NEWS FLASH
The permits and licensees of bankrupt carrier Adria Airways, including its Air Operator Certificate (AOC), will be put up for auction on January 23 at a starting price of 45.000 euros. The company’s receiver, Janez Pustatičnik, has said the price was based on the five non-binding bids he previously received for Adria’s assets. A Slovenian AOC would give its holder rights to maintain services from Slovenia and other European Union-member states. As previously reported, although Adria’s AOC was due to expire at the end of last year, its validity has since been extended.
At last.
ReplyDeletehttps://lenta.ru/news/2020/01/17/adria/ - Russians are coming
DeleteYou cannot auction licences or permits (and especially not the AOC). They are non-transferable. What you can auction is a shareholding in the entity that holds those licenses and/or permits. And to hold an AOC, you need at least one aircraft (leased or owned) and +/- 7 highly qualified post-holders on payroll. Does Adria still have all of the above?
ReplyDeleteIt's Slovenian CAA, so everything is possible.
DeleteAnd then people will be surprised that even Venezuela has better ICAO safety audits results than Slovenia...
People will also be surprised that Venezuela has better ICAO safety audit results than Germany, but of course that doesn't fit into narrative you're trying to make.
DeleteStill doesn't change the fact that CAA was doing everything they could to delay Adria's inevitable demise and they are still well into the grey area with this AOC sale.
DeleteI agree, but I just wanted to clarify that what you have written in previous comment can sound misleading.
Delete"The subject of sale is asset representing the BUSINESS WHOLE of the debtor ADRIA AIRWAYS d.o.o. – in bankruptcy" (https://www.adria.si/).
ReplyDeleteall post-holders are still there- no problem with re-start.
ReplyDeleteAs UK tries to save Flybe (similar to other European countries who have saved their national carriers), Slovenes once again show their superiority by bankrupting the only carrier they ever had. Well done!
ReplyDeleteFirst of all, UK will not bail Flybe. It's not even the flag carrier.
DeleteSecond, Adria wasn't Slovenia's only airline, there were (and still are) plenty of AOC holders. It's just that one, nobody could compete with Adria's government-backed monopoly and two, they knew most LJU routes will never make profit.
Third, you don't need post-holders on payroll to hold AOC. Many AOCs have self-employed or contracted postholders.
First of all, UK is considering allowing Flybe to defer paying tax bill for three years. Even more surprising, given it's not the flag carrier nor state owned!
DeleteAdria was the only national carrier. Which Slovenian AOC holder flies from LJU to international destinations?! Aero4M? Solinair?
First of all, UK is considering allowing Flybe to defer paying tax bill for three years. Even more impressive if you consider Flybe is not a flag carrier nor government owned.
DeleteSecondly, Adria was the only national carrier. I am not aware of any other Slovenian AOC holder flying from LJU to international destinations. Aero4M and Solinair sure aren't.
Considering is the key word here. Slovenian government was also considering a lot of things with Adria, look how that ended up.
DeleteLook at my previous comment carefully, where I said why nobody else operated pax routes before and why they are unlikely to start now.
Well, Slovenian government made it quite clear it had NO intentions of helping privately owned company. Do you imagine the uproar by Slovenes if tax free proposition was put forward by the government?
DeleteUnwillingness to start routes from LJU had nothing to do with monopoly. Name me one Slovenian AOC holder with the right fleet/business model. Aero4M with ERJ-135/ACMI?
The existence of Flybe is in the interest of the British. There are far better connection to some parts of the UK by air compared to the train/car.
Well, it seems I was right. Flybe was saved by the government, Adria was not.
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