{"id":29231028,"date":"2026-10-23T10:31:22","date_gmt":"2026-10-23T08:31:22","guid":{"rendered":"https:\/\/migflug.com\/afterburner\/dan-air-insolvency-reorganisation-romania-2026\/"},"modified":"2026-10-23T10:31:53","modified_gmt":"2026-10-23T08:31:53","slug":"dan-air-insolvency-reorganisation-romania-2026","status":"publish","type":"post","link":"https:\/\/migflug.com\/afterburner\/dan-air-insolvency-reorganisation-romania-2026\/","title":{"rendered":"Dan Air Files for Insolvency but Keeps Flying: What It Means"},"content":{"rendered":"\n<style>.et_pb_title_container h1.entry-title { padding-top: 40px !important; }<\/style>\n\n\n\n<!-- mfsh:top -->\n\n<style>\n.mfsh-trigger{display:inline-flex;align-items:center;gap:10px;height:44px;padding:0 18px;margin:0 0 26px;border:2px solid #0F1720;background:#fff;color:#0F1720;font-family:inherit;font-size:14px;font-weight:700;line-height:1;letter-spacing:0;text-transform:none;cursor:pointer;box-shadow:none;transition:background .15s,color 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On Thursday, 22 October 2026, a second one walked into the courthouse, this time insisting it would walk out again.<\/p><p>Dan Air, the Bucharest-based carrier that flies a small fleet of Airbus A320-family jets, filed a request with the Ilfov Tribunal to open insolvency proceedings with the intention of reorganising, according to the company&rsquo;s own statement reported by Financial Intelligence. It says every scheduled flight will operate, tickets remain valid, and passengers do not need to do anything.<\/p><p>The filing came three weeks after AnimaWings, another Romanian airline, went down the same road.<\/p>\n\n\n\n<div style=\"background:#f4f6f9;border-left:4px solid #5C91FF;padding:18px 22px;margin:28px 0\"><p style=\"margin:0 0 10px;font-weight:700;color:#0d1117;font-size:17px\">Quick Facts<\/p><p style=\"margin:5px 0;font-size:15px;color:#333\"><strong>Airline:<\/strong> Dan Air, Romania (founded 2017 as Just Us Air)<\/p><p style=\"margin:5px 0;font-size:15px;color:#333\"><strong>Filed:<\/strong> 22 October 2026, Ilfov Tribunal<\/p><p style=\"margin:5px 0;font-size:15px;color:#333\"><strong>Procedure:<\/strong> Insolvency with intent to reorganise (court still to decide)<\/p><p style=\"margin:5px 0;font-size:15px;color:#333\"><strong>Flights:<\/strong> All scheduled flights continue, per the airline<\/p><p style=\"margin:5px 0;font-size:15px;color:#333\"><strong>Tickets:<\/strong> Remain valid; no action needed, per the airline<\/p><p style=\"margin:5px 0;font-size:15px;color:#333\"><strong>Reported trigger:<\/strong> About &euro;10 million owed to Romania&rsquo;s Environmental Fund Administration, due 25 October (Romania Insider)<\/p><p style=\"margin:5px 0;font-size:15px;color:#333\"><strong>Fleet:<\/strong> Airbus A319 and A320s, leased from Aviator Capital<\/p><\/div>\n\n\n<h2 style=\"padding-top:22px\">Why Dan Air asked for protection<\/h2>\n\n\n<p>The company calls the filing preventive. In its statement it says it has no bank loans, funds itself from operating revenue and owes nothing to its fuel suppliers or to Bucharest Henri Coand&#259; airport, but that a small number of service providers had demanded full payment of arrears before they would handle regular flights. Under a reorganisation plan, old debts would be paid on a schedule while current services are paid on time.<\/p><p>Romania Insider reports a more specific trigger: a debt of about &euro;10 million to the country&rsquo;s Environmental Fund Administration, due on 25 October. Chief executive Matt Ian David told the outlet that Dan Air has not bought the required carbon allowances since 2024. Faced with a choice between paying for emissions certificates and paying for fuel in a year of high jet fuel prices, he said, &ldquo;we chose fuel.&rdquo;<\/p>\n\n\n\n<div style=\"background:#f8f9fa;border-left:4px solid #5C91FF;padding:20px 22px;margin:18px 0 24px;font-size:16px;line-height:1.7\"><div><em>&ldquo;The insolvency procedure with intent to reorganize, requested by DAN AIR, is meant to protect the company, not bankrupt it.&rdquo;<\/em><div style=\"margin-top:10px;font-size:14px;color:#555\"><strong>Dan Air<\/strong> &mdash; company statement, 22 October 2026 (translated from Romanian)<\/div><\/div><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\" style=\"margin:0 0 24px;width:100%\"><img decoding=\"async\" class=\"skip-lazy\" data-no-lazy=\"1\" loading=\"eager\" width=\"1024\" src=\"https:\/\/migflug.com\/afterburner\/wp-content\/uploads\/sites\/4\/2026\/10\/dan-air-insolvency-reorganisation-romania-2026-img1.jpg\" alt=\"Two Dan Air Airbus A320s parked at Bacau airport in Romania\" style=\"width:100%;height:auto;max-width:100%;display:block\"><figcaption style=\"font-size:13px;color:#777;text-align:center;margin-top:6px;font-style:italic\">Two Dan Air Airbus A320s at Bac&#259;u, one of the airline&rsquo;s Romanian bases, in 2024. (Photo: Aviation404 \/ CC BY-SA 4.0)<\/figcaption><\/figure>\n\n\n<h2 style=\"padding-top:22px\">The Blue Air shadow<\/h2>\n\n\n<p>Romanian aviation has seen this film before. In 2022, Blue Air had its bank accounts frozen, suspended its flights and eventually shut down, stranding passengers across Europe. Dan Air says it filed early precisely to avoid a repeat: under Romania&rsquo;s Law 85\/2014 on judicial reorganisation, a court-supervised procedure shields a company from enforcement while it restructures.<\/p><p>Filing is not the same as opening proceedings, however. The court still has to rule on the request, and AnimaWings&rsquo; experience shows that is not automatic: a court rejected its first insolvency application for missing documents, and it filed again on the same day as Dan Air, Romania Insider reported.<\/p>\n\n\n\n<div style=\"position:relative;padding-bottom:56.25%;height:0;overflow:hidden;margin:24px 0 8px\"><iframe class=\"skip-lazy\" data-no-lazy=\"1\" loading=\"eager\" src=\"https:\/\/www.youtube.com\/embed\/F_ngK0cxmso\" style=\"position:absolute;top:0;left:0;width:100%;height:100%;border:0\" allowfullscreen><\/iframe><\/div><p style=\"font-size:13px;color:#777;text-align:center;margin:0 0 24px;font-style:italic\">Flying to Damascus on a Dan Air A320, the route that made the airline famous in 2025 (Just Planes).<\/p>\n\n\n<h2 style=\"padding-top:22px\">A small airline with a big headline route<\/h2>\n\n\n<p>Dan Air began life in 2017 as Just Us Air, flying charters and wet-lease work, took its current name in 2021 and launched scheduled flights under its own brand in June 2023. Its biggest claim to fame came on 15 June 2025, when it became the first European airline to restart regular flights to Syria, with a Bucharest&ndash;Damascus service. It carried about 235,000 passengers in 2025.<\/p><p>Its aircraft belong to the lessor Aviator Capital, which the airline says supports it. Whether that support, and a court&rsquo;s blessing, are enough to keep a small airline flying through a winter of high fuel prices and emissions bills is the question Romanian passengers will be watching.<\/p>\n\n\n\n<p><em>Sources: Dan Air statement via Financial Intelligence (22 Oct 2026), Romania Insider, FlightGlobal, aeroTELEGRAPH, Bursa, Rador<\/em><\/p>\n\n\n\n<!-- mfsh:bottom -->\n\n<button type=\"button\" class=\"mfsh-trigger mfsh-bottom\" data-mfsh-placement=\"bottom\" aria-haspopup=\"dialog\"><svg><use href=\"#mfsh-i-share\"\/><\/svg>Share this story<\/button>\n\n<!-- \/mfsh:bottom -->\n\n\n\n<style>.mfq{margin:34px 0 8px}.mfq h2{font:26px\/1.3 \"Gilroy semiBold\",Helvetica,Arial,sans-serif;color:#0d1117;padding-top:22px;margin:0 0 6px}.mfq .qa details{border-top:1px solid #5C91FF;margin:0;padding:0}.mfq .qa details:last-of-type{border-bottom:1px solid #e2e7ee}.mfq .qa summary{cursor:pointer;list-style:none;display:flex;justify-content:space-between;align-items:center;gap:16px;padding:22px 26px;font:18px\/1.7 \"Gilroy semiBold\",Helvetica,Arial,sans-serif;color:#0d1117}.mfq .qa summary::-webkit-details-marker{display:none}.mfq .qa summary::after{content:\"+\";font:24px Helvetica,sans-serif;color:#3568e0;flex:0 0 auto}.mfq .qa details[open] summary::after{content:\"\\2013\"}.mfq .qa details:hover summary{color:#3568e0}.mfq .qa .a{font:16px\/1.7 \"Gilroy regular\",Helvetica,Arial,sans-serif;color:#454e5e;padding:0 26px 24px}.mfq .qa .a a{color:#3568e0}@media(max-width:680px){.mfq .qa summary{padding:18px 14px;font-size:17px}.mfq .qa .a{padding:0 14px 20px}}<\/style>\n\n\n<section class=\"mfq\"><h2>Frequently Asked Questions<\/h2><div class=\"qa\"><details open><summary>Has Dan Air gone bankrupt?<\/summary><div class=\"a\">No. On 22 October 2026 Dan Air filed a request with the Ilfov Tribunal to open insolvency proceedings with the intention of reorganising. The airline says the procedure is meant to protect the company, not bankrupt it. The court still has to decide whether to open the proceedings.<\/div><\/details><details><summary>Are Dan Air flights still operating?<\/summary><div class=\"a\">According to the airline, all scheduled Dan Air flights continue to operate, tickets remain valid and passengers do not need to take any action. The company says it does not expect interruptions to regular flights.<\/div><\/details><details><summary>Why did Dan Air file for insolvency?<\/summary><div class=\"a\">Dan Air cites pressure from a small number of service providers demanding full payment of arrears and high jet fuel prices. Romania Insider reports that the airline also owes about 10 million euros to Romania\u2019s Environmental Fund Administration for carbon allowances, due on 25 October 2026.<\/div><\/details><details><summary>What aircraft does Dan Air fly?<\/summary><div class=\"a\">Dan Air operates a small fleet of Airbus A320-family jets, an A319 and A320s, which are owned by the leasing company Aviator Capital. The airline is based in Bucharest and also flies from Bac\u0103u.<\/div><\/details><details><summary>Which other Romanian airline filed for insolvency in 2026?<\/summary><div class=\"a\">AnimaWings filed for insolvency about three weeks before Dan Air. A court rejected its first application for missing documents, and it submitted a second petition on 22 October 2026, the same day as Dan Air.<\/div><\/details><details><summary>What is Dan Air known for?<\/summary><div class=\"a\">Founded in 2017 as Just Us Air and renamed in 2021, Dan Air became the first European airline to restart regular flights to Syria on 15 June 2025, with a service from Bucharest to Damascus. It carried about 235,000 passengers in 2025.<\/div><\/details><\/div><\/section>\n\n\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Has Dan Air gone bankrupt?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. On 22 October 2026 Dan Air filed a request with the Ilfov Tribunal to open insolvency proceedings with the intention of reorganising. The airline says the procedure is meant to protect the company, not bankrupt it. 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It carried about 235,000 passengers in 2025.\"}}]}<\/script><div style=\"background:#f0f4ff;border-left:4px solid #5C91FF;padding:16px 20px;margin:32px 0 8px\"><p style=\"margin:0 0 8px;font-weight:600;color:#333\">Related Posts<\/p><p style=\"margin:4px 0\"><a href=\"https:\/\/migflug.com\/afterburner\/animawings-insolvency-airbus-a220-grounded-romania-2026\/\">AnimaWings Files for Insolvency After Grounding All Six A220s<\/a><\/p><p style=\"margin:4px 0\"><a href=\"https:\/\/migflug.com\/afterburner\/tarom-first-boeing-737-max-8-yr-bgo-delivery-2026\/\">Tarom\u2019s First 737 MAX Arrives as Its Rescue Plan Slips<\/a><\/p><p style=\"margin:4px 0\"><a href=\"https:\/\/migflug.com\/afterburner\/frankfurt-airport-jet-fuel-shortage-lufthansa-tankering-rhine-2026\/\">Frankfurt Airport Jet Fuel Shortage: Lufthansa Orders Tankering<\/a><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share this story Romania has lost one airline to the courts this month already. On Thursday, 22 October 2026, a second one walked into the courthouse, this time insisting it would walk out again. Dan Air, the Bucharest-based carrier that flies a small fleet of Airbus A320-family jets, filed a request with the Ilfov Tribunal [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":29230987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"editor_notices":[],"footnotes":""},"categories":[665,670],"tags":[],"class_list":["post-29231028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation-world","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dan Air Insolvency: Romanian Airline Keeps Flying | MiGFlug<\/title>\n<meta name=\"description\" content=\"Dan Air insolvency: the Romanian airline filed for court-supervised reorganisation on 22 October 2026 but says all flights operate and tickets stay valid.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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