Romanian regional carrier Carpatair has been given the legal go-ahead to restructure under bankruptcy protection. The company blamed €30 million ($41 million) in legal damages it has been charged as a key reason for filing for insolvency. The legal disputes arose out of anticompetitive practice acusations leveled at Timisoara Airport, Carpatair’s home base, that are being investigated by the European Commission, local courts and authorities. During the restructuring process, the ...

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