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

05.09.2013

Nicolae Demetriade, former general manager of Romanian state-owned airline Tarom, on Wednesday was appointed member in the company’s Executive Board, Tarom said Thursday. more

04.22.2013

Romanian state-owned airliner Tarom reported a loss of 49 million lei (EUR1.1 million) in the first quarter of the year, 24% narrower than in the first quarter of 2012 and lower than the RON78 million more

04.03.2013

Romanian state-owned airline Tarom wants to insure its fleet for some $2.4 million, according to a notice of intent issued by the company. more

03.21.2013

The management of Romanian state-owned airline Tarom forecast a loss of 143 million lei (EUR32.3 million) in 2013, narrower than the previous estimate of RON186 million included in the company’s more

03.21.2013

Romania’s state-run airline Tarom on Thursday said it will set off a voluntary layoff program in March, which consists in cutting the company's staff by 10% by the end of 2013. more

03.15.2013

Romanian state-owned airline Tarom expects losses of 186 million lei (EUR42.3 million) this year, according to the company’s draft revenue and expenses budget for 2013. more

03.12.2013

The Managing Board of Romanian state-owned company Tarom approved Monday the airline’s management plan, which states the company will return to profit only in 2015. more

02.21.2013

The general manager of Romanian state-owned airline Tarom, Christian Edouard Heinzmann, said Thursday the company aims to standardize its fleet, which should be reduced over the next two years. more

02.21.2013

Romanian state-owned airline Tarom needs to increase its fleet by purchasing or renting new planes to develop its activity, Transport Minister Relu Fenechiu said Thursday. more

02.14.2013

Romanian state-owned airline Tarom reported 2.19 million passengers in 2012, similar to the previous year, and its transport capacity on regular flights decreased by 5%, the company said in a more

11.10.2012

Romanian state-owned airline Tarom Saturday said that all the company's flights will operate according to schedule, denying any information from the media on a possible general strike in the upcoming more

11.07.2012

Dan Pascariu, chairman of the Board at Romanian state-owned airline Tarom, said Wednesday the company’s target is to cut losses by 30% in the coming year and increase turnover. more

11.04.2012

The managing board of Romanian state-owned airline Tarom has appointed Christian Edouard Heinzmann as its new chief executive officer. more

10.29.2012

Heinrich Vystoupil, recently selected to fill the position of chief executive officer of Romanian state-owned airline Tarom, did not accept the terms included in his contract and refused the position, more

10.26.2012

Heinrich Vystoupil, recently selected to fill the position of chief executive officer of Romanian state-owned airline Tarom, does not accept the terms included in his contract and has until Monday to more

10.17.2012

Romanian state-owned airline Tarom named Heinrich Vystoupil, former head of Austrian Airlines Romania and Moldova, as chief executive officer, while Dan Pascariu, president of UniCredit Tiriac Bank, more

10.15.2012

Only two of the seven new members of the board of directors of Tarom have experience in the aviation sector, and only one of them worked for a private airline, although the law demands experience in more

10.12.2012

Romanian Transport Minister Ovidiu Silaghi on Friday unveiled the new members of the managing board of state-owned airline Tarom, the first state company to have private managers. more