Minister: Jat Airlines to remain national carrier
Jat Airways will undergo a restructuring in the next four to six weeks but will remain Serbia's national airline, Transportation Minister Milutin Mrkonjić says.
Tuesday, 19.02.2013.
15:39
BELGRADE Jat Airways will undergo a restructuring in the next four to six weeks but will remain Serbia's national airline, Transportation Minister Milutin Mrkonjic says. Jat will lease six new planes and be released from its debt, which will most likely be transferred to the state, Mrkonjic said at an event dedicated to the air traffic development strategy at the Air Traffic Services Agency at Belgrade Airport. Minister: Jat Airlines to remain national carrier The minister said the company would reduce its staff by offering them a chance to leave with redundancy pay. He said all potential strategic partners were welcome. Mrkonjic added the new Jat management would be made up of experts and noted the goal was for the company to finish the year in the black. Milutin Popovic, assistant minister for air transport, said there is an idea to use Jat's old planes to form a new low-cost airline together with charter airline Aviogenex, which would be a subsidiary of Jat. Jat Airways director Vladimir Ognjenovic said the company's debt currently totals EUR 170 million and it receives no government subsidies, but that despite problems with its aging fleet it has increased the number of passengers and revenue by EUR 6.5 million in the last two years. Tanjug
Minister: Jat Airlines to remain national carrier
The minister said the company would reduce its staff by offering them a chance to leave with redundancy pay.He said all potential strategic partners were welcome.
Mrkonjić added the new Jat management would be made up of experts and noted the goal was for the company to finish the year in the black.
Milutin Popovič, assistant minister for air transport, said there is an idea to use Jat's old planes to form a new low-cost airline together with charter airline Aviogenex, which would be a subsidiary of Jat.
Jat Airways director Vladimir Ognjenović said the company's debt currently totals EUR 170 million and it receives no government subsidies, but that despite problems with its aging fleet it has increased the number of passengers and revenue by EUR 6.5 million in the last two years.
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