Romanian budget carrier Blue Air has terminated its order for five Boeing 737NGs following financial difficulties at one of its major shareholders. In a statement, Blue Air said it has reached an agreement with Boeing over the cancellation of the aircraft order. “Based on the current troubled financial situation at Romstrade SRL, major shareholder of Blue Air, SC Blue Air Transport Aerian SA is not in a position to continue the commitment for the $462,200,000 obligation to The ...

Subscribe to Access this Entire Article

"Blue Air cancels order for five 737s" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.