Avaz Sells its Airplane

Thursday February 21st, 2013
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Cessna Citation 550 Bravo costs $US 2.4 million and has been on sale since January 10. (Photo: planechek.com)

A Sarajevo company Avio Trans that’s part of the Avaz Group in Sarajevo has announced a sale of a Cessna airplane nine months after its registration in Bosnia and Herzegovina (BiH).

According to the records published on planechek.com, the Cessna Citation 550 Bravo has been on sale since Jan. 10, for the price of $US 2.4 million.

Avio Trans director Omer Kulić told the Center for Investigative Reporting in Sarajevo (CIN) that the company needs a bigger plain and this was the only reason for sale.

Following the purchase, the airplane was registered with the BiH Directorate of Civil Aviation (BHDCA) in March 2012 as Avaz’s ownership, and since Nov. 20, it was re-registered as the ownership of Avio Trans. This company was set up by Avaz’s sister company Avaz-roto press.

Avio Trans director cites the need for a bigger plane as the only reason for the sale. (Foto: planechek.com)

Cessna Citation 550 Bravo has seven seats for passenger and belongs to a high business class.

Soon after the take over of the plane at the end of November last year, Avio Trans was licensed by the BHDCA to conduct commercial flights.

According to available information, the most important passenger in Avaz’s plane was the BiH Minister of Foreign Affairs Zlatko Lagumdžija. The head of BiH diplomacy flew with the Cessna in mid-August last year to a summit of the Organization of Islamic Conference.

After the return to Sarajevo, Lagumdžija explained that the BiH Ministry of Foreign Affairs had commercial offers for a flight from Slovenia to Mecca, Saudi Arabia with two lay-overs in the price range between 22,000 KM and 30,000 KM, so he opted for the Avio Trans’s plane which cost them just 8,000 KM.

However, in today’s interview with CIN Lagumdžija said that in the end the ministry paid nothing because it was a donation and it was a humanitarian flight to rescue BiH citizens from Syria.

Avaz’s founder Radončić sold the company to his former wife last July and five months later he was appointed the BiH minister of security.

The Law on Conflict of Interest in BiH stipulates that Radončić could not be at the same time a minister and an authorized person in a private company.

Published Feb. 7, 2013

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The Center for Investigative Reporting in Sarajevo (CIN) work is available for free to all organizations that credit CIN as their source and link to www.cin.ba.

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