Tourism to Romania fell dramatically from a mid-1970s peak to new lows in the 1980s. 4) Tarom – this airline was created during the communist regime and remains owned by the government, three decades after the fall of the communism. This latest upset for Romania’s oldest airline comes on the back of a political scandal following the dismissal of TAROM’s former general manager Madalina Mezei as reported by Romanian Insider. State-Owned Company Incorporated: 1954 as TAROM--Transporturile Aeriene Române ... -----, "Romanian Airline Tarom Seeks Global Alliance," Dow Jones International News, February 6, 2003.
It placed another order for four medium-range Airbus A318s, worth $219.6 million, two years later.
The lifting of travel restrictions contributed to an overall 45 percent traffic increase in one year as Romanians were freed to take trips outside the country.
One of them, DAC-Air, took over some of TAROM's domestic and regional routes using Dash 8 turboprops and Canadair regional jets in May 1996. Boeing Co and Romanian state-owned airline Tarom said on Monday they had reached a deal over the purchase of five 737 MAX 8 aircraft and a leasing agreement for two 737-800 aircraft. TARS had been formed in 1946 to take over the interests of LARES, a state-owned airline that had operated in Romania before World War IIDo you have any extra history about TAROM (Transporturile Aeriene Romane) to add or any of our other 20672 airlines in database? Transporturile Aeriene Române, or TAROM, was founded on September 18, 1954, when the state of Romania bought out the Soviet Union's 50 percent stake in TARS (Transporuri Aeriene Romana Sovietica). The airline was founded by Australian aviator Harold Gatty who in 1931 had been the navigator on a record-breaking round-the-world flight with Wiley Post.Gatty moved to Fiji after World War II and registered the airline in 1947 as Katafaga Estates Ltd., after the coconut estate Gatty had established on Fiji's eastern island group. Airline History - Copyright © 2020 | Superfast hosting provided by A.310-300 | A.318-100 | An-24 | An-26 | ATR 42-500 | ATR 72-500 | B.707 | B.737-300 | B.737-500 | B.737-700 | B.737-800 | BAC 1-11-400 | BAC 1-11-500 | IL-18 | IL-62 M | Tu-134A | Tu-154 TAROM'S offerings focus on Europe and the Middle East. Because the management is named by politicians, the airline tends to be pretty badly managed and there’s rampant nepotism. Using POTEZ aircraft from France, CFRNA was billed as the world's first transcontinental airline, with a route extending from Bucharest to Paris via Strasbourg, Prague, Vienna, and Budapest. The airline underwent a massive fleet renewal program in the 1990s. According to Dow Jones Newswires, Central and Eastern Europe was expected to see the greatest growth in air traffic during the decade, thanks in part to impending membership of countries in the region to the European Union. The airline brings in intercontinental traffic with its code share partners, which include Alitalia, Air France, Aeroflot, Austrian Airlines, CSA Czech Airlines, Lot Polish Airlines, Malev, Syrian Arab Airlines, Iberia, and Cimber. … TAROM S.A. is the national airline of Romania. The airline also studied the possibility of using regional jets to bolster its feeder network. TAROM acquired a holding in privately owned DAC in exchange for routes and use of its facilities and technologies. They were especially eager to take trips to former Soviet Bloc territories, especially Moldavia, as well as venturing into the Free World. TAROM was planning to narrow losses from $14.5 million to $6 million in its fiftieth anniversary year, 2004, when turnover was expected to be $245 million. As consumers, we often take for granted all the hard work that goes into building a great company.
TAROM was reorganized as a joint stock company in 1991. The company also needed to cut back on the number of different types of aircraft it operated, then nine. The fleet was augmented in 2000 with the $100 million acquisition of six ATR 42 turboprops for regional and domestic flights. Bucharest was turning into something of a hub for travelers to the Middle East, which TAROM was serving with several new destinations. We see them around but we don't know what goes on behind the scenes.
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