Skip to main content
  • Home

Search This Site

EX-YU Aviation News

EX-YU Aviation News

  • About
  • Vintage
  • Trip Reports
  • Newsletter
  • Support

EX-YU VINTAGE


Zagreb Airport, 1968

B&H airlines privatisation: Deadline extends as Turks confirm interest

  • Get link
  • Facebook
  • X
  • Pinterest
  • Email
  • Whatsapp
  • Telegram
  • Reddit
  • Linkedin
  • Other Apps
The government of Bosnia and Herzegovina has agreed to extend the deadline of the tender for the sale of its national airline, BH, by 30 days. The new deadline has now been established to be August 29, 2008. The decision was made due to a new firm interested in becoming the airlines strategic partner – The Islamic Corporation for the Development of the Private Sector. Interest has also been declared by Croatia’s national airline and a company from Malaysia however Turkish Airlines has expressed the greatest interest so far.

The CEO of Turkish Airlines expressed an interest in bidding for a 49% stake in BH Airlines after meeting with the premier of the Federation of Bosnia and Herzegovina Dr. Nedžad Branković. “Turkish Airlines representatives have confirmed their already expressed interest in taking part in the process" he said in a statement. "They said the extended tendering was a chance for them to prepare a high quality offer... to bid for becoming a strategic partner”.

The federation government owns 99% of the company, with 1 percent held by regional engineering group Energoinvest. BH Airlines went bankrupt in 2003, but resumed operating in 2005 after a deal with Hypo Alpe Adria bank to settle most of its debt. The company employs 89 people and transported some 70.000 passengers in 2007.
August 01, 2008
BH Airlines bosnia and herzegovina Privatisation sarajevo
  • Get link
  • Facebook
  • X
  • Pinterest
  • Email
  • Whatsapp
  • Telegram
  • Reddit
  • Linkedin
  • Other Apps

Comments

Post a Comment

EX-YU Aviation News does not tolerate insults, excessive swearing, racist, homophobic or any other chauvinist remarks or provocative posts with the intention of creating further arguments. A full list of comment guidelines can be found here. Thank you for your cooperation.

VINTAGE EX-YU


Zagreb Airport, 1968

POPULAR THIS WEEK

Image

Wizz Air Abu Dhabi's exit opens door for competitors in the Balkans

Image

Wizz Air Abu Dhabi halts Belgrade, Sarajevo sales

Image

Tbilisi success prompts Air Serbia to explore new Eastern routes

Image

Belgrade Airport eyes million passengers in single month this August

Image

Croatia registers strong passenger growth on Spain routes

Powered by Blogger
© EX-YU Aviation News 2008 - 2025