- AIR BOSNA
The airline was initially founded on 12 August 1994 as Air Bosna.In the autumn of 2003, the airline ceased operations due to an increased debt that it could no longer repay. It remained defunct until May 2004, when the Government of Federation of Bosnia and Herzegovina promised to revive it. In June 2005 it restarted operations as B&H Airlines, operating a pair of ATR-72 aircraft. In late 2007, the Bosnian government announced it was to sell shares in B&H Airlines.On 23 February 2008 it was reported that Turkish Airlines were in negotiations to buy the airline,and on 30 March 2008 that Croatia Airlines was also interested in a stake.The government of the Federation of Bosnia and Herzegovina also invited Comintel and MyAir (in addition to Turkish Airlines and Croatia Airlines) to recapitalise the airline. Bids were received from Turkish Airlines, Malaysia's Comintel Corporation and a Jordanian consortium, which included Royal Jordanian.On 29 October 2008, the Bosnian government announced that Turkish Airlines had been picked as the best bidder in an auction for B&H Airlines shares.Turkish Airlines proposed to sub-lease B&H Airlines two Boeing aircraft, if requested by the airline, and in return for 49% of the shares of the company covered the lease payments of the Boeing aircraft and participated in capital increase decisions. However, in June 2012 Turkish Airlines ended the joint venture following which the government of Bosnia and Herzegovina gave the airline a cash injection of €3.5 million. As of mid-2012, the airline is jointly owned by the government of the Federation of Bosnia and Herzegovina (99.93%) and Energoinvest (0.07%), after the government's purchase of a former joint stake by Turkish Airlines (49%) In April 2013 the airline had to cancel flights when its only airworthy ATR 72 aircraft was withdrawn for maintenance. Its other ATR 72 had been previously grounded for similar maintenance. B&H Airlines and Croatia Airlines have been rated as best in terms of safety in the former Yugoslavia in 2013 for a second year running while Air Serbia’s improved product saw its rating build on 2012, thus offering the best service in the former Yugoslavia, according to AirlineRatings.com which lists safety and service ratings for 425 airlines around the world. In 2014, B&H Airlines maintained the list of one of the safest airlines in the region again for third year in a row.
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