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JAT B707 preparing for departure
Belgrade Airport, 1980

Officially Turkish

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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.
December 20, 2008
BH Airlines bosnia and herzegovina Privatisation
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JAT B707 preparing for departure
Belgrade Airport, 1980

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