The low-cost airline Blue Air recorded a loss of over EUR 60 million last year, compared to a profit of EUR 11 million in 2019, stated Oana Petrescu, the company’s CEO.
The company representative stated that the estimates for 2021 depend heavily on how the market evolves, as initial estimates were not in line with reality. According to her, in 2019 the company reached 900 weekly flights and had over 25,000 passengers, while it now operates only 100 – 150 flights.
Frequently Asked Questions
What was Blue Air’s loss in 2020?
Blue Air recorded a loss of over EUR 60 million in 2020.
What profit did Blue Air make in 2019?
In 2019, the airline reported a profit of EUR 11 million.
How did the number of weekly flights change?
The number of flights dropped from 900 per week in 2019 to approximately 100-150 currently.