World Bulletin / News Desk
Bosnia and Herzegovina has taken control of its own airspace for the first time since the country’s independence in 1992.
Minister of Transport and Communications Damir Hadzic on Wednesday described the move to the Anadolu Agency as “a historic event."
The decision was taken during a European Organisation for the Safety of Air Navigation meeting in Brussels in June. Since gaining independence, it had been controlled by Serbia and Croatia.
The Ministry of Transportation said that while an air control system and its requirements would cost approximately 20 million euros ($25 million), the country would expect to earn around 85 million euros by the end of 2016.
The European Bank for Reconstruction and Development has provided 17 million euros in credit to cover most of the cost, while 2.5 million euros came from the budget of the country’s Directorate of Civil Aviation.Last Mod: 01 Ekim 2014, 17:21