Blue Air Technic Soars: From 43 Million Lei Debt to Profit in Two Years

Romanian Airline Maintenance Company Blue Air Technic Achieves Remarkable Profit After State Intervention Romania's Blue Air Technic, an aircraft maintenance company, has made a significant financial recovery. In November 2022, the company faced a substantial debt exceeding 43 million lei. However, following a state-led intervention involving AAAS, Blue Air Aviation, and Airline Invest, the company reported a net profit of over 4.5 million lei in 2024. This turnaround is noteworthy, given the initial financial difficulties. Daniel Geantă, president of AAAS, commented on the success: "The figures are better than we expected." He further detailed the company's operational revenue and profit, along with the increase in employment. Geantă also mentioned plans for expansion, including a new paint line, highlighting the positive outlook for the company's future. The recovery of Blue Air Technic represents a success story for Romanian business and state intervention in challenging economic situations. The company's growth and job creation contribute positively to the national economy.