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.
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.
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.