Jat Airways, the Serbian state-owned carrier, could cease operations soon, Serbia's Blic newspaper reported. It added that Jat only operates seven airworthy aircraft, a mix of 737 Classics and ATR 42-200s, half the number it had last year. It lost €23.5 million ($31.8 million) in 2009 and expects another deficit this year, CEO Srdjan Radovanovic told reporters in Belgrade in March (ATW Daily News, March 23). The government has tried unsuccessfully to find a buyer and now is ...

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