In July 2013, the airline declared bankruptcy and list its license as part of financial insolvency.[2]
Fleet
The Medallion Air aviation company went into bankruptcy in July 2013 and, as of this date, the Medallion Air fleet belonged to the new Romanian charter airline Ten Airways.
^"ContactArchived 1 January 2012 at the Wayback Machine." Medallion Air. Retrieved 11 December 2011. "Str. Nicolae Caramfil, Nr.77 ,Sector 1, [ Bucuresti ]"