ROMATSA to post gross profit of 3.79 million lei in 2008

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The Romanian Air Traffic Services Administration (ROMATSA) will post a gross profit of 3.79 million lei (1 euro=3.71 lei) in 2008 while the accountable gross profit will stand at 3.21 million lei, according to the company’s budget for 2008.
 
The company forecasts total revenues of 541.67 million lei for 2008 and expenses of 537.27 million lei. ROMATSA’s exploitation revenues will stand at 537.27 million lei and the investments at 61.28 million lei.
 
Starting with 1991, year of the establishment, the priority task has been the provision of air traffic services for the aircraft operating GAT (General Air Traffic) flights, under IFR (Instrument Flight Rules) conditions, within the Romanian airspace, as well as within any other airspace allotted to Romania following to international agreements.
 
ROMATSA provides the organization and the achievement of the air traffic control in view of fulfilling the commitments stated in the ICAO (International Civil Aviation Organization) Annexes 2 and 11 of the Chicago Convention; the organization and the achievement of the aeronautical information in view of fulfilling the commitments stated in the ICAO Annex 15 of the Chicago Convention; Also, it provides the organization and the achievement of the endowment, in accordance with the provisions of ICAO and the standards established by EUROCONTROL (European Organization for the Safety of Air Navigation) and LCIP (Local Convergence and Implementation Plan) – ROMANIA.
 
It ensures the safety, capacity and the operational and economic efficiency for the civil air traffic system, the smooth and fair application of the specific rules and regulations to the air traffic operators, as well as to the neighbouring air traffic systems, observing the requirements of the environment protection and of the national safety.
 
ROMATSA provides the control and the unitary development of the air traffic control activity for the aircraft belonging to both the users and the operators, it promotes the harmonization and the integration with the European specialized system (EUROCONTROL).
 
The joined concern of ROMATSA and the Ministry of National Defence provides the coordinated use of the Romanian airspace by both civil and military aviation.
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