Businessman plans new Slovenian carrier


Slovenian businessman Joc Pečečnik, the founder of Interblock Gaming, which manufactures products for lottery games, plans to set up a new Ljubljana-based airline which would link the Slovenian capital with several European destinations. Mr Pečečnik has placed a bid for what remains of Adria Airways’ estate in cooperation with a foreign partner. “We decided to do this because we would like to establish a successful business and because we would like to be able to fly to European cities again from Ljubljana, and not go to neighbouring airports three or four hours before our flights, which are typically up to an hour long”, Mr Pečečnik said.

The businessman refused to reveal the name of the foreign partner linked to the project. “We believe that with the help of a strong foreign partner, which has experience in aviation, we could successfully establish this airline”, Mr Pečečnik said, adding that the partner in question is an expert in the aviation industry. According to reports, the businessman plans to establish a new Adria with the help of the carrier's former CEO Mark Anžur. Mr Anžur ran the company from late 2012 until its privatisation in March 2016. He later went on to serve as the CEO of the Irish regional carrier Stobart Air for an eight-month period.

Meanwhile, businessman Izet Rastoder, a banana importer and seller, as well as a real estate developer, who has bid for Adria Airways’ Air Operator’s Certificate (AOC), is looking to develop an airline in the private aviation sector. According to reports, Mr Rastoder has established a new carrier - Air Adriatic - and is in the process of acquiring two private jets. On the other hand, the state is still weighing its options on whether to set up a new national carrier with the help of a foreign partner. A final decision on the matter is expected by the end of the month.




Comments

  1. The JP demise hangover is tremendous. Don't really get why waste so much money on a project that is most likely to fail? What's worse is involving a person, who will act like an investor but lets see who will be behind the management. Don't think Slovenia is keen having another 4K or perhaps 5G company.
    Just invite foreign carriers and quickly fill those JP gaps, which will lead to lower prices and more competition for all.

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    Replies
    1. hangover is great way to describe this tumultuous adria story

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    2. Pececnik probabbly plans some collateral income, maybe increasing cargo traffic. His most important market was USA. How things are standing in last year, I don't know.

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    3. But this would be a private company so it wouldn't involve the state.

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    4. Only fools or people who need to money launder, open up an airline nowadays in such a small market. Not a hint of a chance in todays market environment with LCC, government subsidized carriers or the Big3 in Europe. And to become a regional carrier for one of the Big3, you 'd need dozens of planes and for this u dont find anyone to pay in little cozy Slovenia. Hangover time will last another couple months until everybody becomes serious again in SLO.

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  2. As long as investment happens with private money, I'm all up for it!

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  3. In less than a year, it'll be like Adria never existed. All the trunk routes will have been filled by external airlines. It's sad for the legacy but Adria had no place in the future.

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    Replies
    1. +1. No place for small airlines in ruthless European market.

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    2. The frequency JP had on its network out of LJU will not be covered in years.

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  4. this is unbelievable.
    has that guy checked the margins of avioindustry?
    doesn't he know that you have to be mad man to invest and work in avio?
    doesn't he know that saying about billionaire who invested in avio and turned millionaire?
    who is advising him?

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    Replies
    1. Why are you so upset? Is it your money?

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    2. I agree with Petar. You have to be crazy to invest in aviation industry at the moment.

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    3. There are some people who think differently.

      People with money

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    4. Yes, exactly why are you upset, Petar?

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    5. Based on some comments here it seems that is simply impossible to start a new airline. I believe it is possible, but you have to plan very well.

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    6. Haha exactly. New airlines can be launched successfully.

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    7. hopeless project if Anzur is in the team

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    8. Dečki, ja bih rekao da Pečečnik ima više love od svih vas, pa mislim da i više zna o businessu od svih vas

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  5. "businessman Izet Rastoder, a banana importer and seller, as well as a real estate developer"

    this looks like a great openning sentence for a crime novel!

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    Replies
    1. On za razliku od Todorića barem plaća dobavljače i nije investirao lovu koju je ukrao njegov stari kao mate rimac

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  6. Televisa presenta - AGAIN!

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  7. This is not a bad idea at all.

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    Replies
    1. First their offer to buy Adria assets needs to be the winning bid .

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  8. According to some media the partner is City Jet!

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    Replies
    1. Media also said how they wanted to buy Adria. So much for that.

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  9. Seeing up an airline isn't as easy as most think.

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  10. Wonder which aircraft they will use?

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    Replies
    1. I'm also interested to see how creative they will be with their name :D

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    2. Interblock Airways ;)

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    3. @12.32 do you know this or are you just guessing?

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    4. Air Fool @Horses

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    5. CRJ, the core of all profitable airlines.

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  11. Wasn'r Air Adriatic the name of the Croatian charter airline?

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    Replies
    1. Yes it was. But that company is long gone and its name is up for grabs.

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    2. I highly doubt the name has been trademarked.

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  12. Doubt this will ever get off the ground

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    Replies
    1. Why. It seems that people in the know are behind this project.

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    2. Because it is an expensive business. I don't know have you noticed how many airlinea went bankrupt this year.

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    3. Pečečnik is in the know?

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    4. He won't be running the airline. He will just be an investor.

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    5. The airline will be run by the foreign partner and Anzur.

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  13. Great, another overly ambitious project that is bound to fail.

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    Replies
    1. Let it first get off the ground before we judge if its failed or not.

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  14. Bravo Slovenia!

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  15. Pečečnik got into some trouble for his statement. Although this site didn't mention it he said Slovenians shouldn't be forced to go to other airport like "cigani" - gypsies. He was called a racist.

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    Replies
    1. Well it is kind of a saying in these regions but politically incorrect in this day and age.

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    2. Lol Slovenes where forced even before bankruptcy to use other airports. They were actually smart as "cigani" to search the most convenient way of travel with avoiding Adria and LJU

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  16. Why is everyone so negative on this site. If a private investor has decided to set up an airline, why is everyone against it?? If he fails he will burn his own money, if not everyone will benefit.

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    Replies
    1. Everyone here (commentators) are overly negative about everything. It's like they enjoy to see everyone fail.

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    2. It's the Balkan mentality.

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    3. I agree. So much negativity. Relax people.

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  17. If they have a foreign investor plus Pacecnik plus Anzur as CEO. It could be a good combination. Fingers crossed.

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    Replies
    1. Better than the government setting up a state run airline.

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    2. Much better!

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  18. Replies
    1. They will need a lot more than luck.

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  19. Potential customers are becoming very wary of new airlines.

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    Replies
    1. Potential customers do not really care as long as the prices are good.

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  20. I hope that these ideas will become a reality.

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    Replies
    1. Me too. I hope this succeeds and support any kind of enthusiastic idea, especially in aviation industry

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    2. I will eat my shoes if this ever sees the light of day... Neeeeever gonna happen

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    3. ew your shoes :S

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  21. Very brave people! (incl.all behind all those failed airlines...)

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  22. Živi bili pa vidjeli.

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    1. Iskreno ocekujem da ce taj tim profesionalnih, poslovnih ljudi uspeti. Sa stranim partnerom iz industrije i Anzurom poznaju sve poslovne i politicke okolnosti i uticaje koji mogu biti prepreke za uspeh i razvoj privatnog biznisa u avio saobracaju. I pored svih potencijalnih prepreka, verujem da ce buduca avio kompanija uspeti u Sloveniji. Cenim ljude koji zele da menjaju svet. U komercijalnoj avijaciji posebno.

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    2. Farsa se nastavlja, ali je to već praksa na Balkanu. Možda se posreći, nikad se ne zna.

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    3. Nek im bude sa srecom...sa ˝ekspertom˝ Anzurom trebat ce im mnogo srece .....

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  23. Ha,ha,ha this is a good joke...

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  24. This would be great news for Ljubljana. Wish them all the best!

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    Replies
    1. By the time this airline takes off, LJU will have recovered.

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    2. I think it will take until mid 2021 for LJU to fully recover. We will see.

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  25. Like I said before, this would actually be the best. I hope it happens. Because it would mean that a 100% private airline would be set up and the government would give up on the idea of establishing a state owned carrier.

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  26. Please include Maribor Airport in your plans.

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    Replies
    1. That would cement this start-ups failure.

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    2. Wasn't it under Anzur that Adria started flying Maribor-London Southend?

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    3. It was and it lasted a few weeks.

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    4. That was one of the routes planned with Adria's 60 year old experience.

      2 ferry flights to fly 2 revenue sectors with CRJ only to have found out CRJ isn't too happy with short and wet runways, and of course it's always sunny and dry in UK, so they had to send A319 most of the time for CRJ worth of pax.

      Pure profit and success.

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    5. What is the issue with CRJ and wet runways? Is it the landing or takeoff?

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    6. as someone who flies a CRJ for a living, I can tell you, it doesn't have an issue with landing on wet runways

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  27. Well Pečečnik can't count on IATA membership anymore. Adria has been officially booted out of it. This usually happens a month after an airline goes bankrupt but IATA waited to see if someone would be quick to establish a new Adria and assume its IATA membership.

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    Replies
    1. Nice of them to have waited a bit longer though.

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    2. You can make profit in airline business without being an IATA member.

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    3. IATA membership is nowadays linked with IOSA registration. Once your AOC is suspended same hapends with the IOSA Registry. Once you're out of IOSA you are out of IATA in the next 90 days. Anyway, makes not much sense to be IATA member ...

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    4. Thank you for the explanation

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  28. Less talk more action. Everyone is proposing something - state, businessmen but no one has taken any concrete action yet.

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    Replies
    1. You can't set up an airline overnight.

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    2. Nordica disagrees.

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    3. Yeah look at where Nordica is now...

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  29. New airline? Adria Lucky Banana

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    Replies
    1. You mixed the two up. The banana guy is setting up a private air taxi airline.

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  30. Pececnik is likely an attention seaker. A statement " if the state is opening another /agency/ (meant Airline) we will step down from our initial plans to recover Adria" say it all. Also looking for slots when expired, IATA membership when it's aleardy gone and claim the project on the suspended AOC (which is another invention of Slovenian CAA). All about cheap public apperance.
    Rastoder opened a LtD company. This is far away from submitting an EASA Form 44.20

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  31. Of course they will use Superjet- any runway is fine and plenty requests for ACMI and charters guaranteed.Success is unavoidable after correct selection of plane..

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  32. The foreign partner could be that Irish consultancy company that was mentioned a while back.

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  33. Hope it works out.

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  34. When will the final decision on the sale of assets be made?

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  35. I propose a name BananAir

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