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TAROM loss narrows in first nine months of 2013

20-Nov-2013 3:50 PM

TAROM reported (18-Nov-2013) the following financial highlights for nine months ended 30-Sep-2013:

  • Revenue: RON972 million (EUR220.5 million), +1% year-on-year;
  • Profit (loss): (RON83 million) (EUR18.8 million), compared to a loss of RON118 million (EUR26.8 million) in p-c-p;
  • Passenger numbers: 1.6 million, +2.6%. [more - original PR - Romanian]

TAROM CEO Christian Heinzmann attributed the carrier's improved results to continuing monitoring of costs and "appropriate trade policies."