Time to sell Jat

Velimir Ilić said that the Serbian Government needs to make a decision for the privatisation of JAT airways.

Izvor: B92

Thursday, 20.07.2006.

16:15

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Time to sell Jat

Ilić said that Jat’s biggest problems are it old fleet of planes and its large debts. The Government does not have the money for new aircrafts and the company cannot get credit on its own for rejuvenating its fleet.  

Ilić said that the Agreement for the free skies of Europe will be implemented next year, which will enable all air travel companies to have free access to the market and will relieve the Serbian Government of having to defend Jat through administrative methods.

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