Romania’s Tarom reports $7 million net loss in 1H

Credit: Rob Finlayson
Romanian flag carrier Tarom said it recorded a first-half net loss of RON28.6 million ($7 million), “while the budget of revenue and expenditure provided, for the same period, a loss of RON3.4 million.” The state-owned company said in a statement that “unforeseen losses were generated especially by...

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