TAROM: 20% more passengers

TAROM, the biggest air operator in Romania registered a four-year high for occupancy rates in the first two months of this year, following a 20% increase in the number of passengers against the same period last year, according to data supplied by the Association of European Airlines (AEA). TAROM flights had a 60% occupancy rate in January, and a 61.3% rate in February compared with the similar period in 2005 and 2006, when the occupancy rate fluctuated between 53% and 58%. In particular, TAROM exceeded the occupancy rate registered in 2004, which was considered an exceptional year for the company. Although in 2005 and 2006, the number of passengers increased by around 10% every year, TAROM had a considerably lower occupancy rate against 2004. The same can be noticed in terms of profit, in 2004, TAROM made a 12.8 million-euro profit, in the following two years, the profit stood at 1.1 million euros and 2.3 million euros respectively.