observatornews.ro/economic/compania-aeriana-romane
Romanian airline Dan Air has filed for insolvency due to debts exceeding 126 million lei, despite reporting a profit in 2025. The request was submitted to the Ilfov Tribunal, and the court has yet to set a hearing date. Dan Air's financial situation shows a significant increase in liabilities, with negative equity. Founded in 2017, the airline initially operated flights for other carriers before establishing its own routes. It continues to operate regular flights from Bucharest and Bacau to various international destinations. Dan Air is the second Romanian airline to seek insolvency recently, following AnimaWings.