Two years on since Adria Airways collapse


Today marks two years since Slovenia’s former flag carrier Adria Airways filed for bankruptcy. Two years on, the global aviation landscape has completely changed due to the devastating impact the coronavirus pandemic has had on the industry, serving a double blow to the Slovenian market, which has been hit by both Adria’s collapse and the health emergency. Following Adria’s bankruptcy, Ljubljana Airport lost considerable connectivity, routes and a steady stream of transfer passengers. Today, Ljubljana is handling just 17% of its 2019 traffic levels. Adria’s bankruptcy procedure, which aims to raise funds in order to cover over 87 million euros in claims being sought from the failed airline, is expected to run until 2024. The Slovenian Deputy Prime Minister and Minister for Economic Development and Technology, Zdravko Počivalšek, said last month the government was looking at ways to replace former national carrier. “If we want to have better air connectivity in Slovenia, we will have to do something in this sector and find a way forward to enable progress, in cooperation with a private stakeholder. Currently, we do not have a national carrier, and air traffic is severely affected by the pandemic”, Mr Počivalšek said. The Deputy Prime Minister noted it was impossible to rescue Adria Airways in 2019. “Adria was sold by someone: the responsible person or government, some say the Minister for Economy, who, however, had nothing to do with it. It was sold to a company that provided just 20.000 euros in initial capital. We need to check how and why this was done. However, the fact of the matter is that when we got involved in rescuing Adria, we found the financial situation was so dire, we failed in our attempts to save it. It had enormous debt of over 100 million euros”, Mr Počivalšek noted.

An investigation against the former German owners and management of Adria Airways is ongoing. They are suspected of financial misdeeds that allegedly led to the Slovenian flag carrier’s collapse. Those named as suspects are former Adria Airways CEO Arno Schuster, who managed the airline between 2016 and 2018, Adria Airways' last CEO Holger Kowarsch , the company’s Financial Advisor between March 2016 and December 2017, Klaus Platzer, as well as Eggo Laukamp, who was the airline’s Procurement Manager between 2014 and 2018. The prosecution has found evidence that the four of them illegally obtained funds by financially depleting Adria.


  1. Anonymous13:47

    Two years and still nothing has been done to improve LJU connectivity.

  2. Anonymous15:58

    Such a sad story, once national proud on the end they killed her. Adria was much older than Slovenia it self :( all we can say for now is #ADRIA4EVER

  3. Ex Adria pilots now support Lauda working on subpar contracts, and thus enabling it as the cheapest of all 5 RYR AOCs. So instead of Boeing RYR went with Lauda and Airbus to base in ZAG, and screw over all Croatian B737 pilots who would like to be based at home. Thank you colleagues!

    1. People work. Unions negotiate. Companies make money. Managers manage companies.
      And above all, market decides upon prices, availability etc. Countries have jurisdictions on taxes, minimal and eventually maximal wages, security…

      So just cool down. Because even OU staff can change employer at any given moment.

    2. Anonymous06:59

      Exactly, and where else could they go, on the other side of the planet. And all that went work for lauda are on palma de malorca or were in vien. And belive me if OU would case operations those crew memebers would do the same so just chill down about adria pilots.

    3. Anonymous09:43

      It easy for a person with full belly to preach a man who is fighting for food.
      If they would have an option to work at home they would.

      Your logic could also be applied to Croatia's constant lobbying Slovenian government to finances Croatia's base in Ljubljana instead of building national airline. So you kind of shoot yourself in the foot do to greed.

      You fail to understand that

      Fall of Adria had a direct effect on Slovenia home market. But indirectly it also affected Croatia market as well.

      In the past in high season Adria came in to pick up some of the Croatia's unserved market. Because of that there was no entry posobility for RYN.

      Now with Adria gone RYN did enter into Croatian market to fill the void.


    5. The fact that you work for RYR doesnt give you any right of blaming them. They were jobless and they accepted Lauda’s offer. Your crying makes no sense, what has that to do with Croatian 737 pilots. So stop behaving like a child and go do your 4 sectors. Hope they place those 737s in ZAG soon. Ciaos!

    6. There’s more than enough of Croatian and Slovenian pilots in RYR working around Europe to fill all the needs of a 737 base in ZAG. 4 sectors? Piece of cake. Ask our CTN DHC8 colleagues to tell you about their 5-6 sector days. I like how you prima donnas think.

  4. Anonymous09:06

    Miss you Adria. Loved to fly with them from Brussels to Prishtina<3

    1. Anonymous10:17

      Miss you Adria for my favorite route PRN - LJU each weekend <3, I Miss Ljubljana, Kranj, Bled but mostly the time on CRJ.


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