Radovanović survives another week

Government delays CEO decision until next week

Yesterday, the Serbian Government did not dismiss Jat Airways’ CEO, Srdjan Radovanović, and name a caretaker, as was promised in the past few days. The government has left the issue of Radovanović’s sacking until next Thursday. The delay might be due to the fact that the government is unsure of who to name as the airline’s next CEO, after 2 disastrous management teams in the past 3 years. Furthermore, Jat’s deputy CEO, Vladimir Ognjenović, rumoured to become the new CEO was part of the previous management team which also led the airline into debt. It could also be a sign that the government has no strategy for Jat and that it is not overly concerned with the company.

However, the government has announced that it will launch an investigation into the financial dealings of the current management. The investigation will focus on questionable tenders the managing team had launched in the past year. For example, the management recently paid 100.000 Euros for a course in “good manners” which the airline’s staff had to sit through for 2 days.

Meanwhile, the entire company has moved from its headquarters in New Belgrade to 3 dilapidated buildings near Belgrade Nikola Tesla Airport which are virtually uninhabitable and do not provide basic working conditions.