Turkish Air Continues Buyout Talks With LOT

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Published: May 4, 2012

Turkish Airlines chief executive Temel Kotil said on Friday partnership talks with Polish carrier LOT were continuing and no decision had been made regarding pulling out of its joint venture with Bosnia’s BH Airlines.

In January, Turkish Airlines Chairman Hamdi Topcu said the carrier would start talks to buy LOT.

Turkish Airlines holds a 49 percent stake in the Bosnian carrier.

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