Thursday, October 3, 2013

Adria’s recovery in full swing

Adria sees improving finances and passenger numbers

Adria Airways has posted solid results as the airline recovers from two years of severe cost cutting measures. In the first eight months of the year, the Slovenian national carrier handled 702.437 passengers, an increase of 2% compared to the same period last year. The results come despite a 6% decrease in the number of operated flights. In August alone Adria welcomed 128.949 passengers on board its aircraft, an increase of 14.6% compared to the same month last year with 3.2% more flights. During August the airline recorded an average load factor of 80.5%, an improvement of 6.3% compared to August of 2012. Passenger numbers are expected to have further grown in September as the country hosted the European Basketball Championships, bringing with it many guests.

The carrier’s finances have also improved. During the first eight months the airline recorded a loss of 1.2 million euros, compared to last year ‘s 6.9 million. Revenue remained the same as last year. Adria’s recovery started in May 2013 as it began to record improvements in both passenger numbers and finances. With plans to privatise the Slovenian national carrier in the coming months, news of its upturn will make it more attractive to potential partners.

As the airline begins to recover, it has already announced it will launch new flights to Warsaw and Prague as well as from Tirana to Frankfurt in March 2014. Adria is also considering resuming its seasonal summer service to Ohrid. In addition, the airline hopes to boost its finances by selling of its assets. The Slovenian carrier is selling off its maintenance hangar at Ljubljana Airport, its apron, workshops, flight academy, simulator and office building. A total of three parties have put forward their bids with the airline now holding talks with all of those who have expressed interest. Finally, Adria recently sold one of its Bombardier CRJ200 aircraft to SCAT Airlines from Kazakhstan. As a result, the airline now operates a fleet of eleven aircraft – one A320, two A319 and four CRJ900 and CRJ200 aircraft.

10 comments:

  1. Bravo! It's always good to hear great news about ExYu airlines! Go Adria!

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  2. Waiting for the investor. There is still hope for Adria to survive.

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  3. and office building - this is the old flight ops buliding in which one floor is now occupied by the flight school. Do not mixed it up with the new office building where the whole Adria is now based in.

    In sept (unofficial) there was 1% more pax with 6% less flts operated. There was less pax in charter than last year but much more on schedule flts. In average there were 59 pax on board on every flt.

    The new LF are higher because they now calculate empty seats in bussines clas so the total number of seats reduces when you have bussines pax on board (as they have seat beside empty like on LH planes etc).
    OK and of course less flts the same number of pax or a bit higher means higher LF too.

    ReplyDelete
    Replies
    1. good trick

      The new LF are higher because they now calculate empty seats in bussines clas so the total number of seats reduces when you have bussines pax on board (as they have seat beside empty like on LH planes etc).
      OK and of course less flts the same number of pax or a bit higher means higher LF too.

      Delete
  4. European Basketball Championships few hundreds or thousands of pax (or 1000-2000-3000 plus) just for one time, short event ... and are you opening champagne for this?.no worth to mention.

    Loading factor trick.

    Tickets trick.

    More pax but same rvenue. bad
    Dingi dongi useless offers (with few exceptions).

    Prague next summer. For who? for income?

    Will you survive this winter without additional taxpayers money?
    We don't think so.


    Attractive foreign partners?
    no mafia connected no Slovenia or exYu connected please.

    Just dreaming.



    take a break

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  5. You had a bad day today..Ok take it easy:-))

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  6. OT:

    flydubai will add additional five flights to Belgrade during the winter season, around the New Year holidays. Nice to see that there is demand.

    ReplyDelete
  7. Wonderful !
    Would love to see daily direct flights to Dubai from Belgrade.

    ReplyDelete

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