Turkish Airlines (TK) is planning to end its partnership with Bosnia and Herzegovina’s B&H Airlines (JA) by disposing of its 49% stake in the carrier.
Turkish Airlines 737-800. By Rob Finlayson Turkish Airlines (TK) is planning to end its partnership with Bosnia and Herzegovina’s B&H Airlines (JA) by disposing of its 49% stake in the carrier. TK became a JA shareholder in December 2008, when it took a 49% stake from the Bosnia and Herzegovina government as part of a recapitalization of the airline (ATW Daily News, Dec. 24, 2008). However, TK said its board has now decided to “end its partnership with B&H ...
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