ATW Daily News
THY's Bosnian acquisition finalized
Wednesday December 24, 2008Turkish Airlines said it signed an agreement Monday to purchase a 49% stake in Bosnian flag carrier B&H Airlines (ATWOnline, Oct. 13). The Bosnian government will continue to hold 51%. Under a first stage, THY will invest €5 million ($7 million) on the lease of two additional aircraft (one 737 and one Airbus type) for B&H, with an additional €5 million injection to follow, Reuters reported.
Other headlines:
- Delta, Virgin Blue to partner over Pacific
- Air France rolls out 'high-density' A380
- Iberia CEO Conte steps down
- G8 affirms ICAO role in emissions ahead of Copenhagen climate summit
- Delta, United fined by US DOT
- Irish lessor places $400 million GE order
- AirAsia launches courier service
- CEA granted most flights to Taiwan in expanded cross-strait deal
- US ticket sales still down but may be bottoming out
- Okay says new investors will provide CNY200 million capital injection
ATW Media Group
If you have a technical question about this site, please contact the Webmaster
Privacy Statement ·
Terms of Use ·
Digital Dropoff ·
Media Kit
Copyright ©2009 Penton Media, Inc.
XML
Podcasts
