Air Asia chce kupić JAT i stworzyć hub w Belgradzie
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BELGRADE: AirAsia Bhd is in talks with Belgrade to buy the Serbian national airline JAT, Transport Minister Milutin Mrkonjic told the media yesterday.
Mrkonjic refused to reveal details, but said he expects positive results from the ongoing negotiations, Tanjug news agency reported.
The company, which plans to make Belgrade its regional hub for flights from Europe to the Far East via Kuala Lumpur, is expected to make its bid for the Serbian carrier by the end of the week, according to local media.
After two failed attempts to sell JAT, the Serbian government made a public appeal for a strategic partnership to create a new national airline that would replace JAT. That bid also failed however after the only potential partner, Latvia’s Air Baltic, withdrew. — AFP
This article appeared in The Edge Financial Daily on September 6, 2012.