SERBIA TO FORM NEW NATIONAL AIRLINE COMPANY

admin
By admin August 2, 2011 08:41

SERBIA TO FORM NEW NATIONAL AIRLINE COMPANY

Serbia is seeking investors to form a new national airline to replace its ailing JAT Airways.

Serbia’s infrastructure ministry says that airlines that carried more than 1.5 million passengers last year or financial organizations with a stake of at least 5% in an airline business are qualified to bid for JAT Airways.

JAT reports losses since the 1990s and has recently borrowed over €100 million from the government to renew its fleet of 14 aircraft.

Deloitte was hired last year to find a strategic partner to take over JAT Airways and build a new airline by the end of 2011.

admin
By admin August 2, 2011 08:41
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fserbia-to-form-new-national-airline-company%2F"> registered </a> users can comment.