TAROM (Romanian pronunciation: [ta'rom]; legally Compania Na?ionala de Transporturi Aeriene Române TAROM S.A.) is the flag carrier and oldest currently operating airline of Romania, based in Otopeni near Bucharest. Its headquarters and its main hub are at Henri Coanda International Airport. It is currently the first and largest airline operating in Romania based on international destinations, international flights and the second-largest measured by fleet size and passengers carried. The brand name is an acronym for Romanian: Transporturile Aeriene Române (Romanian Air Transport). Over ninety-seven percent (97.22%) of TAROM is owned by the Romanian Government (Ministry of Transport). The airline transported almost 2.75 million passengers in 2018, with an average load factor of 74%. The airline joined SkyTeam on 25 June 2010.