Romanian airline Dan Air has applied to the Ilfov Tribunal to open insolvency proceedings, citing an approximately €10 million environmental debt and seeking protection from creditors. The filing concerns the carrier’s reorganisation rather than a bankruptcy declaration. Dan Air plans to continue operating all scheduled flights, with tickets already purchased remaining valid and no action required from passengers.
The application was registered on 22 October under case number 3523/93/2026. Dan Air chief executive Matt Ian David linked the main liability to unpaid mandatory carbon certificates owed to Romania’s Environmental Fund Administration, with the debt reportedly due on 25 October and further emissions-related penalties possible. The airline also has approximately €250,000 owed to George Enescu International Airport in Bacău, its principal operating base.
Dan Air’s total liabilities increased from RON 90.2 million in 2024 to RON 126.3 million in 2025, despite the company recording a profit for the year. The carrier filed for protection roughly three weeks after Romanian airline AnimaWings made a similar move, highlighting mounting financial pressure in the country’s airline sector.
The court had not set a hearing date when the application was reported. Romanian insolvency law provides for an expedited review of a debtor’s request within up to 10 days, without summoning the parties. The procedure is intended to shield Dan Air from enforcement action while allowing it to restructure its liabilities and preserve operations.