The Romanian airline HiSky has obtained the foreign air carrier license from the Canadian Transportation Agency, granting it permission to operate regular flights. This makes Canada the second North American country, after the United States, to authorize HiSky to establish regular routes on its territory, following a comprehensive verification process. HiSky thus becomes the only company in Romania taking steps towards launching flights to Canada, while also owning the necessary capability to operate non-stop on this long-haul route with an Airbus 330-200 aircraft. "When we added an aircraft with increased range to our fleet, we specifically aimed to establish these efficient connections between Romania and the most demanded destinations by our passengers. We are extremely close to the first direct flight from Bucharest to New York after more than 20 years, and the news of obtaining the license for flights to Canada supports our strategy to increase the number of long-haul routes. Canada is home to a large Romanian diaspora, but it is also an increasingly popular destination for vacations and business. Therefore, we are considering launching the first routes as soon as possible, to meet this need for direct connections between Bucharest and this country’s most popular cities," said Iulian Scorpan, CEO of HiSky. Currently, Romanian passengers do not have any direct travel options to Canada, following the suspension, in 2020, with no announced intention of resuming flights, of the Bucharest-Toronto route, previously operated by a foreign company. With the relaunch of flights to this country, Romanians, departing from the capital, could reach the major Canadian cities, Toronto and Montreal, in about 10 hours. HiSky is currently the second largest air transport operator registered in Romania and the only company in the country operating regular transatlantic flights. Alongside a wide-body Airbus A330 with a 14-hour uninterrupted flight range, the company also has seven other narrow-body aircraft from the Airbus A320 family in its fleet, with a total capacity of over 1500 seats.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
