After more than a year under private management

Tarom Still In The Red, But Losses Narrow

06.11.2014 By Mirabela Tiron

Romania’s state-run airline Tarom, placed under private management at the end of 2012, ended last year with a net loss of 130 million lei (around EUR30 million), down by RON100 million from the level reported for the previous year, according with Finance Ministry data and ZF calculations.

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