B&H Airlines has been quickly rescued from chapter after the asset firm HETA and Hypo Alpe Adria Leasing agreed to unblock the carrier’s accounts in a last-minute cope with the Federation authorities of Bosnia and Herzegovina. B&H Airways owes some eight million euros to HETA for the ten-year financial lease for 2 ATR seventy two aircraft, in a deal drafted in 2005. The asset company issued a deadline for the Federation authorities to deposit half one million euros by this morning, otherwise it would reposes the two turboprops. Following marathon talks between the 2 sides held all through yesterday, HETA agreed to guarantees from the federal government for the five hundred.000 euro deposit to be made by March 31. Furthermore, Sarajevo Airport has also unblocked the provider’s accounts after agreeing to reprogram B&H’s debt.
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