Tag Archives for JAT.

Airlines that vanished in 2013

Twenty carriers disappeared in 2013 compared to twenty-six 2012 . Six of them were based in Eastern Europe/former USSR countries. Most of the carriers were small regional airlines with tiny fleets. Kingfisher of India was only one carrier that could have been considered major, although it has been some time since they were India’s largest airline. Nearly all of the airlinest that vanished are young but a few Evergreen, JAT, OLT Express and Ryan International are old names in the airline game. I thought Air Zimbabwe would finally vanish but they managed to get enough…

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Etihad takes on JAT

The four key middle Eastern carriers have developed very different expansion strategies: 1. Emiraes have largely gone it alone with only one major partnership: Qantas 2. Qatar are joining One World alliance 3. Turkish have used their bridge between Asia and Europe 4. Etihad are expanding via equity stakes in other airlines Now Etihad have taken on the Serbian airline JATAirways which will be renamed Air Serbia on October 1. Etihad have: acquired 49 per cent of JAT-the Serbian government owns 51pc matched a $US40 million cash injection by the government agreed to put another…

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Korean buys Czech Air

Korean Air finalised its 44 percent investment in CSA (Ceske Aerolinie AS), the Czech government owned flag carrier on April 11, 2013 for a nominal price of 2.64 million euros ($US3.4m). The government said: “We only had two options: either find a strategic partner or consider liquidation of CSA”. Korean was the only bidder for the carrier, although Qatar expressed an interest. If the European Commission loosens regulations on foreign ownership of EU carriers then Korean Air will have first option to buy the remaining 56% stake held by the government owned holding company.  If this occurs in the next twelve months, then the price…

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