TAROM to renegotiate business contracts to reduce costs: report

22 March, 2018

TAROM reportedly plans to renegotiate contracts with business partners to reduce costs (capital.ro, 22-Mar-2018). The carrier's plans include the renegotiation of employee insurance contracts, while maintaining existing insurance conditions. As previously reported by CAPA, Romania's Government considered measures to improve TAROM's performance, including the lease of 27 aircraft to achieve savings through fleet modernisation and standardisation, regional and international network expansion and a review of staff.