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TAROM expands at Iasi while Wizz Air continues to grow elsewhere in Romania

Analysis

TAROM has unveiled plans to develop its network in 4Q2012 and 2013 at Iasi which could potentially see a large scale expansion from the secondary Romanian city. However this comes as central European low-cost carrier Wizz Air continues to expand its Romanian network, both in the capital Bucharest and secondary cities, incuding Cluj, Craiova and Tirgu Mures. Wizz Air's continuing expansion is likely to see it overtake TAROM as Romania's largest passenger carrier.

Iasi is Romania's fourth largest city based on population (263,000 as of the 2011 census) and is located in the northeast of the country close to the border with Moldova. Iasi is located approximately 400km north of Romania's capital, Bucharest.

Known as the "Cultural Capital of Romania", Iasi is a leading centre of academic, artistic, cultural and social life. The city is also an important economic centre in Romania, with several international companies with operations there including US-based Amazon.com.

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