December 31, 2020| 312 0

State increases Air Serbia share by 31% for €100 million

The Serbian government has increased its share in Air Serbia to 82% through recapitalization for 100 million euros, just two days before the carrier’s partnership with Etihad Airways, which now holds an 18% stake, marks its seventh year. In comparison, Etihad turned a forty million US dollar loan provided to the Serbian carrier into a 49% stake on …

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