Adria's numbers decline during challenging H1
Adria Airways has seen its passenger numbers decline 6.7% during the first half of the year according to the Statistical Office of the Republic of Slovenia. The carrier handled some 537.700 travellers during the January - June period, down from 576.400 in 2018. During H1 of last year, Adria launched a number of new routes from Ljubljana, which were discontinued by the end of the summer season in late October. They included Geneva, Bucharest, Hamburg, Dusseldorf, Dubrovnik and Brač. The carrier subsequently suspended services to Kiev, Warsaw and Moscow as well. Furthermore, this February, the Slovenian carrier shut down its short-lived base in Paderborn in north-western Germany, from which it operated flights to Vienna and Zurich, that were jointly maintained a total of fifteen times per week.
During the first half of the year, Adria was forced to either cancel or modify a number of its flights due to operational reasons. In total, 2.6% of its operations were cancelled, contributing to the overall passenger decline. The Slovenian airline is unlikely to reach its 2018 traffic figures during which it handled 1.23 million passengers, an increase of 1.5% on the year before. In June, Adria's CEO, Holger Kowarsch, noted, "Last year we handled 1.2 million passengers, and only 400.000 of those were in and out of Ljubljana, the rest were transfers". The airline's busiest year to date remains 1987 when it welcomed 1.740.000 travellers on board its aircraft.
Meanwhile, Adria Airways is continuing negotiations with potential strategic partners. Despite recent media reports that interested American investors, which have been identified as Mesa Airlines, have walked away after undertaking due diligence of the Slovenian carrier, Adria has denied the claims, noting that the potential strategic partners were still reviewing the business. For its part, Mesa Airlines refused to either confirm or deny its interest in Adria, noting to EX-YU Aviation News, "As a public company, we are unable to comment on any involvement in potential corporate transactions". Earlier, Adria said it needed a strategic partner in order to expand its operations.
0 Response to "Adria's numbers decline during challenging H1"
Post a Comment