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For sale or not for sale...that is the question For sale or not for sale...that is the question

Turkish Airlines to purchase Croatia Airlines

Written by  May 12, 2016

The Croatian national airline, Croatia Airlines, could soon find itself under the wings of a new owner. The government are looking to privatise some of the few businesses controlled by the state, including Croatia Airlines, and Turkish Airlines have shown an interest in snapping up the airline.

If we estimate that this is a good business opportunity for Turkish Airlines then we will be interested in investing into Croatia Airlines, confirmed the managing director of HR for the Turkish carrier, Abdulkerim Çay. Yesterday the first flight from Istanbul by Turkish Airlines landed at the Dubrovnik Airport.

Even though the government have shown interest in privatising Croatia Airlines there is still plenty of work to be done before a public tender is announced. There has been no official announcement of the sale of the airline, or a clear model as to which version of privatisation the government will seek, a strategic partner or a complete sale.

- Turkish Airlines is a business and as yet we don’t know which way the sale of Croatia Airlines will go. However if we see a good opportunity between the two companies then we will certainly consider it – commented Abdulkerim Çay during his visit to Dubrovnik Airport.

The Voice of Dubrovnik


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