From Wikipedia, the free encyclopedia
Balkan Airlines (Bulgarian: Балкан) was Bulgaria's government-owned flag carrier between 1947 and 2002. During the 1970s, the airliner became a significant European carrier. The company encountered financial instability following the fall of communism in Central and Eastern Europe. Despite managing to continue operations, following the start of the 21st century and a controversial privatisation, it declared bankruptcy in 2002. Balkan was liquidated in late October 2002. Bulgaria Air was appointed Balkan's successor in December 2002.
Founded: 29 June 1947
Commenced operations: July 1947
Ceased operations: 2002
Hub: Sofia Airport
Secondary hubs: Varna Airport, Burgas Airport. Plovdiv Airport
Headquarters: Sofia, Bulgaria
My Balkan models:
 |