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Hemus Air purchases Bulgaria Air

Sofia, Bulgaria - For USD 8.5m

Bulgarian State-owned Bulgaria Air, after a public tender, was purchased by Hemus Air for USD 8.5m, plus 103.4m offered by the airline as an investment. Unless eventual relaunches, 99.9% of Bulgaria Air should go to Hemus Air, which was born in 1991 as a second Bulgarian State carrier and privatized ten years later and now owned by Chimimport Group. Hemus operates from Sofia with a fleet including...

AVIONEWS - World Aeronautical Press Agency - 67382

AVIONEWS - World Aeronautical Press Agency
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