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Finance / Bosnia-Herzegovina

Turkish Airlines Best Bid For BH Airlines

October 2008 | Privatisation News Alert

In a move that could see Turkish Airlines expand in Europe, the Bosnian government has declared that Turkish Airlines was the best bidder for its flag carrier BH Airlines Transport and Communications Minister Nail Seckanovic said 'Turkish Airlines was ranked among those which had submitted bids and we are starting negotiations on the contract details.' The government, which is selling a 49% stake in the airline, said that Malaysia's Comintel Corporation and a Jordanian consortium, which included Royal Jordanian Airline, were among the other companies that participated.

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