Bul Air

What Bul Air does

Bul Air is a privately held Bulgarian charter airline headquartered at Sofia Airport Terminal 2, operating seasonal flights from three Bulgarian airports — Sofia, Varna, and Burgas — to more than 50 tourist destinations across Europe, the Mediterranean, and North Africa. The company operates a fleet of approximately five narrow-body aircraft (Boeing 737-300 and Airbus A319/A320 variants) optimized for short to medium-haul routes, serving tourism, corporate events, organized groups, and sports teams. The entity trades as Бул Ер ЕООД (Bul Air LTD), a private limited company domiciled in Bulgaria with no parent, no disclosed investors, and no public listing.

Bul Air's go-to-market is direct-to-consumer: customers contact the airline directly by phone or email ([email protected], +359 2 937 3737) to arrange charter flights, with pricing quoted on a bespoke basis that varies by destination, season, group size, and service requirements. Marketing is concentrated on the bilingual (Bulgarian/English) bulair.bg website, and the airline operates without a mobile app, online booking engine, or disclosed third-party distribution partnerships. The corporate brand traces to 1954, was absorbed into the state national carrier in 1973, and was revived as a modern private charter operator in 2015; by 2025 it describes itself as a fully independent charter airline operating from Sofia, Varna, and Burgas.

The business model is a single revenue stream — charter flight services billed on a transaction-fee / quote basis — with no subscription, ancillary, or freight diversification visible in the source. Customer segmentation is horizontal across use cases (tourism, events, organized groups, sports teams) rather than verticalized by industry. Technology stack is conventional: a marketing website plus standard airline operations technology; no proprietary software products, no API surface, no AI/ML features, no certifications beyond standard aviation regulatory compliance. The company has no subsidiaries, no disclosed funding rounds, no M&A activity, no patents or trademarks on record, and no public financial disclosures.

Name

Bul Air

Legal name

Бул Ер ЕООД

Website

https://bulair.bg

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

11–50 employees

Short description

Bul Air is a privately held Bulgarian charter airline operating seasonal flights from Sofia, Varna, and Burgas to 50+ destinations in Europe, the Mediterranean, and North Africa, serving tourists, event groups, organized groups, and sports teams with a narrow-body fleet of about five aircraft.

Ownership category

akta.pro rank

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Charter Flight Services: Revenue generated from providing charter flight services to tourists, events, organized groups, and sports teams. Services include flexible scheduling and expert flight planning from Bulgarian hubs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Bul Air is a Bulgarian charter airline that provides seasonal charter flight services from three Bulgarian airports (Sofia, Varna, Burgas) to more than 50 tourist destinations across Europe, the Mediterranean, and North Africa. Using a fleet of 5 narrow-body aircraft (3 Boeing 737-300, 2 Airbus A319-100, 1 Airbus A320-200), it offers flexible, expert-planned charter operations tailored to tourists, events, organized groups, and sports teams.

Product overview

Bul Air is a leading Bulgarian charter airline offering seasonal charter flights from Bulgaria to destinations in Europe, the Mediterranean, and North Africa. The company operates a fleet of three aircraft types: 3 Boeing 737-300 aircraft (short to medium-haul), 2 Airbus A319-100 aircraft (European routes), and 1 Airbus A320-200 aircraft (enhanced comfort). The core offering is professional charter flight services with flexible scheduling, serving tourism, events, organized groups, and sports teams from bases in Sofia, Varna, and Burgas to over 50 tourist destinations.

Differentiator

Problem solved

Functional benefit

Products and services

• Charter Flight Services Professional seasonal charter flight services from Bulgarian airports (Sofia, Varna, Burgas) to more than 50 destinations across Europe, the Mediterranean, and North Africa. Operations are delivered through a fleet of 5 narrow-body aircraft with flexible scheduling and expert flight planning. Services are tailored for tourists, corporate events, organized groups, and sports teams, with bookings handled directly via phone (+359 2 937 3737) and email ([email protected]).

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Enter Air: Poland's largest charter airline, operating Boeing 737 aircraft to Mediterranean, Egyptian, and Canary Island destinations on behalf of tour operators—directly comparable narrow-body charter business model serving Central/Eastern European outbound leisure demand.
• Travel Service (SmartWings Group): Czech charter operator (now consolidated under the SmartWings brand) historically flying Boeing 737 and Airbus A320 charters from Central Europe to Mediterranean destinations—comparable narrow-body charter operations, customer segments, and seasonal demand cycles.
• Freebird Airlines: Turkish charter airline operating Airbus A320 family aircraft on European and Mediterranean leisure routes—comparable narrow-body charter operations, Mediterranean network, and tour-operator customer profile.
• BH Air: Bulgarian charter airline historically tied to Bulgaria Air, operating narrow-body charter flights from Bulgarian airports to Mediterranean holiday destinations—directly comparable to Bul Air in origin geography, target customer (Bulgarian tour operators), and aircraft class.
• SmartWings: Czech-based charter airline operating a fleet of Boeing 737 and Airbus A320 narrow-bodies to Mediterranean, North African, and other leisure destinations from Central European hubs—comparable aircraft type, segment focus, and seasonal demand pattern to Bul Air.
• Nile Air: Egyptian charter and scheduled airline flying Airbus narrow-bodies between Egyptian holiday destinations (Hurghada, Sharm el-Sheikh, Cairo) and European source markets—directly comparable on the North Africa leg of Bul Air's network and on customer profile.
• Azur Air: Russian-headquartered charter airline operating Boeing 757/767 and 737 fleets on European, Mediterranean, and Asian resort routes on behalf of tour operators—comparable narrow-body-heavy charter model, tour-operator client base, and leisure network.
• Tailwind Airlines: Turkish charter operator serving European tour operators with Boeing 737 narrow-bodies—comparable charter model, customer base, and destination mix targeting Turkish and Mediterranean resorts.
• Corendon Airlines: Turkish-Dutch charter airline operating narrow-body aircraft to Mediterranean and North African leisure destinations—comparable scale, aircraft profile, and tour-operator customer segment for outbound European tourism.
• Sun Express: Lufthansa–Turkish Airlines joint venture and one of the largest European charter/scheduled-leisure carriers, operating Boeing 737 fleets into Mediterranean and Turkish coastal destinations—comparable in mission profile, narrow-body fleet, and leisure customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/bul-air

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bul Air