economedia.ro/dan-air-intra-in-insolventa-dar-nu-i

The Bucharest Tribunal has initiated insolvency proceedings for DAN AIR, aiming for reorganization while continuing regular flights. The next flight is scheduled for November 8, 2026, from Bucharest to Damascus. Passengers without cancellation notifications are advised to attend their flights. The company emphasizes that reorganization does not equate to bankruptcy and aims to protect its operations and settle debts. DAN AIR criticizes ROMATSA for terminating its navigation services contract shortly before the court's decision. Legal restrictions prevent service interruptions for debts incurred prior to the insolvency declaration. NETOPIA Payments has retained funds from DAN AIR, affecting 11,000 passengers with canceled reservations. The court has ruled against DAN AIR's requests to resume payment processing, stating NETOPIA's actions are permissible under their contract.