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TAROM 1Q2013 loss ahead of target, expects better quarters to come

23-Apr-2013 2:14 PM

TAROM announced (22-Apr-2013) its loss of RON49 million (EUR11.0 million) in 1Q2013 was RON29 million (EUR6.5 million) better than the carrier’s target of RON78 million (EUR17.5 million) loss and an improvement from its loss of RON64 million (EUR14.4 million) in 1Q2012. Looking ahead, TAROM CEO Christian Heinzmann said the carrier “expect even better results in the following quarters. According to our present data, we shall fully reach our objectives for 2013.” [more – original PR]