Adria Airways given one week lifeline


The Slovenian Civil Aviation Agency will give Adria Airways until Wednesday, October 2 at 23.59 CEST to submit a viable restructuring plan, supported by certified aircraft lease agreements, otherwise it will revoke the carrier’s Air Operator’s Certificate and begin bankruptcy proceedings. The regulator noted the carrier now has just ten aircraft at its disposal (six Bombardiers and four Saabs), with three Airbus A319 jets being repossessed today and five CRJs over the last few days. No extension will be given to the set deadline. The regulator noted that Adria is insolvent by two criteria. "I don't want to divulge the numbers, but it's a pretty large sum of money", the head of the Agency, Rok Marlot, said. Adria will extend the cancellation of all of its flights, with exception to the Ljubljana - Frankfurt service, through Thursday and Friday.

Foreign airlines have begun responding to developments taking place at Adria Airways with Air Serbia scheduling double daily flights between Belgrade and Ljubljana from the start of the 2019/2020 winter season, up from eleven weekly last winter, and Montenegro Airlines adding an additional weekly flight from Podgorica for a total of five weekly. The Serbian carrier has also launched rescue fares for passengers booked to fly with Adria and will add extra capacity on routes that were operated by the Slovenian airline. Ljubljana Jože Pučnik Airport has said it is ready for the demise of Slovenia’s national carrier and its biggest customer. 


Adria Airways is believed to have amassed debt of over sixty million euros since it was taken over by the Munich-based turnaround fund 4K Invest in 2016. The secretive fund has been blamed for much of the airline’s issues over the past three years. Adria, which has faced financial hardship on numerous occasions over its 58-year history, turned its first profit in 1997. Its busiest year was a decade earlier, in 1987, when it handled 1.740.000 passengers with an average cabin load factor of 80%. In its current state, the company leaves behind 558 employees. Despite calls for the state to bailout the beleaguered carrier, the government has said it would amount to “throwing away money” as the airline’s balance sheets are extremely poor.


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Comments

  1. The CAA should be red faced over their handling of the Adria saga.

    ReplyDelete
    Replies
    1. Because it was visible months ago that Adria was running out of money. The CAA's responsibility is to determine if the airline has enough money to maintain flights. They assured everyone, just like 4K, that they did. All of this could have been done in a much better way.

      Delete
    2. Not only that but they already made threats last December so they knew JP had liquidity issues. Their licence should have been revoked ages ago. Look at the Italian CAD and how they threatened Vueling with their own licence if they didn't reduce delays and cancellations a year or two ago.

      Delete
  2. " The Agency previously noted it would revoke Adria’s Air Operator’s Certificate if it finds the company no longer has sufficient funds to maintain timely and safe operations. "

    What else can they conclude?????

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    Replies
    1. Maybe they are still trying hard to convince the government to issue bailout or take over the operations.

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    2. The government has said they will not take over operations at all. The only thing the government said it would consider is setting up new operations with same staff and part of fleet once Adria goes bankrupt.

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    3. It is not worth it for JP to be renationalised at this point. The reason is the huge debt which won't go away no matter who manages the company.

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    4. Wouldn't bankruptcy eliminate that debt?

      Delete
  3. Must say I'm surprised at how quickly Air Serbia has reacted to Adria's collapse. Some tickets yesterday (not sure about today) they were selling from Ljubljana to Sarajevo via Belgrade were cheaper than bus tickets to Sarajevo.

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    Replies
    1. I don't think anyone really expected JU to react like this but I am happy they did because no other airline really stepped in with rescue fares for stranded passengers. LH had that one daily flight to FRA operated by JP but that was mostly for their own passengers who were supposed to fly with three daily JP flights.

      JU is really serious about the Slovenian market and I am sure LJU is thankful for that.

      Delete
    2. Airlines are not there to save stranded passengers on the account of their financial performance. If they are offering such low prices, much lower than the regular ones, they aren't making any money for it.

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    3. Air Serbia denied to accept any passenger of JP on there flights, and due to this fact they offered spacial fares for JP passengers. This will not cause any additional cost for JU, but they are trying to get additional money in this case. I thing this not professional, or to be concrete non collegial behavior. Everyone decide what to do in critical moments. I hope JP will find some solution with Slovenian government, as all investment from bigger carries and alliances usually are bad for small companies.
      I wish Adria to continue flying, as all carriers in the region.

      Delete
    4. @frishki: I assure you that the total cost of these rescue/repatriation fares to Air Serbia is much lower, and the ROI much greater, than a traditional marketing campaign in the Slovenian market. Not everything is immediately and directly reflected on the P&L.

      @Dejan YM: Not professional and not collegial, what are you on about? JU is stepping in to rescue stranded passengers that they have no obligation to. Regarding not accepting JP-issued tickets, why would they accept passengers that they'll never be reimbursed for?

      Delete
    5. Frishki, this move wasn't so that JU makes money but it was for PR purposes. They helped stranded passengers get to their final destination for a low fare while helping them get familiar with JU so that next time when they fly they might do it via BEG while paying a full fare.

      Delete
    6. It was actually great move of Air Serbia and I am amazed by their quickness.

      And if you talk about "non collegial" behaviour please first ask yourself how the passengers feel who can't fly with JP anymore and what they think about special JU offers who can bring them to their final destination and second do not forget that JP actually played against Air Serbia by filing complaint to European Comission.

      Delete
    7. There is no such thing as 'collegial' in aviation. Was JP collegial when they launched PRN flights despite knowing JU can't thus making the most from political circumstances? Same thing here just that tables are reversed right now.

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    8. Who cares about PR on which they will lose money? I surely won't be choosing the airline based on some PR. I will chose it on the price/connectivity ratio. Who are we kidding?

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    9. What are you going on about? They are offering these fares for people who were left stranded at the airport. Who had no other option to reach their final destination but in the end they had thanks to JU. In the minds of these people JU will be seen in a much better light.

      And no, you are wrong. People do chose airlines based on the PR. Just ask TK and EK who have marketing budgets exceeding €100 million.

      Delete
    10. @Anon 10:14

      Go run your company based on "collegiate" behavior and you'll run it to the ground. These companies are here to make money or more often, to stay afloat, not to run to the rescue and pretend to be Samaritans.

      Delete
    11. I'm wrong because you said so? Try again.

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    12. No you are wrong because other airlines are doing the exact opposite of what you claim. No need to be arrogant, get off of your high horse. Nothing wrong with being wrong. ;)

      Delete
    13. They are doing it because they have wealthy governments behind them to throw money at them.
      And you still didn't convince me that "I'm wrong".

      Delete
    14. @ frishkki,

      That is the same I was talking about, but it looks you didn't get the point.

      There are aslo other ways of earning the money except charging 200 EUR for LJU-BEG flight

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    15. OU has the same money from Government but did nothing. If you are pissed off that Air Serbia reacted so quickly find yourself some other way of espressing your frustrations

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    16. Nice so only wealthy government owned airlines invest in marketing? Paging Mr Aegean. Paging Mr Delta Air Line? Paging pretty much any well run business out there?

      How about you turn on your tv or open your browser and you will see how many businesses advertize their products. Same thing with airlines.

      I think you have an issue with JU consolidating their position in LJU. No other reason for such disillusioned comments.

      Delete
    17. By charging water? Or by PR stunts?

      BTW, there is no point to "get". Bye.

      Delete
    18. By using marketing. Get some literature about it

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    19. I suppose all these airlines should have asked frishki what to do when WOW went belly up

      https://www.forbes.com/sites/michaelgoldstein/2019/03/29/wow-collapse-airlines-offer-rescue-fares-to-thousands-stranded/#660f6e9f6ddb

      Delete
    20. Hahaha exactly, rescue fares are an industry standard. Like I already wrote, we saw yesterday how much intolerance there was towards JU. Of course, stranded passengers probably have a different view o the matter.

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    21. Well done to JU for their proactive move.

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    22. Does JU still charge for water?????
      Either way, they mustlaunch 2 daily to survive in LJU or else the bigger boys will be faster....

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    23. 1) No they don't charge for water. Everyone gets a bottle of water for free. Frishki is making things up.
      2) They are increasing Ljubljana to two daily as you would find out if you read the article.

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    24. This only shows that one here understands anything about sales/fares in aviation. There is passenger protection program activated in Star Alliance. The members of the alliance have obligation to accept JP tickets for period announced (cease of operations for two days). Therefore JU can introduce "rescue" fares, OU, LH and OS cannot. Actually these fares are everything but rescue fares. https://www.slovenskenovice.si/novice/slovenija/clanek/srbi-zarinili-noz-v-hrbet-adrii-neverjetne-cene-kart-231520

      Delete
    25. What would be the point of rescue fares on LH, OS or OU when they don't fly out of LJU? I am sure 99.9% of stranded passengers would rather get a rescue fare on JU from LJU than to organize a trip to ZAG only to catch an OU or LH Group flight.

      Delete
    26. So, let's be honest this are not rescue fares. It is valid marketing decision, but don't call it a rescue fares. More like vulture fares. JP is rerouting pax onto OU, OS, LH. TP and SN flights. And OU, OS, LH, TP and SN are accepting this pax (this two days). That is rescue fare. For 0,00EUR.

      Delete
    27. It is quite unbelievable that one very logical, fast & meaningful action from JU is criticized.
      I don't understand, should they cancel all flight from LJU in order to keep people happy? :)

      It's not good that hey introduce additional flight, its not good for marketing, tickets are to cheap, tickets are to expensive, they are not good colleagues, PR must bring immediate revenue....lot of bs*, I'm sorry.

      Delete
    28. Any proof for that?

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    29. It's not JP that's rebooking them, LH and others are rerouting their passengers because they booked them on JP in the first place. So nothing out of this world, they are doing what they are legally obliged to do.

      What JU did was to offer cheap fares for passengers who booked JP flights operated by JP planes and who were not going to get rerouted. They had access to cheap fares which are much lower than your industry standard.

      The fact JU is sending its A319 tonight only shows it was a popular decision. Go JU, Go!

      Delete
    30. WAHT Rescue fare by JU?? You can´t book them until February... bullshit.

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    31. Rescue fares are valid for three days so yesterday, today and tomorrow. They are not valid until February. Rescue fares are for those who are immediately affected by bankruptcy.

      Delete
  4. Declare bankruptcy and end this prolonged nightmare. I love Adria but it if it's life has come to an end then let it go gracefully and not like this.

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  5. I honestly don't understand what was the point of the temporary grounding? With Aero Century impounding the planes and two they lost earlier they are already 6 aircraft down.

    ReplyDelete
  6. What should come out of this?

    PricewaterhouseCoopers (PwC), the ''worlds most elite auditing firm'', should have its EU licence revoked for approving fraudulent books cooked by the 4K people.

    The 4K people should be prosecuted - Arno Schuster, Holger Kowarsch, Stefan Beulertz.

    There should be a parliamentary investigation into the selling procedure.

    Of course, non of the above will happen.

    ReplyDelete
  7. Sad day.

    I've just noticed that yesterday admin put black and white picture, resembling obituary. Nice move

    ReplyDelete
  8. So I guess we will know at 2.30 pm what happens.

    ReplyDelete
    Replies
    1. I think the CAA will suspend the license. They really have no other choice.

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  9. I wonder what the mood was like on that FRA-LJU flight yesterday.

    ReplyDelete
    Replies
    1. Oh and if there were any passengers.

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    2. All depends, was the crew from Adria or did it come with the leased aircraft?

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    3. Both plane and crew were foreign. According to update in yesterday's article :
      · Adria's sole service today from Frankfurt to Ljubljana will be operated by a wet-leased British Aerospace 146 aircraft from Germany's WDL Aviation and foreign crew.

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    4. It was probably flight because of connecting passengers...

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    5. I assume the flight was mostly full since they were selling tickets yesterday for the flight at over 600 euros.

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    6. @anon 09:11, It was operated by an ACMI with a foreign crew.

      Delete
  10. Wow Air Serbia is building up their flights. 2 more weekly flights. Graet that is gonna compensate the loss of Adria.

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    Replies
    1. Not only that but it was reported here that they are boosting their network beyond BEG so with two daily flights from LJU they can offer even more connections to SVO, LCA, BEY, ATH, KRR, SJJ, TIA, SKG... I am sure their Atrs will be full of transfer passengers.

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    2. Great, with Adria cancelling the direct flights to SVO, LCA, BEY, ATH, KRR, SJJ, TIA, SKG as you state, JU will immensely profit. And those that wanted to go to FRA, MUC etc will do so now via BEG. LJU-ZRH in only 8 hours.

      Delete
    3. Or they will fly to ZRH, FRA, MUC, ARN, CPH, HEL, AMS, BRU...from ZAG.

      can't wait for ZAG to publish September numbers, my guess is that we will see healthy growth. OU has a sale now so many Slovenes will profit.

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    4. OU has done very little (i.e. nothing) to attract passengers from LJU. It will profit purely based on Zagreb's close proximity to Ljubljana.

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    5. Plus there are 2 hours of driving , border control, possible traffic jams, parking costs, car fuel costs... if they decide to fly from ZAG. All of it avoided with connecting flights via BEG

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    6. The bitterness towards JU here is amusing, but if you ever flew on BEG-LJU (which I do every other week), you'd realise that their ATRs are already full of transfer passengers to SVO, SOF (despite the direct flight), OTP, even CPH and ARN.

      Delete
    7. OU, as usual, is behaving like a lame dog and a typical state-run leech. Such lack of proactively and foresight. I'm surprised that they are not scared they will be the next falling domino, with such stagnant attitude towards everything. JU, on the other hand, had their backup plan ironed out last month already. JU will rightfully reap the rewards, even though Zagreb Airport is just a stone's throw away from Ljubljana.

      Delete
    8. This only shows that you don't understand anything about JP ticket acceptance. There is passenger protection program activated in Star Alliance (from JP). The members of the alliance have obligation to accept JP tickets (involuntary exchanged) for period announced (cease of operations for two days). Therefore JU can introduce "rescue" fares, OU, LH and OS cannot. This is why LH/OS did not increase/announce the flights to LJU. Very stupid comment.

      Delete
    9. So. I'm checking today list of departures from LJU and see none of LH/OS flights. I don't see them tomorrow, also.
      Did I make some mistake so I don't see them?

      Delete
    10. You know he's not Slovenian since he doesn't even know who flies to LJU. He's probably someone who hates Serbia and needs a place to vent.

      Slovenes love JU. That's why JU flies 12 weekly to LJU, more than ZAG or VCE.

      Delete
  11. 60 million Euro losses over three years doesn't seem excessive at all for an ExYu airline.

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    Replies
    1. It's not 60 million in losses. It's 60 million in debt, meaning the money they owe others.

      Delete
  12. Is Adria still selling tickets for tomorrow?

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    Replies
    1. They selling return tickets to AMS (departure tomorrow, return on Friday) for 353.27 EUR as the cheapest fare with hand luggage only.

      Delete
  13. Good luck, Adria! Hope something can be done!

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  14. I have a question regarding rescue fares. How does it work for passengers at the airport? Did someone come and inform them or ...? How could they book it at the airport? Was there a JU staff there to help them or...?

    ReplyDelete
    Replies
    1. There are no rescue fares. It is a marketing trick. Everyone can buy this tickets. It is a valid marketing decision, but please do not describe this as rescue mission, Samaritan or something similar. This are vulture fares.

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    2. Rescue fares are industry wide standard. Just because you don't know about them doesn't make you qualified to call them vulture fares.

      Delete
  15. I see some people are still clinging to hope they will somehow fly on Thursday. The airline is literally bankrupt and no fresh capital is coming because absolutely no one is buying tickets with them. Creditors are all requesting money back. They are just prolonging the inevitable, something Jet Airways also did.

    ReplyDelete
    Replies
    1. Pilots are also hoping Adria can survive. Today they are going to present some document to the government on how Adria can be saved and run.

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    2. You mean the pilots that didn't have a successful meeting in Vienna? XD

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    3. These are the same pilots that were asking for more money for their contract just 10 days ago.

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    4. Pilots waited on the Titanic too long and there are no rescue boats available. Pilot market is overfloodes with airlines going bankrupt every day of this week it seems.

      And now they want the government to provide them with jobs.

      Delete
    5. @Anonymous 25 September 2019 at 09:35:

      Let me guess, you were at the negotiations? Money was never the problem, working conditions were. Stop posting BS.

      Delete
  16. I have a feeling the CAA will revoke Adria's license today.

    ReplyDelete
  17. Successful ex-YU CEOs seem to end up in even better positions. Dane ended up in Saudia as COO, Kucko is CEO in Saudia, let's see where the Adria one ends up. Maybe EK or QR need a high ranking official with his experience and CV. :D

    ReplyDelete
    Replies
    1. Sorry, I meant Kucko in Gulf Air. And btw Kucko introduced a special retro livery on the 787 and they revised the legendary livery by removing burgundy which symbolizes Qatar. :D

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    2. Neither of them bankrupted their airlines.

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    3. No but they almost did it. Kucko made the situation so bad that the airline had to sell its valuable LHR slots.

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    4. You are forgetting Mark Anzur former Adria CEO (replaced by 4K Invest). He became CEO of Stobart Air afterwards. He is no longer holding that position.

      Delete
  18. Look at who is a keynote speaker at this "Wings of the future" summit LOL
    http://wingsofthefuture.ru/en

    ReplyDelete
    Replies
    1. LOL the Estonian wunderkind!

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    2. Don't think he will be Adria Managing Director by the time he is due to speak there.

      Delete
  19. Why should the country help someone that is privately owned? Like buying my old worthless car back. The fact is that most Slovenes no longer fly from Brnik because it is too expensive compared to other airports. They should have done something with Adria while there was still a chance, not now when everything has been stolen and destroyed.

    ReplyDelete
  20. Adria is now a national disaster not a national carrier.

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  21. Adria was lost when it was sold to a foreign owner. Now everyone is playing the nationality card and how it is Slovenian. It's a national catastrophe. Bury it and move on. I am certain majority of Adria employees will find alternative employment in the industry.

    ReplyDelete
    Replies
    1. Exactly. Adria is German, who cares, I didn't sell it to a foreigner.

      Delete
  22. I don't understand some Adria employees. I understand they are all about to loose their jobs but they are all saying (pilots especially) how the management are a bunch of morons and that the state should intervene. Why didn't they say this a year ago? Or even a month ago. Why didn't they all go to the government and request meetings and warn them about the state of the company?

    ReplyDelete
  23. Austrian again had to cancel the Adria operated flights. On Twitter they wrote how Adria will be back in operation tomorrow. If I was Austrian, I would seriously start searching for a new partner.

    ReplyDelete
    Replies
    1. Yeah I am also puzzled at LH, LX, OE reaction at JPs slow demise. I mean JP was small but it was feeding FRA, MUC, VIE and ZRH until their last moments. And yet the seem to be pretty sleepy? What is going on with their transfer passengers?

      Delete
    2. Air France, Transavia and Air Serbia seem to be the only ones who responded to this. LH Group might lose their dominant position now in Slovenia. Oh well, you win some, you lose some.

      Delete
  24. Not having a national carrier is far from being the end of the world. It worked out quite well for Macedonia.

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    Replies
    1. It did. passenger and tourism numbers are booming. Wizz is now employing more Macedonians than MAT ever did.

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    2. Macedonia has one of the lowest connectivity levels in Europe due to Wizz Air and people's inability to catch connecting flights. It also has very few flights to European hub airports. Some people now even go to Sofia to catch a flight with a full fare airline.

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    3. lol nice spam @12.09 the times where macedonians went for SOF was when there were no cheap flights from SKP.

      Delete
    4. Last time I flew from SOF I saw more Serbian passports than Macedonian.

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    5. It is true. Macedonia and Bosnia have Europe's worst connectivity according to ACI
      https://www.exyuaviation.com/2019/07/ex-yu-airports-lagging-in-connectivity.html

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    6. There is no way you can argue that Wizz Air hasn't been fantastic for Macedonia. Yes, the government give subsidies, but doesn't spend anywhere near what they would need to have a national airline. More Macedonians are travelling now than ever before.

      Delete
    7. Anon 11.58

      It's ok, that is all changing now with INI booming.

      Delete
  25. Will there be some live stream of the CAA conference?

    ReplyDelete
    Replies
    1. Yes, on youtube, it has a countdown and everything.
      https://www.youtube.com/watch?v=R8irSGPUJEs

      Delete
  26. So let me get this right. Pilots and other want the state to take over which was just as bad as managing the airline as 4K. As much as I dislike the 4K crooks, Adria's problems started looong before them. The company was sold for peanuts precisely because of the mess it was in.

    ReplyDelete
    Replies
    1. This is very true. Adria began asset sale in 2013 during government ownership. They sold everything. The only thing that was left for 4K to sell was the brand.

      Delete
    2. Actually they also sold a CRJ200.

      Delete
  27. The head of CAA gave an interview the other day. He said he couldn't care less if Adria went bankrupt and that he flies out of Zagreb.

    ReplyDelete
    Replies
    1. He said that because a lot of people accuse him of dragging his feat with Adria. He used to work there.

      Delete
  28. The biggest winner of Adria's demise will be AirSerbia (more connection pax on short-haul) and the biggest loser LH group (no more subsidising by Adria of Lufthansa transfer pax flying to MUC or FRA).

    Interesting whether LH group will find it worthwhile to start its own operations to LJU (LH has much higher costs). I guess not immediately - they will wait to push the Slovenian government to pay for it first (PSO). At the end of the day the Slovenian government will pay for what it expected to get for free from Adria.

    I also expect lcc will now want more subsidies for flying to LJU.

    AirSerbia in turn is certainly hoping for consolidation of the ex-Yu market.

    ReplyDelete
  29. Franjo Tuđman airport and Croatia Airlines will most definitely benefit.... I was at the Airport this morning 20-30% of cars parked were from Slovenia....as the unfortunate saying goes:"One person's misery is anothers fortune". Slovenia will bounce back, I am certain another airline will be formed...

    ReplyDelete
    Replies
    1. Zagreb might benefit short term but soon enough zagreb will have Banja Luke to the south (which has clearly taken pax from Zagreb) and soon Ljubljana to the northwest which will most likely now become a LCC focused airport much like Skopje. I’m so disappointed that especially now, coming into the winter season where OU has seasonal issues that they don’t see the opportunity they have here. A close by EU airport with Star alliance member passengers are ripe for the picking and could become OU passengers. I’m mean it could not have been timed more beautifully for OU!!!

      Delete
    2. Q400, Adria just ceased flying yesterday, without any OU strategy there will be a spill over benefit for Zag and OU due in part to the fact that Slovenians have to keep on flying....nobody will sustainably benefit in the long run, the Slovenian market will reset itself like Hungary without Malev. As for Banja Luka (100% dijaspora passengers), it will always nibble at Zagreb numbers, but will never impact Zagreb. Also, if LJU becomes and LCC airport, then Zagreb will revise its strategy and allow for LCC's sooner or later whether OU likes it or not.

      Delete
    3. 'it will always nibble at Zagreb numbers, but will never impact Zagreb.'

      You just contradicted yourself.

      Delete
  30. Smells like the decision will be postponed for another day

    ReplyDelete
    Replies
    1. The telenovela episode ends in a cliffhanger. Join us next week...

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    2. I just wonder do they think ANYONE will fly with them until next Wednesday.

      Delete
  31. I am hoping for the following scenario: Government lets Adria go bankrupt, just to see 4K go, then opens new company, renames the company, hires majority of previous Adria employees and rents the Adria planes back.

    Maybe it's only a wishful thinking, but what's the likelihood of something like this happening? And are there any laws that would prevent government from doing such thing?

    ReplyDelete
    Replies
    1. I don't see why the government should be in the airline business.

      Delete
    2. I don't know, maybe there's more than just Adria at stake, but the whole Slovenian aviation. Maybe it's also knowledge sharing, and all sorts of things that you can't buy. Either way, that wasn't the question.

      Delete
    3. There is absolutely no reason why every European country should have its own airline if the market can't support it. Perhaps someone will start a successful airline in Slovenia, but it shouldn't be the government.

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    4. And governments usually make for poor airline managers. Don't forget that 4K took over the airline because it was already in trouble. A successful airline would have been taken over by a serious operator.

      Delete
    5. What if government lets the existing employees run Adria? I am sure they have someone who's capable?

      I understand your opinion. I am just curious if that is a possibility and if it might happen. I am not trying to discuss whether this is a right or wrong thing to do.

      Delete
    6. I doubt that the government has any interest in running an airline. If anything, they will subsidize a few routes. As for existing employees, anyone wishing to set up a new airline in Slovenia -- or to revive Adria -- would need to bring in a new management team.

      Delete
    7. Ok, thank you :)

      Delete
    8. Adria Airways, by definition, does not have the required quality of existing employees to make a success out of a very difficult situation. Even if they had the best and most capable airline managers from around the world, a Slovenian-based airline doesn't have the size and scale to compete against much larger and stronger competitors in Europe. Without scale, it can not have low enough unit costs to compete with Wizz and Ryanair, and without a solid financial backer will also overpay for whatever aircraft they area able to source in the market. If they think network/full service is the way to go, they will get drowned by those in that segment with scale and reach such as Lufthansa group, IAG, AF-KL, etc. It is also almost a certainty that the best employees of Adria left long ago to pastures further afield, or left the industry altogether.

      Delete
  32. Svaka cast ErSrbiji na brzoj reakciji,vec veceras salju A319 za Ljubljanu. Ocigledno dobara reakcija putnika koji su imali kupljene karte kod Adrie

    ReplyDelete
    Replies
    1. Nice! hopefully we get to see it more often.

      Regional connections to BEG-LJU:

      SJJ, TGD, SOF, TIV, OTP, SPU, SKP, SKG, IST, TLV, TIV on YM, ZRH, ATH, TGD on YM.

      Connections from LJU-BEG:

      SVO, BEY, ATH, TIA, SKO SVO on SU.

      Delete
    2. I need to go to Frankfurt next week. Booked JU. it takes me only 10 hours via BEG. Nice!

      Delete
    3. That's because FRA and LJU are in the same wave, JU isn't after FRA passengers from LJU. They are after the Balkans and the Middle East plus Russia.

      Hope you enjoy your flight!

      Delete
  33. Carpatair F100 is again in LJU, arrived 2h ago... I guess we'll see it operating some Adria flights tomorrow, if their AOC don't get revoked.

    ReplyDelete
    Replies
    1. It's over. It's just been announced all aircraft leasing companies have cancelled contracts with Adria. Adria has no aircraft anymore.

      Delete
    2. It seems the Trade Air Fokker has been brought in to get stranded Slovenian tourists back home from Mediterranean holiday destinations.

      Delete
    3. @14.28 you must be the same person yelling "fake news" last week when it was written that Adria's would suspend operations.

      Delete
    4. All Airbuses are being repossessed.

      Delete
  34. Let's see who of AA pilot is most active in rescuing the airline and presenting the rescue plan

    Cpt Primož Jovanovič, former businessman with unsuccessful project with Soko Galeb, obviously there was not enough support from the state and the private companies, all that was left were unpaid invoices to LJU airport
    https://siol.net/avtomoto/novice/konec-letalske-romantike-zakaj-slovenski-pilot-prodaja-vojaskega-lovca-307243

    FO Marko Kastelic, former president of youth wing of party Social democrats (present in current Slovene government), former employee in commercial division at LJU airport with absolute no business success and was later employed at AA with political support in 2015
    https://www.delo.si/novice/politika/novi-stari-predsednik-podmladka-sd-je-marko-kastelic.html
    https://nova24tv.si/slovenija/adria-airways-iskala-najboljsega-pilota-in-izbrala-starega-znanca-medijskih-naslovnic/

    ReplyDelete
    Replies
    1. This pretty much tells everything

      Delete
    2. Wow, talk about investigative journalism. The point you're trying to make is? Kastelic volunteered to be the spokesperson for the union. I guess because of his political background. Is that a problem? Where is your proof that he had help getting into Adria?! And who gives a cra* about Jovanovic's failed project.

      Delete
    3. is US english those types are called freeloaders

      Delete
    4. Maybe that these two are not the most component persons to advise the government with appropriate solutions

      Delete
    5. One of Adria's main problem is that most of it's employees are still stuck in state socialism 20 years ago
      And now this same employees will advise the government what is the best solution

      Delete
    6. The point is that before privatisation AA was more or less managed and controlled by Social democrats including with recruiting and major business decisions. Obviously, there is still a lot of people lobbying that we go back to this situation

      Delete
    7. Thirty years ago. But I agree.

      Delete
    8. Finished his college degree in 2014 at age of 29 and then employed by AA
      https://plus.si.cobiss.net/opac7/bib/13764123

      Also advisor to European Parliament MEP Tanja Fajon Office
      https://si.linkedin.com/in/marko-kastelic-0a0240a7

      Very good qualifications for Adria's next CEO

      Delete
    9. Primoz has no failed project. His Galeb was purchased for historical reasons, not for busines reasons, so cut your crap.

      Delete
    10. WTF is your obsession with Primoz and Marko?! Did anyone ever ask who is 4K? Did anyone ever ask if Tufek, Grasek, Anzur, Bostjancic/Vuga, Kocjancic did anything wrong?

      Now you will come here and blame the pilots. What is wrong with you people?! Was it pilot's responsibility to sell tickets, make sound business decisions, evaluate the market, ...? No? In that case, cut the crap.

      Delete
    11. Anon at 14:19

      Primoz has never been businessman in his entire life. What you are selling here is a personal affront, punishable by law (at least in decent countries). He was actualy very sucessful as operations director of the AA flight school (which he did along his flying career). Under his leadership school was most prosperous.

      Delete
    12. Ah, it's actually good for enternainment value on this forum. To see how some folks get all fired up when their so called rights or their so called friends get called up upon or questioned by a totally legitimate post.

      Remember we all love aviation here, are involved with it in one way or another, but JP pilots and crew, nor any other company are not some gift from god, so should also cut their whining down.

      Delete
    13. May I ask what you do for a living? Laughing at a person for losing his/hers job? Wow, how low can go.

      Delete
    14. Ah, there is nothing entertaining in indulging in one's misery. People lost their jobs and that's it. Gift from god? I guess only in your mind.

      The lack of empathy is worrying. I guess due to the anonymous nature of the forum, one can say whatever he/she wants. In a way, it's similar people sympathising with murderers. All due to the anonymity. I would love to see one of the hateful posters say all the bad things to the affected person to his/hers face.

      Delete
    15. A lot of people know Cpt Jovanovic very well at LJU airport and all his tricks. According to his belief everything at the airport and in the vicinity should serve AA for it’s purposes, no matter what it takes.
      He actually said something similar in his interview at commercial POP TV last night…

      Delete
    16. Yeah, Jovanovic will single handedly solve the situation. He's the master of the universe. Cut the man some slack. He's not the sharpest tool, but he's a good guy.

      Delete
    17. common people, this blog has become a public toilet. What is wrong, if an employee fights for the company. They are doing it under one condition - that new, competent managment is put in place. And it is nothing wrong if there is struggle for an industry to remain in the country, because if Adria is gone, there will be no new start. State is having a phantasy, that Adria 2.0 is possible, but they would have to put even more money to kickstart it. Some of you are pure libertarians, you think market solves all. It doesn't. State and its infrastructure in serious countries is not put in private hands and left unattended. The libertarians are posting realy disgusting posts, mocking all employees of Adria, regardless of their part in current situation. Do you people realy think that is easy to start an airliner? How many have gone banckrupt since 1950 and how many have been established in last 5 years? The poisonous atmosphere which is prevailing in this blog is making me sick. It used to be place for aviation enthusiasts. So, goodbye.

      Delete
  35. The company denies unofficial news about plane shortage. It's fake news.
    They're like a club boxer after 8 rounds with Mike Tyson.

    ReplyDelete
    Replies
    1. CAA confirmed that 3 Airbuses have been repossessed.

      Delete
    2. By that you mean they've already had all the sense knocked out of them?

      Delete
    3. Yep, they did not even hear the gong and still punching the air.

      Delete
  36. So CAA says Adria is insolvent by two criteria but they still give them a week and they will probably wholeheartedly accept some pompous restructuring plan.

    ReplyDelete
    Replies
    1. CAA's actions strike me as highly irresponsible. When an airline is shutting down and essentially insolvent, even the safety of its passengers is at risk; that's why strict regulatory criteria were established in the first place. Floundering airlines are statistically less safe; just look at Eastern's safety record before it went bust.

      Delete
    2. CAA are doing the expected thing, they don't want to be blamed for shutting down the airline.

      But to be fair, Adria isn't flying with their own aircraft anymore anyway, so no safety issues there.

      Delete
  37. Would be a scandal but wouldn't change a thing. Adria still won't have no money, no supplier, no planes and no pssenger. What's worth the license then if you cannot make use of it?

    ReplyDelete
  38. Can anyone explain why Adria's pilots are negotiating with the Slovenian government? They neither own nor manage the airline.

    ReplyDelete
    Replies
    1. Previous and current political connections I guess.

      Delete
    2. Hmm, maybe because they want to keep their jobs. I know, in Slovenistan that is a big no-no. Workers earning good salaries should be jailed or shot. And pilots should all work for minimum wage, away from home so their families can never see them again. Am I right or am I right?

      Delete
    3. We all understand that they are concerned about their present situation. I think we all would be if we were them. What is more difficult to understand is that they -- or at least some of them -- are demanding the state (i.e., ordinary taxpayers) save their jobs even though they work for a private company. I also don't understand why the state is negotiating with them even though they, as employees, really have no say in Adria. They don't own the airline and they don't run it.

      Delete
    4. And in a single EU market, people move between countries all the time. That's really not unusual in 2019.

      Delete
    5. So your suggestions would be to keep quiet? They have every right to do everything in their power to do something about the situation. And enough about taxpayers money. As a tax paying citizen, I know that a lot of money is being irrationally spent. Just have a look at Jankovic and the incompetence of Slovenian judicial system. Who do you think is paying for all that shenanigans? Tax payers.

      I rather see ordinary people have decent jobs in Slovenia than financially supporting system that legitimizes stealing. But I have no word in any case.

      Delete
    6. @Anonymous 25 September 2019 at 16:14:
      I guess you're not a pilot? If you were, you would know that there is no stability when it comes to bases. Just look at Ryanair. They closed majority of Spanish bases at a moment's notice. So pack your stuff and move your family to another country. Until it happens again. And it will!

      Delete
    7. I'm just wondering why the government is negotiating with pilots, who are certainly a concerned party but aren't really in a position to make any decisions about Adria's future.

      I would also arguing that keeping the state away from big corporations (in terms of funding, not regulation) actually reduces corruption in the long run.

      Delete
    8. The thing is, the current management doesn't want to talk to anyone outside of the company. Being a private company, nobody has any insight into what is actually going on. Since Adria is the only airline in Slovenia, it would make sense to inform the state about the present state of the company. If the owners don't want to do it, employees will. What the government does with the information, is entirely up to them.

      Also, it's pretty obvious that 4K is lying constantly.

      Delete
  39. All Adria flights departing tomorrow from 6.05 or later (26.9.2019) are still listed as "on time" and not cancelled yet. I just saw it on "manage my booking" (Adria web site).
    Adria Airways and CAA Slovenia office are jokes ... interconnected with each other ... can't believe that is Eu. Do they follow the official rules of Eu? If so I'm disappointed by Eu...

    ReplyDelete
    Replies
    1. It's still early. JP will probably revise the schedule tonight. Remember they announced the Tuesday and Wednesday flights cancellations on Monday at 23.55.

      Delete
    2. Thank you for your answer. I got it. But I can't understand it. It's so unprofessional. Hope aircraft security is more professional.

      Delete
  40. It's interesting that there's been limited comments about the contribution to this failure of LJU airport and its management. Adria has been in trouble one way or another for over a decade. Yet, LJU has had their heads stuck in the sands and continually believing they'll be able to milk high airport charges from Adria and the other airlines flying there - the gravy train has just come off of its tracks! Now they get to sleep in the bed they've made. Their failure to attract a strong LCC presence in a market that is perfectly suited to LCCs will bite them on the a*s. Fraport too will have fun with 50% of the market gone. Their negotiation position is now very weak and the guys in the airports team at Wizz, Ryan, EZY will be ringing their hands, if they can even be bothered to engage at all...

    ReplyDelete
    Replies
    1. Perhaps Adria's failure will force Fraport to reduce its fees, which would be good news for Slovenia in the long run. That's another argument for a market-based aviation sector. When it had guaranteed revenue from a quasi-monopolist, Fraport didn't have to think competitively.

      Delete
    2. LJU airport and its management were always favouring Adria. Now this policy will hopefully change. Who will now get the well paid and easy business contract for flying bureaucrats to Brussels? Paying for the gasoline on time will be necessary?

      Delete
    3. Actually most of people at LJU airport are sick and tired of AA because they are listening to the same stories for the last 15 years, not just last 3 years. We can not do this, we can not do that, all because AA’s future has been very unclear for all this time.
      Most of employees at LJU airport just want this saga to end, no matter how. It’s true that LJU has and will have some problems because AA has very huge traffic share, but in last years we have come from 75% to 50%.
      Unfortunately AA in it’s current form is very unreliable business partner and nobody believes anymore that anything can change regarding this. Sadly the bitter end has to come sooner or later.

      Delete
  41. Can't imagine anyone buying a ticket from AA right now. Cash flow is close to zero, how do they even buy the gas, since I guess they are going to be asked to pay upfront?

    ReplyDelete
    Replies
    1. Why are they still allowed to sell tickets?
      Does anyone really think they will return the money they are getting from ticket sales to stranded passengers?
      Has any airline who went bankrupt done so? Ever?

      Delete
  42. Last week (unfortunately) I booked flights with Adria Airways for February 2020, since the ariline won't fly anymore in few weeks I guess, what can I do to get my money back?? Thank you in advance

    ReplyDelete
    Replies
    1. Get in contact with your bank and ask them to cancel that transaction!

      Delete
  43. Adria Airways is playing very dirty
    They have chosen Monday 23SEP and that in the evening to declare that they will not fly and cancel all flights on 24 and 25SEP, something that aviation industry have not heard before
    During the same day on 23SEP, until bank have been closed they have collected payments from local IATA BSP in all former YU countries, those where they make most of the sales; PRN, TIA, SKP, and others
    Now the next period for payment on IATA BSP is due on 30SEP, Monday and if they play again dirty game canceling the flights without bankruptcy, the will collect another tranche of money collected from IATA sales period 15SEP-20SEP, people that will never fly JP flights or connecting flights LH, UA or god know and they will most probably declare bankruptcy after 2 OCT

    So Slovenian state or CAA is giving time to Adria to collect more money from other countries, woth other word most of ex YU states and Albania helping them to make more damage to clients that wil never get any refund if they go bankruptcy after 2 OCT

    Solution
    IATA BSP on case of “MA MALEV bankruptcy” has not allowed us; many agents that we have requested not to pay the portion on MA sales on upcoming IATA BSP invoices for future flights that ever occur
    But later on similar case
    IATA BSP has wrote all agents on IATA BSP on case of “VV AEROSVIT bankruptcy” the correct way and allowed all agent not to pay the VV portion of sales.

    Fazit all CAA from all EX YU states, Ministry of trades and transportation, prosecutor office shall react or thei people will suffer from this dirty game
    IR

    ReplyDelete
    Replies
    1. Well, as long as IATA hasn't kicked out or frozen JP from the BSP (why on earth haven't they?!), the TRF option is still there for agents to try and retreive whatever they can from this mess, so I'm guessing that even if this was their plan it will backfire and their BSP settlement will soon dip into the negative numbers.
      Interestingly, there was a communication from ECTA reminding agents that this does not guarantee the agents will actually receive the funds, which makes me think that IATA will be the one witholding JP refunds from the agents.

      Delete
  44. da su radnici adrie pametni neka love te proklete ljude od 4k kompanije, kao sto su uradili zaposleni air france kada su lovili managera po aerodromskoj pisti u parisu i jedva spasio zivu glavi, cak su mu skinuli kosulju...nisu radnici adrie unistili kompaniju nego k4 a veliki krivac je i slovenska politika jer je njima prodala adriu mada su znali da k4 nema pojma o avijaciji....i nije istina da zaposleni prije mesecima nisu slovensku politiku obavestavali o problemima kod njih....

    ReplyDelete
    Replies
    1. Adria was performing poorly even before 4K took it over. In fact, the reason why it was essentially given to a shady German fund rather than sold to a respectable airline is that no serious player wanted it.

      Delete
  45. Why not a lifeline till the year 3900 ?!

    ReplyDelete
  46. 25. September 2019
    Author: Adria Airways
    Adria Airways announces that it will continue with temporarily ceased majority of its flight operations also on Thursday, 26 September and Friday, 27 September.

    During these two additional days, the company will maintain a connection to its most important hub in Frankfurt. The Airline plans to operate on both days evening flights on route Ljubljana - Frankfurt - Ljubljana.

    Adria Airways is still leading active discussions with potential new owners and major creditors and remains dedicated in reaching positive solution for all.

    ReplyDelete

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