Aerospace

Blue Air Boeing 737 seized by Romanian tax authority

For a few weeks, Blue Air’s flight operations have been on pause due to financial difficulties. The Boeing 737-500 with the licence plate YR-AME has now been seized by the Romanian tax authority.

The formal action was taken because the carrier is said to be significantly in arrears with the tax office and social security, according to the authorities. The YR-AME has now been taken in order to be able to bring this in.

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However, Blue Air believes that this is unaffected because this unit should no longer be in the fleet. This Boeing 737, along with other ex-Blue Air aircraft, was transferred to the Hello Jets AOC.

The low-cost airline claims that the new operator has filed an appeal against the official action. The affected medium-haul jet should be released as a result of this. Another Boeing 737-500 held by the carrier has been given to Hello Jets together with the YR-AMA. Since the beginning of October 2022, this aircraft has been parked in Forli, Italy.

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In an effort to locate a strategic investor, the airline put a halt to flights at the beginning of September but failed to resume them in October. The company’s representatives stated that the investors had “approved all the requirements” on October 11. The agreement is subject to the state’s approval.

The state is presently repaying a EUR 60 million rescue loan provided to the corporation to aid in its recovery after the lockdown. With the majority of its fleet already returned to the leasing business, it is not much the Government can recover, or the investor sees value as an investment target.

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Aerospace

When Ratan Tata was denied entry to the airfield at the Aero India show, he waited

During our visit to Aero India 2019, we had the unexpected opportunity to see Ratan Tata at the event, which was a thrilling moment for us. However, there was a surprising hiccup when the security staff didn’t allow him to enter due to a lack of a security pass.

Despite this, he remained calm and patiently waited for about 20 minutes until a member of the Tata team brought him the required pass, after which he calmly proceeded inside. It was a humbling sight, showcasing his composed demeanor even in such situations.

Ratan Tata ji is not only a renowned industrialist but also a trained pilot, holding a pilot’s license. In 2007, he became the first Indian civilian to fly the F-16 Falcon during the Aero India show in Bangalore—a proud moment for the nation.

His passion for aviation extended beyond flying, as he played a key role in shaping India’s aerospace industry. Under his leadership, Tata ventured into manufacturing and maintaining aerospace components while upholding its legacy of quality. Notably, Tata’s collaboration with Airbus to develop and manufacture the C295 aircraft is a testament to its growing influence in the sector.