Earlier this year, the CEO of Croatia Airlines said that the carrier’s only saviour from bankruptcy was swift privatisation. Lufthansa was rumoured to be interested in the airline but the German carrier denied such claims several months ago. This year, Croatia Airlines is loosing its grip on the Croatian market, unable to fight again low cost airlines. Of particular concern to the carrier is the arrival of low cost airlines in Zagreb.
Turkish Airlines owns 49% of B&H Airlines and is the front runner in the purchase of Jat Airways.