Adria Tehnika posts 2017 profit

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Aircraft maintenance company Adria Tehnika has reported a gross operating profit of 2.7 million euros for 2017. It generated over 23 million euros in revenues last year after it concluded long-term maintenance contracts with Swiss International Air Lines, easyJet and SAS Scandinavian Airlines. In late January, the maintenance, repair and overhaul specialist legally renamed itself from Adria Airways Tehnika to Adria Tehnika and announced plans to transform from a joint stock to a limited liability company. Adria Tehnika previously said it was seeking new long-term customers with its focus being on low cost airlines.

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