Thursday, September 20, 2012

Buraq Air tipped for B&H takeover

Libya’s Buraq Air eyes B&H

The Libyan based Buraq Air is the likeliest candidate to take over a 49% stake in B&H Airlines, local media report. The airline is said to be prepared to heavily invest into the Bosnian carrier, and has presented its plans to the Federation government. The government is willing to sell the share package but not at any cost. A contract will be drafted specifying the exact roles of each part owner so as to avoid a repeat of the failed Turkish Airlines partnership. Official talks with Buraq Air are set to begin next week.

The Libyan airline is based in the capital Tripoli. With nine aircraft it operates flights to seven cities. Its destination network use to be significantly larger prior to the Libyan civil war in 2011 with Sarajevo being one of its destinations. The strength of a potential partnership with Buraq would likely be that it wouldn’t use B&H as a feeder airline, rather, it would use it as its window to Europe.

Meanwhile, the government has outlined a range of issues it had with Turkish Airlines since 2008, when it took over a 49% stake in the carrier, until its withdrawal from the arrangement earlier this year. The government blames the Turks for turning B&H into a feeder airline. Furthermore, Turkish managed B&H and made decisions without consulting its majority share holder - the government. It also accuses Turkish Airlines of registering B&H aircraft (the Airbus A319 and Boeing 737-400) in Turkey itself, meaning taxes were payed to the Turkish government, instead of staying in the country. Finally, the government holds Turkish Airlines responsible for failing to develop a domestic network in Bosnia and Herzegovina and leaving B&H with more debt than it had prior to the partnership. B&H Airlines has 120 employees, though experts warn it should have only half of that.

29 comments:

  1. Sarajevo will remain a cashcow for star alliance for many decades to come. The rest is just cheap talk.

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  2. All the time funny news from Sarajevo and Shkupi.

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    1. You mean Skopje.

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  3. "Window to Europe" is the sort of talk that leads airlines to failure. Yet another half-baked piece of non-news.

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  4. "...rather, it would use it as its window to Europe." With its two ATR it seems more like a hopper to Europe or a ventilation valve rather than a window...

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  6. Two A321 today from SVO at BEG, full loads or some event?

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    1. The first one has continued to TIV, but any clue why both AP and HG have cancelled their flights this morning?

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  7. and what about WZZ805 at BEG this morning?

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  8. "and what about WZZ805 at BEG this morning? "

    That's an interesting story...

    Wizz will start BEG-BVA 3x weekly on 01JUN.

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    1. Oh actually, so with the departure of airfrance, we got double frequencies by Jat and and a route to the new airport.

      Okay so, au revoir airfrance and 270euro ticket to CDG ;).

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    2. And why Wizz ending Eindhoven flights?
      That can only be fleet shortage because of their shitty second aircraft !
      But Skopje gets Eindhoven flights...
      I would love to kick every single one of the Wizzair employees in their face and ass !

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    3. Maybe bye bye AIR FRANCE, but not bye bye CDG as Jat flies there too. I am not sure if any airline from any EX YU airport flies to ORY at the moment? Wizz is taking over, slowly but surely.

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  9. OT: Belgrade - Paris has just confirmed: http://www.aviokarta.net/vesti/1422-wizz-air-do-pariza-od-juna-naredne-godine/
    ;-)

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  11. This should be interesting, I hope it materializes:

    http://www.politika.rs/rubrike/Srbija/Avionom-od-Zlatibora-do-mora.sr.html

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  12. Any chances of launching Sarajevo-Kraljevo flights ever?

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  13. Flights from Dubrovnik yesterday and today
    Popunjenost jučer:

    CTN A319 na liniji DBV - ZAG pax 145
    Aeroflot A320 na liniji DBV - SVO pax 135
    CTN A320 na liniji DBV - FRA pax 148
    Travel Service B738 na liniji DBV - POZ/KRK 112
    Thomas Cook A320 na liniji DBV - BRU pax 106
    CTN A320 na liniji DBV - ZAG pax 160
    British Airways A319 na liniji DBV - LGW pax 125
    Vueling A320 na liniji DBV - BCN pax 170
    CTN DH8D na liniji DBV - ZAG pax 75
    Norwegian B738 na liniji DBV - OSL pax 182
    Austrian A321 na liniji DBV - VIE pax 193
    CTN A320 na liniji DBV - ZAG pax 159
    Lufthansa E190 na liniji DBV - MUC pax 112
    Monarch A320 na liniji DBV - LGW pax 170
    Travel Service B738 na liniji DBV - WAW pax 188
    Monarch A320 na liniji DBV - BHX pax 174
    Monarch A321 na liniji DBV - MAN pax 210
    Easy A319 na liniji DBV - LGW pax 154
    Primera B737 na liniji DBV - ARN pax 147
    Primera B737-8 na liniji DBV - MMX/GOT pax 189

    I danas:

    CTN A319 na liniji DBV - ZAG pax 140
    CTN A320 na liniji DBV - FRA pax 149
    Aeroflot A320 na liniji DBV - SVO pax 121
    Enter Air B734 na liniji DBV - BZG/POZ pax 168
    CTN DH8D na liniji DBV - VCE pax 43
    Jet2 A320 na liniji DBV - MAN pax 163
    SAS MD81 na liniji DBV - ARN pax 146
    CTN A320 na liniji DBV - ZAG pax 145
    Tarom AT72 na liniji DBV - OTP pax 37
    British Airways A319 na liniji DBV - LGW pax 125
    Vueling A320 na liniji DBV - BCN pax 168
    Iberia A320 na liniji DBV - MAD pax 88
    Germanwings A319 na liniji DBV - CGN pax 150
    Norwegian B733 na liniji DBV - OSL pax 148
    CTN A319 na liniji DBV - CDG pax 126
    Europe Airpost B733 na liniji DBV - SXB/CDG pax 130
    Austrian A321 na liniji DBV - VIE pax 195

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  14. It is beyond insanity calling a BVA Paris airport!

    Anyone being happy hurdled by W6 around Europe and having false feeling of success...GOOD ON YOU!

    If you think that this will bring income and prosperity to the region/airport…you are wrong.

    It will be hordes of gastarbeiters hopping around for the Easter break…
    TOLIKO…

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  15. Is there a bus service from Hanoi to Ho Chi Minh City?
    Since all of you fail to stay ON topic, perhaps you should be able to tell me this..

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    Replies
    1. +1
      Mene, on the other hand, zanima, koliko Masa i Mosa imaju krusaka.

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  16. Nista novo, najvise price koja nema veze sa naslovom

    ReplyDelete

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