Balkan Bulgarian Airlines
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 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 (2002-10). Bulgaria Air was appointed Balkan's successor in December 2002 (2002-12).
Read more about Balkan Bulgarian Airlines: Fleet, Accidents and Incidents
Famous quotes containing the words balkan and/or bulgarian:
“... there was the first Balkan war and the second Balkan war and then there was the first world war. It is extraordinary how having done a thing once you have to do it again, there is the pleasure of coincidence and there is the pleasure of repetition, and so there is the second world war, and in between there was the Abyssinian war and the Spanish civil war.”
—Gertrude Stein (1874–1946)
“Americans are rather like bad Bulgarian wine: they don’t travel well.”
—Bernard Falk (1943–1990)