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Aircraft and finance. B&H Airlines faces possible bankruptcy

Sarajevo, Bosnia and Herzegovina - Austrian bank blocks the company's accounts

Enver Bijedic, the minister for transport and communications of Bosnia and Herzegovina, declared that B&H Airlines is facing a concrete risk of bankruptcy, because of the outstanding debt with an Austrian bank, which has blocked the accounts of the company: the carrier, with the exception of a 0.07% stake owned by Energoinvest, is wholly owned by the Balkan state since when, in June 2012, Turkish Airlines...

AVIONEWS - World Aeronautical Press Agency - 1150315
Rome, Italy, 03/06/2013 15:19
AVIONEWS - World Aeronautical Press Agency

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