerage houses. more

10.17.2011

A consortium made of brokerage house Carpatica Invest and Swiss Capital Thursday has submitted the only offer to help with the sale of a 20% stake in Romanian state-run airline Tarom, people familiar more

09.26.2011

Romanian Transport Ministry will select a broker to help with the public offering of a 20% stake in state-run airline Tarom on October 18, the ministry said Monday. more

09.10.2011

The revised budget of Romanian state airline Tarom reduces its investment finances by 70% compared to the value approved earlier in the year, down to 65 million lei (EUR15 million) from RON138.27 more

08.25.2011

Romanian Transport Ministry will select by end September the legal advisor and broker for the sale of a 20% stake in state-run airline Tarom. more

08.25.2011

Romania's Government on Wednesday approved the sale of 20% of national airline Tarom's shares on the Bucharest Stock Exchange, as per the state's commitments to the International Monetary Fund and more

06.13.2011

Ruxandra Brutaru’s two-year term at the helm of state-run airline Tarom has seen the company cumulate EUR134 million in overall loss, the negative record of the last decade. more