newstodate.aero
Jan 11, 2006 (newstodate): A few weeks ago, the government of Bosnia-Herzegovina decided to subsidize the state-owned airline Air Bosna with 4.5 million euro.
The cash injection reportedly aims at relieving the troubled airline's debt burden.
The government has steadfastedly supported the carrier despite sustained critical comments by the World Bank representative that what the country needs is an independent private carrier, rather that a state-supported national carrier that constantly moves on the brink of bankruptcy.
The cash injection reportedly aims at relieving the troubled airline's debt burden.
The government has steadfastedly supported the carrier despite sustained critical comments by the World Bank representative that what the country needs is an independent private carrier, rather that a state-supported national carrier that constantly moves on the brink of bankruptcy.