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Blue Air
Blue Air is a Romanian low-cost airline headquartered in Bucharest, with its hub at Henri Coandă International Airport. It is the largest Romanian airline by scheduled passengers flown. In 2017, Blue Air carried over 5 million passengers, a 40% increase over the 3.6 million passengers flown the previous year. As of September 2022, Blue Air served 75 scheduled destinations in 21 countries. Blue Air was forced to suspend all operations on 6 September 2022 and did not plan to resume any flights before late 2022. As of November 2022, its license had been suspended. History Foundation and early years Founded by Nelu Iordache, Blue Air started operating in December 2004. Blue Air initially operated domestic and international flights, although domestic services were soon discontinued due to low sales and competition from TAROM, as well as Căile Ferate Române, the Romanian rail company. Blue Air resumed domestic operations in 2015, starting with Bucharest to Iași flights. On 12 ...
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Henri Coandă International Airport
Bucharest Henri Coandă International Airport ( ro, Aeroportul Internațional Henri Coandă București) is Romania's busiest international airport, located in Otopeni Otopeni () is a town in Ilfov County, Muntenia, Romania, some north of Bucharest along the DN1 road to Ploiești. It has 15,850 inhabitants, of which 99.0% are ethnic Romanians. One village, Odăile, is administered by the city. Henri Coandă ..., north of Bucharest's city centre. It is currently one of the two airports serving the capital of Romania. The other is Aurel Vlaicu International Airport, Aurel Vlaicu Airport, which no longer serves scheduled passenger traffic. The airport is named after Romanian flight pioneer Henri Coandă, builder of Coandă-1910 aircraft and discoverer of the Coandă effect of fluidics. Prior to May 2004, the official name was ''Bucharest Otopeni International Airport'' (Romanian language, Romanian: ''Aeroportul Internațional București Otopeni''). Henri Coandă Internation ...
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Business Review
'' Economic Insights'' (formerly ''Business Review'') is a quarterly publication of the Federal Reserve Bank of Philadelphia comprising articles written by in-house staff economists aimed at readers with a general interest in economic issues. Topics covered include economic policy, banking, and financial and regional economics. History ''Business Review'' has been published on a quarterly basis since 1925, and online archives from 1975 onward are available on the Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia — also known as the Philadelphia Fed or the Philly Fed — headquartered at 10 Independence Mall in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers .... References External links * {{official website, http://www.philadelphiafed.org/research-and-data/publications/business-review/ Economics journals Quarterly journals ...
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Turin
Turin ( , Piedmontese language, Piedmontese: ; it, Torino ) is a city and an important business and cultural centre in Northern Italy. It is the capital city of Piedmont and of the Metropolitan City of Turin, and was the first Italian capital from 1861 to 1865. The city is mainly on the western bank of the Po (river), Po River, below its Susa Valley, and is surrounded by the western Alps, Alpine arch and Superga Hill. The population of the city proper is 847,287 (31 January 2022) while the population of the urban area is estimated by Larger Urban Zones, Eurostat to be 1.7 million inhabitants. The Turin metropolitan area is estimated by the Organisation for Economic Co-operation and Development, OECD to have a population of 2.2 million. The city used to be a major European political centre. From 1563, it was the capital of the Duchy of Savoy, then of the Kingdom of Sardinia ruled by the House of Savoy, and the first capital of the Kingdom of Italy from 1861 to 1865. T ...
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Cluj
; hu, kincses város) , official_name=Cluj-Napoca , native_name= , image_skyline= , subdivision_type1 = Counties of Romania, County , subdivision_name1 = Cluj County , subdivision_type2 = Subdivisions of Romania, Status , subdivision_name2 = County seat , settlement_type = Municipiu, City , leader_title = Mayor , leader_name = Emil Boc , leader_party = National Liberal Party (Romania), PNL , leader_title1 = Deputy Mayor , leader_name1 = Dan Tarcea (PNL) , leader_title2 = Deputy Mayor , leader_name2 = Emese Oláh (Democratic Alliance of Hungarians in Romania, UDMR) , leader_title3 = City Manager , leader_name3 = Gheorghe Șurubaru (PNL) , established_title= Founded , established_date = 1213 (first official record as ''Clus'') , area_total_km2 = 179.5 , area_total_sq_mi = 69.3 , area_metro_km2 = 1537.5 , elevation_m = 340 , population_as_of = 2011 Romanian census, 2011 , population_total = 324,576 , population_foot ...
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Bacău
Bacău ( , , ; hu, Bákó; la, Bacovia) is the main city in Bacău County, Romania. At the 2016 national estimation it had a population of 196,883, making it the 12th largest city in Romania. The city is situated in the historical region of Moldavia, at the foothills of the Carpathian Mountains, and on the Bistrița River (which meets the Siret River about to the south of Bacău). The Ghimeș Pass links Bacău to the region of Transylvania. Etymology The town's name, which features in Old Church Slavonic documents as ''Bako'', ''Bakova'' or ''Bakovia'', comes most probably from a personal name. Men bearing the name Bakó or Bako are documented in medieval TransylvaniaRădvan 2010, p. 456. and in 15th-century Bulgaria, but according to Victor Spinei the name itself is of Turkicmost probably of Cuman or Pechenegorigin. Nicolae Iorga believes that the city's name is of Hungarian origin (as Adjud and Sascut). Another theory suggests that the town's name has a Slavic origin, ...
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Aurel Vlaicu International Airport
Aurel Vlaicu International Airport (largely known as Băneasa Airport or Bucharest City Airport) is located in Băneasa district, Bucharest, Romania, north of the city center. Named after Aurel Vlaicu, a Romanian engineer, inventor, aeroplane constructor, and early pilot, it was Bucharest's only airport until 1969, when the Otopeni Airport (today ''Henri Coandă International Airport'') was opened to civilian use. Until March 2012, when it was converted into a business airport, Aurel Vlaicu International was the second airport in Romania in terms of air traffic, and Bucharest's low-cost airline hub. History The first flights in the Băneasa area took place in 1909 and they were carried out by the French pilot and aviation pioneer Louis Blériot, who flew on 18 October at the . In 1912, one of first flight schools in Romania was opened on the Băneasa airfield by George Valentin Bibescu. This makes Băneasa airport the oldest continuously operating airport in Eastern Europe, ...
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LOT Polish Airlines
LOT Polish Airlines, legally incorporated as Polskie Linie Lotnicze LOT S.A. (, ''flight''), is the flag carrier of Poland. Established in 1928, LOT was a founding member of IATA and remains one of the world's oldest airlines in operation. With a fleet of 75 aircraft as of 2021, LOT Polish Airlines is the 18th largest operator in Europe with over 120 destinations across Europe, Asia and North America. The airline was founded on 29 December 1928 by the Polish government during the Second Polish Republic as a self-governing limited liability corporation, taking over existing domestic airlines Aerolot (founded in 1922) and Aero (founded in 1925), and began operations on 1 January 1929. The first aircraft used by LOT were Junkers F.13 and Fokker F.VII with the inaugural international service to Vienna, Austria, beginning on 2 August 1929. Most of the destinations originate from its hub at Warsaw Chopin Airport. Since 2018, LOT has maintained two long-haul routes from Budapest Fer ...
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Boeing 737 MAX 8
The Boeing 737 MAX is the fourth generation of the Boeing 737, a narrow-body airliner manufactured by Boeing Commercial Airplanes (BCA), a division of American company Boeing. It succeeds the Boeing 737 Next Generation (NG) and competes with the Airbus A320neo family. The new series was announced on August 30, 2011. It took its maiden flight on January 29, 2016 and was certified by the United States Federal Aviation Administration (FAA) in March 2017. The first delivery was a MAX 8 in May 2017 to Malindo Air, with which it commenced service on May 22, 2017. The 737 MAX is based on earlier 737 designs, with more efficient CFM International LEAP-1B engines, aerodynamic changes, including distinctive split-tip winglets, and airframe modifications. The 737 MAX series has been offered in four variants, offering 138 to 204 seats in typical two-class configuration, and a range of . The 737 MAX 7, MAX 8 (including the 200–seat MAX 200), and MAX 9 are intended t ...
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Boeing 737-500
The Boeing 737 Classic is a series of narrow-body aircraft, narrow-body airliners produced by Boeing Commercial Airplanes, the second generation of the Boeing 737 series of aircraft. Development began in 1979 and the first variant, the 737-300, first flew in February 1984 and entered service that December. The stretched 737-400 first flew in February 1988 and entered service later that year. The shortest variant, the 737-500, first flew in June 1989 and entered service in 1990. Compared to the original series, the classic series was re-engined with the CFM56, a high-bypass turbofan, for better Fuel economy in aircraft, fuel economy and had upgraded avionics. With a Maximum Takeoff Weight, MTOW, it has a range of . At the -500 is similar in length to the original 737-200 and can fly 110 to 132 passengers. The -300 can seat 126 to 149 passengers while the -400 accommodates 147 to 168 seats. It competed with the McDonnell Douglas MD-80 series, then with the Airbus A320 fami ...
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Boeing 737-300
The Boeing 737 Classic is a series of narrow-body airliners produced by Boeing Commercial Airplanes, the second generation of the Boeing 737 series of aircraft. Development began in 1979 and the first variant, the 737-300, first flew in February 1984 and entered service that December. The stretched 737-400 first flew in February 1988 and entered service later that year. The shortest variant, the 737-500, first flew in June 1989 and entered service in 1990. Compared to the original series, the classic series was re-engined with the CFM56, a high-bypass turbofan, for better fuel economy and had upgraded avionics. With a MTOW, it has a range of . At the -500 is similar in length to the original 737-200 and can fly 110 to 132 passengers. The -300 can seat 126 to 149 passengers while the -400 accommodates 147 to 168 seats. It competed with the McDonnell Douglas MD-80 series, then with the Airbus A320 family which prompted Boeing to update its offer with the 737 Next Gene ...
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Bankruptcy Protection
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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Agerpres
AGERPRES () is the national news agency of Romania. History The National News Agency "AGERPRES" is the oldest Romanian news agency and the first autonomous agency in Romania. It was established in March 1889 at the initiative of Foreign Minister Petre P. Carp, as the Telegraph Agency of Romania or Romanian Agency with serving as a "fast and accurate service of all general or special interest news". The Telegraph Agency of Romania was suspended from the end of 1916 until the end of World War I. On June 16, 1921, it established the agency Orient-Radio, "caring only for the general interest and that of its subscribers." In 1926 it takes place a new reorganization of the agency, the Romanian Parliament decided shifting to name RADOR - Information Telegraph Agency. Later, in 1949, the first news agency in Romania becomes AGERPRES. In 1990, is established ROMPRES and six years later ROMPRES becomes a member of the European Alliance of News Agencies (EANA). The first website of th ...
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