Croatia Airlines "ready for privatisation"
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The Croatian Minister for Sea, Transport and Infrastrucure, Oleg Butković, has said Croatia Airlines is "ready for privatisation". He noted, “At the next session of the government, or the one after that, a decision will be made to form a commission, which will monitor the entire process of finding a strategic partner for the airline. The airline's management has already begun the process of selecting a financial advisor. The carrier recently told EX-YU Aviation News, "The goal of this is to ensure the company’s further development, and to strengthen the competitive advantages and position of Croatia Airlines on the air traffic market via a quality strategic partnership. This would include an expansion of the company’s flight network, an increase in Croatia Airlines' market share, and recapitalisation for the purpose of facilitating the future development of Croatia Airlines".
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