Maribor Airport operator settles debt
NEWS FLASH
The operator of Maribor Edvard Rusjan Airport, SHS Aviation, has repaid its debt for outstanding concession fee payments incurred over the past three months, narrowly avoiding the termination of its fifteen-year deal with the Slovenian government. The fee amounts to 100.000 euros per month. The Slovenian Ministry for Infrastructure recently rejected a request by SHS for state aid amounting to 3.2 million euros. The Chinese operator applied for financial assistance in line with state regulation which stipulates government support for matters of national importance. The application was filed due to the airport's negative financial performance in 2016 (35.000 euros) and 2017 (1.7 million euros). The operator believes it will continue to post losses over the next three years.
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