4K recapitalises Adria Airways
NEWS FLASH
Adria Airways' owner, 4K Invest, has delivered on its promise to recapitalise the airline with four million euros. In a statement, the company said, "The recapitalisation of Adria Airways in the amount of four million euros is completed. The payment is intended for further business development and growth of the Slovenian airline". It added, "A capital injection of at least ten million euros is planned for the first quarter of 2019". Initially, 4K intended to recapitalise the Slovenian carrier with at least ten million euros by the end of this year.
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