The Air Moldova airline is in a deep financial crisis. The bank conditioned the company to increase the deposit amount to guarantee the refund of unused tickets. Thus, a deficit of funds necessary for the company’s activity was formed. This abusive blocking by the bank is financially constraining the company.
Author: Notes Air Moldova employees
In this context, it is noted that currently Air Moldova is unable to pay:
employees’ salaries for the months of February, March and April, the services of the State Enterprise Chisinau International Airport, the servicing of contracted aircraft, the refueling of aircraft, the payment of debts to all service providers
As a result, employees say, more flights are being canceled and the company is unable to honor its obligations to passengers, partners and employees.
“In this way, we request the involvement of the president in the created situation, being our last chance to save the National Operator Air Moldova. Otherwise, in less than a few days the company will go bankrupt, and we 285 civil aviation specialists will lose our jobs, more than 70 thousand passengers will lose their purchased tickets and the state budget will lose one of the more taxpayers”, the petition also notes.
More specifically, the necessary actions include;
1. Partial unlocking of the deposit imposed by the bank, in order to be able to pay for aircraft servicing, which would stop mass flight cancellations.
2. Unblocking by state bodies of the company’s assets, which can be used to cover the company’s debts.
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p class=”mb-8 px-6 md:px-0 font-bitter text-s17-l170 md:text-s18-l170 text-c121212″>3. Unlocking the share capital of Air Moldova, which would allow attracting investors.
