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Aircraft and airlines. Serbian government to assume JAT Airways' debt

Belgrade, Serbia - Workforce downsizing and introduction of new airplanes expected

On Friday 22 March 2013, speaking with journalists in Belgrade, Serbian Minister for Transportation Milutin Mrkonjic announced that the government will support the recovery of the state-owned carrier JAT Airways assuming the roughly 170-million-Euro liabilities of the company. "We believe JAT will be able to break even this year without the debt burden", the Minister declared. Mrkonjic also claimed...

AVIONEWS - World Aeronautical Press Agency - 1150814

AVIONEWS - World Aeronautical Press Agency
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