newstodate.aero
Aug 02, 2010 (newstodate): Serbia's ailing aviation industry may find relief in prospects for a take-over of JAT by Turkey's Turkish Airlines.
The prime ministers of the two countries have negotiated the issue at a recent meeting, and expectations are that a decision will soon be reached.
The Serb government has earlier said that the existing JAT will be split into two parts, one assuming the massive debts incurred by JAT, the other taking over aircraft and assets in an effort to attract a foreign investor and partner - that may very well end up being Turkish Airlines.
The prime ministers of the two countries have negotiated the issue at a recent meeting, and expectations are that a decision will soon be reached.
The Serb government has earlier said that the existing JAT will be split into two parts, one assuming the massive debts incurred by JAT, the other taking over aircraft and assets in an effort to attract a foreign investor and partner - that may very well end up being Turkish Airlines.