State increases ownership stake in Air Serbia

Shutterstock/ Markus Mainka

Another recapitalization of Air Serbia has been completed and Serbia is now officially the owner of 83.58 percent of this airline.

The Serbian Government purchased 1,818,820 newly issued Air Serbia shares so the ownership stake of Etihad Airways in the company dropped to 16.42 percent.

Combined with the previous recapitalization from December 2020, the state increased its share in the capital of Air Serbia by a total of 115.47 million Euro.