Adria Airways assets were auctioned off on January 23, 2020. The winner was Izet Rastoder, a European businessman that is also the largest banana importer in Europe. His winning bid was 45,000 Euros.
Previously Izet Rastoder in November 2019 set up a new airline in Slovenia called Air Adriatic.
The Adria Airways brand was not included in the sale.
Adria Airways aircraft photo gallery:
Adria Airways made this announcement:
On Monday, September 30, 2019, Adria Airways filed a motion for bankruptcy proceedings of the company at the Kranj District Court.
Bankruptcy proceedings were initiated by the management of the company because of the company’s insolvency and based on the Slovenian Financial Operations, Insolvency Proceedings, and Compulsory Dissolution Act (ZFPPIPP) which obligates the management of a company in the position of Adria Airways to file for bankruptcy proceedings of the company.
The court has a three-day statutory period within which it shall decide on the opening of bankruptcy proceedings.
The company announces that it will cancel all scheduled flights due to initiation of bankruptcy proceedings.
Adria Airways aircraft photo gallery:
Adria Airways made this announcement:
Adria Airways announces that, as from 23:30 (LT) on September 23, 2019, it will temporarily (on Tuesday, September 24 and Wednesday, September 25) cease majority of its flight operations.
During these two days, the company will maintain a connection to its most important hub in Frankfurt. The airline will operate on Tuesday, September 24, a flight from Frankfurt to Ljubljana and on Wednesday, September 25, a flight from Ljubljana to Frankfurt.
Adria Airways advises its passengers to check who their carrier is before they arrive at the airport and if it is Adria Airways then they should contact sales offices where tickets were purchased.
Company is at this point intensively searching solutions in cooperation with potential investor. Goal of everyone involved is to make Adria Airways fly again according to the schedule and that ceasing of certain operations is indeed temporarily.
The company deeply regrets the situation and apologizes to all its passengers and partners.
Adria Airways aircraft photo gallery:
Adria Airways has announced it has cancelled the lease of 15 Sukhoi Superjet 100s.
Sukhoi issued this statement:
In response to the Adria Airways’ release about cancelling the SSJ100 order for its fleet, the manufacturer of the type of the aircraft states the following:
In November 2018 there was a preliminary agreement achieved about the delivery of 15 aircraft to Adria Airways in 2019. The Agreement was supposed to be transferred to the firm order.
The institutions that were to provide the financing, after consideration the Adria Airways financial report for 2018, recommended SCAC to cancel the deal in order to factor out the losses. The recommendations were accepted and the work was stopped.
The delivery of the aircraft is impossible without the firm order.
Adria Airways issued this statement:
The announced recapitalization of Adria Airways in the amount of 4 million euros is completed. The capital injection of at least 10 million euros is planned for the first quarter of 2019.
The recapitalization of Adria Airways in the amount of 4 million euros is completed. The payment will be intended for further business development and growth of the Slovenian airline.
The capital injection of at least 10 million euros is planned for the first quarter of 2019.
Photo: Adria Airways.
Sukhoi Civil Aircraft Company and Adria Airways have signed a Letter of Intent (LOI) for 15 SSJ100s.
The deliveries are due to start at the beginning of 2019.
Adria Airways today (November 8) started a new route from Paderborn, Germany to Southend. The pictured SAAB 2000 S5-AFJ (ex HB-IZH) operated the first flight.
The new route will operate three days a week.
Top Copyright Photo (all others by Adria): Adria Airways SAAB 2000 S5-AFJ (msn 011) SEN (Keith Burton). Image: 944307.
Adria Airways aircraft slide show:
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Adria Airways has signed an agreement with TAL Aviation in conjunction with commencement of its direct services from its hub, Ljubljana to Bucharest and Sofia at the end of March. TAL Aviation will be acting as the airline’s General Sales Agent (GSA) to provide sales and marketing, amongst other services to support its Bulgarian and Romanian markets.
The airline continued:
Top Copyright Photo (other by Adria Airways): Adria Airways Bombardier CRJ700 (CL-600-2C10) S5-AAY (msn 10080) ZRH (Rolf Wallner). Image: 934568.
Adria Airways aircraft slide show:
Previously on September 26, 2017, Lufthansa’s Supervisory Board approved and announced the rapid growth of its lower-cost Eurowings, especially in Europe:
The Supervisory Board of Deutsche Lufthansa AG approved the rapid expansion of the Eurowings Group at its meeting in September 2017. For this purpose, an investment framework of around EUR 1 billion was approved for the purchase and leasing of aircraft. The funds were used towards obtaining up to 61 aircraft, including 41 Airbus A320 Family aircraft and 20 Bombardier Q400s.
During the summer of 2017, Lufthansa wet leased 20 aircraft operated for Eurowings under the existing wet lease agreement with Airberlin; 15 by acquisition and five more leased with a purchasing option.
The Eurowings Group is expected to require up to 3,000 additional jobs in the cockpit and cabin operations, due to the hiring and intended acquisition of companies of the Air Berlin Group. Job advertisements and staffing have already started.
Carsten Spohr, Chairman of the Executive Board of Deutsche Lufthansa AG: “We now have the great opportunity to take a decisive step forward with Eurowings in Europe. The Supervisory Board and the Executive Board agree that we are determined to seize this opportunity. With the approval of an additional investment framework for the acquisition of aircraft, the necessary preconditions have now been met. For Eurowings, it will be a major challenge to cope with the rapid growth. I am particularly pleased that this will enable us to offer up to 3,000 new employees a secure perspective in the Eurowings Group.”
Above Copyright Photo: Adria Airways Airbus A319-132 S5-AAR (msn 4301) ZRH (Rolf Wallner). Image: 912192.
The airline is growing so fast, it is leasing in aircraft from other airlines to meet the expansion in the first quarter of 2018 following the failure of Airberlin. Adria Airways (above) will operate Airbus A319s from the Cologne/Bonn hub for Eurowings. Czech Airlines will operate its Airbus A319s for Eurowings from Hamburg (below).
Above Copyright Photo: Czech Airlines-CSA Airbus A319-112 OK-MEK (msn 3043) LHR (SPA). Image: 940351.
Air Europa will operate its Boeing 737-800s from Munich and Stuttgart for Eurowings (below).
Above Copyright Photo: Air Europa Boeing 737-85P WL EC-MKL (msn 60585) (30 Anos) ZRH (Andi Hiltl). Image: 940226.
The carrier has already launched a significant amount of new routes in the fourth quarter of 2017 and will continue in early 2018.
Here is the full list of new routes by country: CLICK HERE
Top Copyright Photo (all others by Eurowings): Eurowings (Airberlin) Airbus A320-214 D-ABNI (msn 1717) BSL (Paul Bannwarth). Image: 937576.
Eurowings aircraft slide show:
Eurowings destination Europe:
Adria Airways is set to connect Ljubljana Airport to six new destinations next year. With the summer timetable (from March 25, 2018) Adria Airways will continue flights to the Ukrainian capital Kiev and at the same time connect Slovenia to six new European cities and popular holiday destinations.
In the 2018 summer season it will thus be possible to fly with Adria Airways to Hamburg, Germany’s largest port and “Gateway to the World” (four times a week on Mondays, Thursdays, Fridays and Sundays). Passengers will also be able to fly from Ljubljana Airport to Geneva, the diplomatic, business and scientific centre of the world (three times a week on Mondays, Tuesdays and Thursdays), to Bucharest, a city with the multiple styles of different historical periods (four times a week on Mondays, Tuesdays, Thursdays and Sundays) and to Sofia, a young, dynamic and modern European capital (three times a week on Mondays, Thursdays and Sundays). Adria aircraft will also connect Ljubljana to Dubrovnik in Croatia, the pearl of the Adriatic and filming location for the popular series Game of Thrones (twice a week on Wednesdays and Fridays beginning on 28 April), and to the Croatian island of Brač, famous for its lush greenery and sandy and gravelly beaches (twice a week on Wednesdays and Saturdays beginning on 28 April).
The planned flight schedule is as follows:
Top Copyright Photo: Adria Airways Bombardier CRJ900 (CL-600-2D24) S5-AAV (msn 15284) SEN (Keith Burton). Image: 927966.
