This month there will be competition for the recapitalization and privatization of Croatia Airlines , and priority is given to airlines from Turkey to the Far East, said the Transport Minister Sinisa Hajdaš Dončić , after returning from Indonesia.
There has conducted several discussions regarding potential economic cooperation , and among them is the main option Garuda , the local airlines are interested in entering Croatia Airlines .
” Garuda is most likely to occur in the competition because they are of interest because of our good relationship with the EU , since CA flies to 31 destination in 15 countries ,” says Hajdaš Dončić .
Apart from Indonesians , are interested in China Southern Airlines and Turkish Airlines .
European airlines do not have enough money , and some of them have already taken over the company from the East , so this is a logical solution for the CA .
” These companies have the money and are looking for partners in Europe ,” said the minister. The state normally sells stake to 49 percent in CA. The privatization will be conducted in two rounds . The first will show interest , while the second will define the terms of the sale or recapitalization.