Bosnia and Herzegovina
B&H Airlines, the flag carrier for Bosnia and Herzegovina, was recently bought by Turkish Airlines and is based in the country’s main airport - Sarajevo International Airport, also known as Butmir Airport.
Bosnia and Herzegovina is an ICAO member state, with air navigation, safety and security controlled by BiH Air Navigation with coordination through EUROCONTROL. Bosnia and Herzegovina aims to become a member of the European Common Aviation Area.
Airports in Bosnia and Herzegovina
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Wizz Air has unveiled plans for significant expansion in Bosnia and Herzegovina, an under-served market that has traditionally fallen outside the spotlight of low-cost carriers. The Bosnian market has not had much attention in recent years but is poised to see a sudden surge of capacity as Wizz Air plans to connect the country with several new destinations including Malmö, Basel Mulhouse and Gothenburg.
The expansion from Wizz Air would provide Tuzla, the third largest city in Bosnia and Herzegovina, with scheduled commercial service. LCC expansion may also follow for the country’s other airports including in Sarajevo and Mostar.
LCCs currently account for less than 20% of seat capacity to and from the southeastern European country. But the recent launch of services by Turkish LCC Pegasus has already doubled LCC capacity in the market. Wizz Air’s entry will push the LCC penetration rate up further, approaching 30%, with more increases possible in 2014 as Wizz and other European LCCs ponder further expansion in Bosnia and Herzegovina.
Turkish Airlines is one of the oldest airlines in Europe, but it is behaving these days like a young colt. With profit burgeoning to a net of USD548 million for the first three quarters of the year, up nearly threefold on last year, net operating profit also increased by 29% to USD401 million.