Jakov Fabinger on Muck Rack

Jakov Fabinger

As seen in: Simple Flying
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Articles

Montenegro Seeks Legal Avenues To Inject Cash Into Its National Airline

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By Jakov Fabinger
| Simple Flying
The Government of Montenegro is looking for a legal way to provide funding for its startup national airline, Air Montenegro. The airline has had a good summer season despite some challenging circumstances, but the highly seasonal nature of the Montenegro market means it is heading into a liquidity crisis next year.
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Croatia Airlines Set To Receive A $40 Million Capital Injection

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By Jakov Fabinger
| Simple Flying
The Croatian state will be making another capital injection into Croatia Airlines. Croatia Airlines IATA/ICAO Code: OU/CTN Airline Type: Full Service Carrier Hub(s): Zagreb Airport Year Founded: 1989 Alliance: Star Alliance CEO: Jasmin Bajić Country: Croatia The shareholders of Croatia Airlines are set to vote on a proposal for the airline to issue an additional 29.6 million shares, each valued at 10 HRK ($1.38). This amounts to a 296 million HRK ($40.76 million) capital injection.
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Sarajevo Airport Is On The Lookout For Airlines To Replace Wizz Air

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By Jakov Fabinger
| Simple Flying
Sarajevo Airport is offering financial incentives for airlines to open a base there following the sudden departure of Wizz Air. Sarajevo Airport has asked airlines to submit proposals to open a base there in 2023 by way of a public call. The airport is offering financial incentives, with the amount varying depending on the number of annual departing passengers. Sarajevo has been hit hard by Wizz Air closing its base there with less than a month’s notice in October.
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