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JAT Airways services grounded indefinitely

1-Oct-2009 1:16 PM

JAT Airways grounded all services indefinitely, as its maintenance company, JAT Tehnika, stopped servicing its aircraft on 29-Sep-2009, over EUR1 million in unpaid bills (Associated Press, 30-Sep-2009). JAT stated it would "do everything it can to resume the flights as soon as possible”. Serbia's Transport Minister, Milutin Mrkonjic, stated the government would discuss JAT's debt to the maintenance company next week. JAT Tehnika stated it would continue to service other companies’ aircraft.  JAT Airways expects to post a EUR20-25 million loss this year.