“The Balkans as a crossroads of the world has huge opportunity. The tourism business opportunity of the region is considerable – and we’re going to be very well positioned to take advantage of that,” was the comment by James Hogan, chief executive of Abu Dahbi-based Etihad Airlines, after the take over of 49 % and the managing responsibility of JAT, later renamed Air Serbia.
The Gulf Airline investment came as a surprise to many and asked about how the airline became involved, First Deputy Prime Minister Aleksandar Vucic´ only comment was “Sheikh Mohammed is my friend and I asked him to help”. Read more in this BBC report.