Officially Turkish

The federation government of Bosnia and Herzegovina yesterday officially handed 49% of the national carrier B&H Airlines to Turkish Airlines. THY Chairman Candan Karlıtekin said yesterday that they expected to get a voice in the European aviation market with the B&H Airlines agreement. He noted again yesterday that they will have an airline company in Europe, stressing that, although B&H Airlines is a small company, this step was nevertheless important for bringing THY closer to its goal of having an effective presence in the global market. Karlıtekin noted that B&H Airlines had significant market potential despite its small size. "The company has a 14%market share in Bosnia and we expect to increase this threefold with the new investments that we plan to make", he said. THY will have three representatives on the B&H Airlines executive board. THY aims to increase flights between Balkan countries and the region, as well as flights to London's Heathrow Airport, the largest airport in the United Kingdom.