Carpatair SA (Romania)

Carpatair, a joint-stock company, is established in 1999 in Bucharest with its operation base in Cluj-Napoca. In spring 1999, Carpatair inaugurates two scheduled services: Cluj-Venice (Treviso) and Cluj-Budapest. The same year, Cluj-Bologna flight is launched. The present title was adopted in December 1999 when Swiss and Swedish investors took a 49% stake in the company. The airline is owned by Romanian shareholders (51%) and Swiss and Swedish shareholders (49%). In 2007 The same year when Romania enters the family of the European Union, Carpatair passes its second IOSA audit, continuing to prove its high safety standards. According to the European Regions Airline Association (ERA) statistics of 2007, Carpatair is the first company among the ERA airline members in terms of departure punctuality, with 93.7% flights on time. In 2008, Carpatair operates over 70 flights per day in 6 countries, covering over 30 destinations in Europe, of which 10 are destinations in Romania.