€151 million in claims against Adria Airways
NEWS FLASH
Adria Airways’ creditors have reported 151 million euros in claims against the company, which has been in receivership since last October. However, the bankruptcy administrator, Janez Pustatičnik, has approved only 87.7 million euros in claims. Among them, the largest claim at 6.6 million euros has been made by Lufthansa and Austrian Airlines. The two carriers wet-leased Adria’s aircraft. AeroCentury has four million euros in claims, while the Rolls Royce Corporation has 2.2 million. Adria Airways’ former employees are demanding a total of 15.5 million euros in unpaid wages, to be split among 500 employees. Adria Airways’ former CEO, Holger Kowarsch has 67.600 euros in claims, while the carrier’s former Managing Director, Sven Kukemelk, is claiming 47.700 euros. Other claimants include Bank of America Merrill Lynch, EIC Aircraft Leasing, Sasof III Aviation Ireland, 8900973 Canada, Fraport Slovenija and Intesa Sanpaolo Bank. The administrator is hoping to raise the finances through the sale of Adria Airways’ remaining assets.
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