- Dan Air entered insolvency proceedings on 6 November 2026 after Bucharest Court approval.
- Total debts grew from 90 million lei, approx. €17.5 million, in 2024 to 126.3 million lei, approx. €24.4 million, by the end of 2025.
- A €10 million environmental debt to Romania’s Environmental Fund Administration triggered the filing.
- A Netopia dispute led to cancellations for over 11,000 passengers.
- RTZ & Partners has been appointed as administrator, and Dan Air stated that scheduled flights and wet-lease operations continue normally.
Dan Air has entered insolvency proceedings on 6 November 2026 after approval by the Bucharest Court. The low-cost airline requested court-supervised reorganisation to protect its business from aggressive creditors and restructure financial liabilities. Total debts grew from 90 million lei, approx. €17.5 million, in 2024 to 126.3 million lei, approx. €24.4 million, by the end of 2025.
A €10 million environmental debt to Romania’s Environmental Fund Administration for mandatory carbon allowances triggered the filing. The filing coincided with a dispute with online payment processor Netopia. Dan Air claimed Netopia withheld ticket sale funds, and bookings for over 11,000 passengers were cancelled due to non-payment.
Romatsa threatened to suspend terminal services to Dan Air over unpaid invoices from earlier in 2026 on the day of court approval. Insolvency regulations generally restrict suppliers from cutting services during an active reorganisation plan. RTZ & Partners has been appointed as administrator, and Dan Air stated that scheduled flights and wet-lease operations continue normally.
