21-Aug-2013 3:32 PM

Croatia to offer stake in Croatia Airlines; Garuda, China Southern and Etihad interested: report

Croatia's Government reportedly plans to issue a tender for the sale of a stake in Croatia Airlines by 15-Oct-2013 and complete the proposed transaction by Feb-2014, according to a report by jutarnji.hr. Garuda Indonesia, China Southern Airlines and Etihad Airways reportedly expressed interest in the proposed offer. Croatia's Minister of Maritime Affairs, Transport and Infrastructure Siniša Hajdaš Dončić, Croatia Airlines supervisory board president Siniša Petrović and supervisory board deputy Darko Prebežac reportedly intend to visit representatives from Garuda Indonesia and Indonesia's Government in the week commencing 26-Aug-2013.