Bulgarian international flights in 2022 have reached 74.8% of the 2019 level. This was announced by the Bulgarian Airlines Association Chair Svetoslav Stanulov at a press conference, at which an aviation market analysis was presented.
There are 19 air carriers with a valid operating licence as of the end of 2022. Currently most of the Bulgarian airlines' aircraft operate in other markets. Due to a shortage of staff, about 10% of pilots in Bulgarian airlines are foreigners. The trend of a decrease in the number of charter flights to Bulgaria continues, one of the reasons being the expansion of low-cost carriers.
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an..
The Governing Council of the Bulgarian National Bank (BNB) has ordered banks in the country to apply a minimum set of 6 indicators for monitoring credit standards when granting and renegotiating loans secured by residential real estate . The aim is to..
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