- The airline’s assets will be sold off to repay creditors.
- Its Air Operator Certificate (AOC) will effectively lapse, ending its ability to operate flights.
- The decision marks the final stage in the airline’s prolonged financial collapse.
A Moldovan court of appeals has upheld a ruling declaring the national carrier insolvent. This came after creditors successfully appealed, leading to the formal order for liquidation.
Air Moldova has owed significant refunds to passengers (reports mention over 75,000 affected passengers in some contexts, though exact current figures may vary), along with other debts that contributed to the insolvency.
The airline has faced ongoing issues since at least 2023, when it suspended all flights and ticket sales while attempting accelerated restructuring to avoid bankruptcy. Those efforts ultimately failed, leading to this outcome.
The airline, Moldova’s flag carrier, has effectively ceased operations. If you’re a passenger or creditor affected.
