{"id":118687,"date":"2020-04-07T00:00:00","date_gmt":"2020-04-06T21:00:00","guid":{"rendered":"https:\/\/rhn.ro\/blue-air-requests-rescue-loan-from-the-government\/"},"modified":"2026-03-07T17:14:52","modified_gmt":"2026-03-07T15:14:52","slug":"blue-air-requests-rescue-loan-from-the-government","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/blue-air-requests-rescue-loan-from-the-government\/","title":{"rendered":"Blue Air Requests Rescue Loan from the Government"},"content":{"rendered":"<div>In March of this year, the airline Blue Air requested a rescue loan in the form of a preferential interest loan granted in a major crisis situation.<\/div>\n<div><\/div>\n<div>Company representatives claim that, in order to maintain their activity, they need temporary financial support.<\/div>\n<div><\/div>\n<div>&bdquo;In the current situation, to successfully navigate this period and continue serving our passengers and paying substantial amounts to the state budget, we need temporary support in the form of a credit that ensures Blue Air the liquidity necessary to maintain flight capacity and jobs during this difficult period. The rescue loan is not a non-reimbursable fund, but a preferential interest loan granted to a company in a major crisis situation,&ldquo; stated the airline&#8217;s representatives.<\/div>\n<div><\/div>\n<div>According to the cited source, the Blue Air team has built over the last 15 years the largest private capital company in the Romanian aviation industry, serving over 4 million passengers per year.<\/div>\n<div><\/div>\n<div>In the last 3 years, Blue Air has paid taxes, fees, and contributions to the Romanian state that have consistently exceeded 100 million RON\/year, and after 3 years of massive investments in routes and slots at major European airports, the company became profitable in 2019.<\/div>\n<div><\/div>\n<div>Blue Air is IATA Operational Safety Audit (IOSA) certified by the International Air Transport Association (IATA) for exceptional operating standards and is a full IATA member.<\/div>\n<p>Source: <a href=\"http:\/\/www.economica.net\" data-wplink-url-error=\"true\">Economica<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What type of financial aid did Blue Air request?<\/strong><\/p>\n<p>Blue Air requested a rescue loan, which is a preferential interest loan intended to provide liquidity during a major crisis, rather than a non-reimbursable grant.<\/p>\n<p><strong>Why does Blue Air need this loan?<\/strong><\/p>\n<p>The airline needs the funds to maintain its flight capacity, preserve jobs, and continue its operations following the impact of the global crisis.<\/p>\n<p><strong>Is Blue Air a profitable company?<\/strong><\/p>\n<p>Yes, after three years of significant investment in European routes and slots, Blue Air reported becoming profitable in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In March of this year, the airline Blue Air requested a rescue loan in the form of a preferential interest loan granted in a major crisis situation. Company representatives claim that, in order to maintain their activity, they need temporary financial support. &bdquo;In the current situation, to successfully navigate this period and continue serving our&hellip;<\/p>\n","protected":false},"author":0,"featured_media":68057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2856],"tags":[],"thb-sponsors":[],"class_list":["post-118687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conectivity"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/transport-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=118687"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118687\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/68057"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=118687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=118687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=118687"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=118687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}