"Jat" is leaving, "Air Serbia" is coming

August 01, 10:40

In the new company, Serbia will have 51 percent ownership, and "Etihad Airways" 49 percent - and management rights. FLOATING OF THE FLOCK (Time 1178 from August 1).

CULTURE OF MEMORY: Aaeroput

The construction of the "Dojno Polje" airport, two kilometers from Zemun next to the Bezanija road (today Tošin Bunar), in the project of which Milutin Milanković also participated, began in 1923. The port building was located opposite the place where the "Tošin Bunar" railway station is located today, while the runway had the direction of today's Omladinskih brigada street, from the highway to the end of Milankovićeva. Until the completion of the city airport, the airport in the village of Jabuka near Pancevo served as a temporary airfield. It was, in fact, a well-leveled meadow with an area of 25 hectares "which is to be used for cattle grazing, except for the short time when the airplane descends and rises, because the same is done in Prague and other places." The first plane, the biplane Spad-46, landed in Pančevo in March 1919. Pancevac airport was anything but accessible. The journey to the airport took at least two hours, from the pier on the Danube, by boat to the port of Pancevo and then by taxi to the airport. An exemplary introduction to the flight to Paris which lasted a day and a half.

More about Autoput, the predecessor of JAT, in the text of Saša Marković, Airport, world and ours
and in the accompanying photo gallery - Time 1179 from August 8, 2013.

... about the history of JAT, in the text of Saša Marković FROM THE AIRPORT TO JAT AND AIR SERBIA (2) >
An egg, feathers and a traffic light
a>, Time 1180 from August 15, 2013

The agreement on the strategic partnership of "JAT" with "Etihad Airways" from the United Arab Emirates, which was signed on Thursday, August 1 at 11:30 by Deputy Prime Minister Aleksandar Vučić and the director of the airline company "Etihad" James Hogan JAT is going down in history, after 66 years since it was founded under the name JAT (86 years since it was founded under the name Aeroput), and it is inherited by "Air Serbia".

photo: Igor Salinger

AIR SERBIA: New company, new logo... The logo design for Air Serbia was designed by graphic design student Tamara Maksimović from Novi Sad.
(Photos: Igor Salinger / Aermedia.com)

In the new company, the state of Serbia will have a 51 percent ownership share, and "Etihad" 49 percent, as well as the management function of the company. The new company "Air Serbia" will be debt-free and will take over 150 pilots. It will inherit the landing rights at the largest European airports.

photo: Igor Salinger

James Hogan, CEO of Etihad

The director of Air Serbia is Danijel Kondić, who introduced himself during the signing procedure, which lasted from 11 to 11:30, saying that he is a member of the first generation of Serbian emigrants in Australia. His parents moved from Bosnia to Australia before World War II. He worked in tourism and in the airline industry (Qantas and Malaysia Airlines).

photo: Igor Salinger

Danijel Kondić, director of Air Serbia

Kontić announced his intention for "Air Serbia" to appear as a carrier on distant destinations and to increase its presence in Europe and neighboring markets. As announced, the flights will mostly connect the republics of the former Yugoslavia and Europe with the Middle East, Australia and America.

Etihad is a company with 66 aircraft operating with around 1000 flights per week to 84 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and North America (See company profile in the box). It carries 10 million passengers a year.

Etihad Airways - Company Profile

Company Source: Etihad Airways, is the national airline of the United Arab Emirates. It was established by decree of the Emir of the UAE in July 2003, and began commercial operations in November 2003. The headquarters and main platform (hub) of the company is Abu Dhabi, the capital of the UAE. The Etihad Airways fleet of 66 aircraft operates with around 1000 flights per week to 84 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and North America. Etihad Airways owns 30 percent of Airberlin, and 40 percent of Air Seychelles.

The director of Etihad Airways is James Hogan, a native of Australia, who was appointed to this position on September 10, 2006.
Source: Etihad Airways

The Air Serbia company will have a new name, a new logo, and the staff will have new uniforms.

According to the director of "Air Serbia" Kondić, the current JAT planes are expensive to maintain. "Air Serbia" should have 22 planes, the leasing of Airbus planes and the purchase of new planes are announced. According to the new director, financing the purchase of the aircraft is part of the obligations of the signatories of the partnership agreement. According to Aleksandar Vučić, Serbia does not have the money to buy new planes, and in the first period the planes will be leased, and in the later period the purchase of planes will be started.

Under the agreement, Etihad will allow the use of $40 million that will be converted into equity on January 1, 2014, subject to regulatory approval. The Serbian government will invest the same amount. In the coming period, Etihad and the Government of Serbia will each provide 60 million dollars in capital for the development of the newly formed aviation company.

Debts and redundancy in JAT will remain an open issue to be resolved by the state. The state will take over the outstanding debts of JAT in the amount of 170 million euros. When asked what will happen to JAT shares that were distributed to citizens, Aleksandar Vučić said: "What can be distributed from the minus?"

The strategic contract is signed after three capital assessments, four tenders for a strategic partner and an attempt to hand over management to our businessmen, which Vreme wrote about in issue 1109 of April 5, 2012 in the text

<a href=" http://www.vreme.com/cms/view.php?id=1045126

" target="_blank"> Is Miskovic on the plane?

86 years of existence of JAT and Aeroput

Jat Airways ad is the national airline of Serbia. It deals with the transportation of passengers and goods in regular and charter traffic, training of flight and other aviation personnel, rental of spare capacity and related activities.
Jat operates with 14 aircraft: 10 Boeing 737-300 and 4 ATR 72. It flies to more than 30 Euro-Mediterranean destinations, and provides its passengers with connections with the whole world on joint flights with the world's most prestigious airlines.
It is the successor of the Air Transport Company "Aeroput", founded on June 17, 1927. On April 01, 1947, Yugoslav Aerotransport was born from "Aeroput", which changed its name to Jat Airways on August 08, 2003. Since July 28, 2008, Jat Airways has changed its ownership structure and the current official name of the company is Joint Stock Company for Air Traffic Jat Airways ad
Jat has been a member of the International Air Transport Association (IATA) since 1961 and the Association of European Air Carriers (AEA) since 1971. In 2005, it was among the first companies to be awarded the IOSA certificate for traffic safety by IATA.

Source: JAT Airways - Company Profile)

JAT planes transported passengers within Yugoslavia, to many cities in Europe and on transoceanic flights to America and Australia.

Since 2000, the company is divided into several units, "Jat" loses the airports in which it invested in Belgrade, Podgorica and Tivat, catering, technology, hotels are separated, and large assets acquired in the past are sold.

"Jat" has been continuously in debt since the 250s, with over XNUMX million euros in loans.

There are currently 1.200 workers, of which, according to estimates, as many as 800 are redundant.

TIME 1178: FLOATING FLOCK - Nikola Tesla on a flying carpet

***

The reader can learn more about the details of the state-private partnership agreement that formed "Air Serbia" in Igor Salinger's text. FLYING AWAY –

Nikola Tesla on a flying carpet (Time 1178 from August 1).

In that text, among other things, it is said:

It is immediately apparent that this is not an agreement between two airlines, but between the airline and the state of Serbia. Etihad is a serious airline with even more serious capital and an appetite to multiply it in the long run, if necessary in cooperation with the state of Serbia, and it was not even expected that almost anything from the "strategic partnership" plans would be announced in advance. On the Serbian side, also as expected, in the last few days details about the strategic partnership began to appear: first from well-informed sources close to the Government of Serbia, then the advisor for economic affairs of the First Vice-President of the Government, Siniš Mali, who was named as one of the key persons, spoke out. in the whole deal, and on Monday also the assistant minister of infrastructure for air transport, Milutin Popović, who stated that "Etihad will buy 49 percent of Jat and that the state, with the remaining 51 percent, will remain the majority owner of the national airline, which will change its name to Air Serbia. It is planned that Etihad will invest 100 million dollars in the joint company, and the state of Serbia will also invest that much." That name change - Air Serbia? - which the First Deputy Prime Minister Aleksandar Vučić had hinted at earlier and, truth be told, it was desired by many, including former President Boris Tadić ("Vreme" 1109, April 5, 2012, Is there Miskovic on the plane?), is a special story and potentially much more than branding, visual identity or marketing is packed into it.

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"Jat" is leaving, "Air Serbia" is coming

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Etihad Airways - Company Profile

86 years of existence of JAT and Aeroput

TIME 1178: FLOATING FLOCK - Nikola Tesla on a flying carpet

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"Jat" is leaving, "Air Serbia" is coming

CULTURE OF MEMORY: Aaeroput

Etihad Airways - Company Profile

86 years of existence of JAT and Aeroput

TIME 1178: FLOATING FLOCK - Nikola Tesla on a flying carpet

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The security sector is at the level of the police service in Ćaciland

Half man, half demon

Steam generator

Ignorant people know how to hate best

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