page_title: B&H Airlines
section_title: Developments since 2012
hierarchical_section_title: B&H Airlines / History / Developments since 2012
caption_attribution_description: English: E7-AAD body at Bosnian custom
context_page_description: B&H Airlines, d.o.o. was the flag carrier of Bosnia and Herzegovina with its head office in Sarajevo. It operated scheduled and charter passenger services as well as small cargo services from its home base at Sarajevo International Airport. It ceased operating in June 2015
context_section_description: As of mid-2012, the airline was 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 In April 2013, the airline had to cancel flights when its only airworthy ATR 72 aircraft was withdrawn for maintenance.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.
  In June 2015, the Federation government of Bosnia and Herzegovina decided to liquidate the carrier. The Federal Minister for Transport and Communication, Denis Lasić, said that the best option would be for the airline to declare bankruptcy. "They [B&H Airlines] have eaten up everything they had and now they are in a situation where they must redirect all state funding to HETA". B&H has some eight million euros worth of debt owed to HETA, the asset management company, for the financial lease of its two ATR 72s. The Minister added, "I have held talks with the Prime Minister Fadil Novalić and the conclusion is to liquidate the carrier." B&H Airlines owed the airport of Sarajevo over 3,5 million Euros and the lessor of their aircraft over 7,5 million Euros. The total debt was over 17 million US-Dollars at the time of closure.
  The airline flew its last commercial service on 11 June 2015. The company's Air operator's certificate was revoked on 2 July 2015.
caption: Last B&H Airlines ATR 72-212 (E7-AAD) dismantled during shipment to Germany
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