JAT in receivership?

[The SSK]

The newswires are reporting that the once-mighty (?) JAT has been placed in receivership by the Serbian Government, having been crippled recently by a series of strikes.

Aim is to restructure the company, bringing down workforce from 3500+ to 1500.

[JJflyer]

Many of their owned aircraft are for sale. I have seen DC9's etc advertised.

JJ