Growing interest in Adria Airways reboot
There is growing interest in reestablishing Adria Airways, a week ahead of the auction of the bankrupt carrier’s remaining assets. A group of Russian investors has expressed interest in the company and wants to use the airline’s Air Operators Certificate (AOC) and brand name to resume services from the Slovenian capital to several European destinations using a fleet of Sukhoi Superjet 100 aircraft. Others to have expressed interest in Adria include Slovenian businessmen Joc Pečečnik, Izet Rastoder and Ivo Boscarol, who have all outlined their separate plans to utilise the defunct airline’s assets in different ways. Initially, five non-binding bids were submitted to Adria’s receiver, however, different subjects have now expressed interest in the company since it will be auctioned.
Adria Airways’ business will be auctioned off as a whole next Thursday at 11.00 CET. The assets include the AOC, as well as various manuals, including those for operations, training, maintenance, security, weather, passenger handling and cargo handling. The carrier’s AOC has been suspended until September 30, 2020, however, it will be reinstated once the buyer fulfils certain obligations set out by the Slovenian Civil Aviation Agency, among which is the possession of operational aircraft. The party that acquires Adria’s assets will also have to take on a number of obligations. Among them is the amendment of any discrepancies that arose following the revocation of the airline’s AOC and the launch of bankruptcy procedures. A Slovenian AOC would give its holder rights to maintain commercial services from Slovenia and other European Union-member states.
Meanwhile, the operator of Adria Airways’ former hub, Fraport, reported today that Ljubljana Jože Pučnik Airport handled 1.721.355 passengers in 2019, representing a decrease of 5% . The number of aircraft movements declined 11.3% to 31.489. In December alone, the airport welcomed 85.513 travellers through its doors, down 21.6%. Ljubljana Airport anticipates a strong 2020 summer season despite the loss of its busiest customer. Fraport Slovenia, which is in the process of building a new terminal at the airport, has said passenger numbers are beginning to improve following an initial steep decline in figures. "Traffic is picking up just as forecast”, it noted.
| Month | PAX | Change (%) |
|---|---|---|
| JAN | 103.525 | ▲ 3.1 |
| FEB | 105.470 | ▲ 6.3 |
| MAR | 133.641 | ▲ 3.0 |
| APR | 157.992 | ▲ 0.1 |
| MAY | 170.307 | ▲ 1.8 |
| JUN | 188.622 | ▲ 6.7 |
| JUL | 207.292 | ▲ 4.2 |
| AUG | 211.431 | ▲ 4.5 |
| SEP | 172.387 |  10.1 |
| OCT | 99.231 | 38.5 |
| NOV | 85.787 | 27.0 |
| NOV | 85.513 | 21.6 |
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