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B&H Airlines cancels all flights … again

B&H Airlines has cancelled all of its flights again until Tuesday April 16. Services to Istanbul, Zurich, Copenhagen and Banja Luka have all been cancelled as the airline’s sole operating ATR72 is believed to be undergoing scheduled maintenance. The carrier’s other ATR, grounded in Germany, is expected to return to Sarajevo soon. A total of 460.000 euros has been accumulated from the departure tax at Sarajevo Airport, which is the amount needed for the aircraft’s maintenance in Germany to be paid, Amir Jažić, B&H CEO says. The Federation government now has to clear the funds which will then be transferred to Germany.

Last week the Federation government approved a 1.3 million euro cash injection for B&H Airlines. More than half of the allocated funds will be used for fuel, followed by handling and landing and maintenance. B&H Airlines plans to launch flights to Skopje in less than a month. With the arrival of its second ATR the carrier will have the opportunity to launch another new destination during the summer. The airline has given up on previous plans to lease a jet engine aircraft.

B&H is facing stiffer competition with the recent arrival of Pegasus Airlines in Sarajevo and the potential arrival of Wizz Air. In May, Gryphon Airlines is expected to launch seasonal summer flights from Kuwait City to the Bosnian capital with its Boeing 767. It will be joined by Kuwait Airways which will operate the route through August and September with its Airbus A300-600 via Istanbul’s Sabiha Gokcen Airport. Meanwhile, local authorities have agreed for promotional flights to be operated between Moscow and Sarajevo in either June or July by Moskovia Airlines. The promo flight should serve as a prelude to regular services between the two capitals in the near future.

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B&H Airlines resumes normal operations

B&H resumes normal operations

B&H Airlines has resumed normal operations after the Hypo Alpe Adria Bank unblocked its accounts. “Unblocking our accounts was the condition for us to resume operations. Without it we would be unable to do business. After this we can breathe more easily”, Amir Jažić, the acting CEO of B&H Airlines says. Mr. Jažić claims the blockade of its accounts on behalf of the Hypo Group was uncalled for. He adds, “We still haven’t made flight plans for next week but we will operate services to three destinations (Istanbul, Zurich and Copenhagen). We will look into boosting our frequencies”.

Since March 1, B&H Airlines’ services have been affected by the blockade of its accounts. Hypo claims the carrier has outstanding payments on its loan for the purchase of two ATR72s. With the help of the Federation government a deal has now been struck, although no further details have been revealed. B&H Airlines had plans to lease a jet engine aircraft this summer season and intends to launch flights to Skopje from April 1. One of B&H’s ATRs is currently in Germany undergoing maintenance. The carrier has deposited 30.000 euros for the aircraft to be serviced.

B&H Airlines’ CEO says passengers have not been affected by the carrier’s recent troubles. Most passengers were rerouted onto other airlines, most often Croatia Airlines and Jat Airways. B&H also payed for accommodation for its passengers when it was required. The CEO says, “None of our passengers experienced any trouble. They were even treated to more comfort”.

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B&H to resume flights tonight

The national carrier of Bosnia and Herzegovina plans to resume flights tonight by operating its service to Zurich after cancelling flights to Copenhagen and Istanbul today. The cancellations come as B&H’s bank accounts have been frozen due to mounting debt and unpaid loans. The airline’s only ATR72 in Sarajevo has been on the ground for more than a week, the only exception being a flight to Istanbul operated on Wednesday. B&H’s other ATR is in Germany undergoing maintenance. The Federation government of Bosnia and Herzegovina is determined to save the carrier but has warned it faces bankruptcy if its issues with Hypo Alpe Adria Bank are not resolved soon.

Enver Bijedić, the Federation Minister for Transport and Communications, explains that flights have been suspended due to debt to the amount of 3.5 million euros owed to Hypo Bank. Furthermore, the airline owes 2.8 million euros on a leasing loan for two ATR72 aircraft and a 767.000 euro rehabilitation loan. Mr. Bijedić said B&H Airlines had deposited collateral of roughly the same amount with the bank. Under a 2005 contract with Hypo Alpe Adria, B&H Airlines bought two ATR72s worth a total of fourteen million euros. “The company has paid back 11.4 million under the leasing loan, while these two planes are today worth 6.8 million euros”, Mr. Bijedić said. He blamed the airline’s previous management for its current financial problems.

B&H Airlines has offered to settle its issues with the bank by selling the two aircraft, topped with a further half a million euros from the government. B&H Airlines receives an annual government subsidy of 1.3 million euros, as well as proceeds from departure taxes at Sarajevo Airport.

 

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B&H Airlines grounded

B&H Airlines has been grounded again for the time being as the Hypo Alpe Adria Bank announces it has blocked all of the carrier’s accounts. All flights have been cancelled for today and tomorrow. Yesterday, the airline resumed operations after more than a week by carrying out its afternoon service to Istanbul. The airline has maintained it had suspended flights due to a technical issue with one of its ATR72s.

“Blocking B&H’s accounts was our last resort. The reason for such action was the accumulated debt B&H Airlines has towards Hypo Alpe Adria in Bosnia and the outstanding payments the airline has on its loan for the financial lease of the ATR aircraft”, Ana Jurković, from Hypo says. She adds the bank did not make the decision lightly but noted that it must treat B&H like all of its other clients. The bank’s representatives, including the country’s Minister for Transport and Communication, Enver Bijedić, met up on Monday in an attempt to resolve the issue which has grounded the Bosnian national carrier. “B&H Airlines has been offered several models to restructure its payments. Unblocking the accounts will depend on whether a common agreement can be reached. Hypo expects for B&H Airlines’ management to act responsibly and consider all of the options so the current situation can be resolved”, Ms. Jurković says. She adds, “It is not in our interest for B&H to declare bankruptcy”.

Last year, in February, B&H Airlines found itself in a similar situation when Turkish Airlines decided to pull out of the carrier’s ownership structure. One of its ATRs was in Germany for maintenance while the other was grounded in Sarajevo for some time. However, even then it was reported that the carrier was not making payments on the loans it took out for the financial lease and eventual purchase of the ATR72s. The latest grounding comes just three weeks prior to the 2013 summer season. B&H Airlines is providing alternative transport for all passengers which have been affected by the cancellations.

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B&H Airlines to resume flights

After more than a week, B&H Airlines is expected to resume services this afternoon. The carrier has been forced to suspend all flights after its ATR72 experienced technical problems and had to undergo maintenance. B&H’s other turboprop, which is in Germany, is also in maintenance and is expected to return to the fleet during the 2013 summer season. As a result, the airline has been forced to cancel flights to Istanbul, Zurich, Banja Luka and Copenhagen. “We are expecting to hear from our colleagues from aircraft maintenance and I can’t give any further information. One aircraft is in Germany while the other is in Sarajevo which has to undergo small scale repairs”, Edin Hrapović from B&H Airlines says.

However, the Minister for Transport and Communication in the Federation government, Enver Bijedić, said yesterday the airline is grounded because its account at the Hypo Alpe Adria Bank is blocked. B&H has accumulated significant debt towards the bank, mostly during the time it was run by Turkish Airlines. The Ministry for Transport and Communication says it is negotiating with the bank in order to solve B&H’s problems. Late last year several airlines expressed interest to purchase a minority stake in B&H, however, Mr. Bijedić says, “Once their delegations payed a visit to B&H Airlines, they never came back”.

B&H Airlines’ suspensions couldn’t come at a worse time for the airline. Its signature Istanbul service is in big danger following the successful launch of Pegasus Airlines’ flights between the city and the Bosnian capital. Pegasus now plans operate a sixth weekly flight between the two cities during the summer. Despite its problems, the Bosnian national carrier is sticking to plans to launch flights to Skopje from April 1. Whether it will lease a jet engine aircraft by the end of the month, as was previously planned, remains to be seen.

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BH Airlines Sarajeve Istanbul 99 Eura

bh airlines airbosnia

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Jet lag sta je to?

Džet leg (engl: jet lag), šta je to?

Džet leg je specijalno psihofizičko stanje u kome se nalazi organizam osobe koja je doživjela poremećaj biološkog dnevnog ritma (smjena dana i noći) i na taj način narušila vlastiti bioritam i predstavlja najpoznatiji poremećaj zbog letenja.

Sunčeva svjetlost je pokretač lučenja melanina kao i većine organskih procesa od kojih zavisi normalno funkcionisanje organizma. Kada dođe do promjene vremenskih zona, organizam “ispada” iz redovnog ritma i onda nastaju problemi.

Ako je putnik promjenio zone putujući sa istoka na zapad (u istom smjeru kao i Sunce) onda će se njegov organizam lakše privići na novi ritam. U tom slučaju se dešava samo blaže odstupanje Sunca u odnosu na organizam, tj. ono je ili u “zakašnjenju” ili je poranilo. U oba slučaja organizam sa manjim odstupanjem dobija impuls koji mu je potreban, pa je i vraćanje u normalu lakše. Read the full story

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Passenger plunge for B&H Airlines

The national carrier of Bosnia and Herzegovina, B&H Airlines, handled only 29.459 passengers in the first half of the year, a 54.9% plunge on 2011. The figures come as a result of a major decrease in flights as well as Turkish Airlines’ exit from its partnership with the airline. The average cabin load factor stood at 66%. B&H currently operates flights to only four cities from Sarajevo (Istanbul, Zurich, Copenhagen and Banja Luka) with a single ATR72. The Bosnian carrier had its busiest year back in 2010 when it welcomed 138.241 passengers onboard. Unless there are major developments in the following months, B&H risks having one of its worst years on record, passenger wise. Read the full story

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Peaceful parting

The Federation government of Bosnia and Herzegovina is set to approve Turkish Airlines’ exit from its 49% stake in the Bosnian national carrier, B&H Airlines, this week and take over all of the airline’s shares. The government is looking to make the “divorce” between B&H and Turkish Airlines as painless as possible so as not to have an impact on passengers or the carrier’s employees, which have been caught in the middle of the spat that has lasted for half a year between the two sides. Up for discussion will be code share agreements between the two carriers as well as other arrangements the two companies had over the past four years such as staff sharing at foreign airports.

The main objective of the newly appointed management at B&H Airlines will be to boost passenger numbers and revenues while at the same time decrease costs. For the time being, the airline will have to do so with a single aircraft. In the first quarter passenger numbers decreased 43%. The government will also have to decide whether it will try to find a new partner for the carrier. However, such a move is unlikely to come immediately, despite informal talks with potential investors. The Bosnian government has ruled out any possibility for it to become a minority stake holder in the company, meaning it will hold on to its 51% share in any future arrangement.

In late 2008, Turkish Airlines took over a 49% share in B&H. By May 2010 it provided the airline its first jet engine aircraft, a Boeing 737-400, allowing it to launch flights to Vienna, Prague, Berlin, Copenhagen, Stockholm, Gothenburg and Dusseldorf. However, this hasty expansion led to the termination of flights to Prague and Berlin due to poor interest. Similarly, newly introduced flights to Podgorica were also cancelled. In 2010 the B737-400 was replaced with an Airbus A319. The airline continued to expand with new flights to Amsterdam, Belgrade and Zagreb, with the latter two cancelled shortly after. In 2011, the airline cancelled its flights to Vienna, Dusseldorf, Stockholm and Gothenburg. The relationship between Turkish Airlines and the Bosnian government deteriorated after the New Year with the A319 taken back by Turkish Airlines leading to the suspension of its popular Amsterdam flights and the grounding of an ATR72. Now, a new chapter begins for B&H Airlines.

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Fresh Suspensions from B&H Airlines – Airbosnia

B&H Airlines has temporarily suspended services to Zurich, Copenhagen and Banja Luka, leaving the carrier with a single daily service to Istanbul. Services to Zurich, via Banja Luka, will resume on April 24, while flights to the Danish capital return to the airline’s network on May 2. The suspensions highlight continuing problems the carrier is having with its part owner Turkish Airlines, which has taken back its Airbus A319 from the B&H fleet, unhappy with the government’s attitude towards its national carrier.

B&H currently has one ATR72 in its fleet. The other is formally still undergoing maintenance. However, there is hope that the aircraft will return soon. According to the official schedule the carrier will increase services to Istanbul to double daily from April 25, operate five weekly flights to Zurich and three weekly services to Copenhagen. The current scheduling would require a second aircraft.

Airlines operating to and from Sarajevo have profited from B&H’s woes and Malev’s demise. With inflated prices, Austrian is now operating two daily flights to the Bosnian capital, with much success. Jat Airways will be doubling capacity during the peak summer months as the Serbian carrier will operate flights with its Boeing B737-300 instead of the ATR72.There is still no word from Niki which is conducting a feasibility study into launching flights to Sarajevo.

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