Jat Airways to be privatized before the end of the year

Jat Airways (Belgrade) should be privatized by the end of the year according to Infrastructure Minister Milutin Mrkonjić in this report by BE92.

According to Bloomberg, Turkish Airlines (Istanbul) is prepared to “enter an arrangement” with Serbia’s state-owned JAT Airways with the goal of forming a new company called Balkan Airways, Tanjug newswire reported, citing government minister Sulejman Ugljanin.

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Copyright Photo: Rolf Wallner. Please click on the photo for details about the struggling airline.