Analysts question motives behind Blue Air’s purchase of Air Moldova

A consortium led by a Romanian low-cost airline, Blue Air, has bought the loss-making Moldovan state-owned national airline Air Moldova for the knock-down price of just 50 million Moldovan lei (2.56 million euros). The consortium, which also includes two Moldovan businessmen, will also take on Air Moldova’s debts of around 1.2 billion Moldovan lei (61 … Continue reading Analysts question motives behind Blue Air’s purchase of Air Moldova