Adria Airways in Peril

Adria Airways, the flag carrier of Slovenia, may collapse in the near future. The airline’s mounting financial woes have disrupted its operations, forcing the cancellation of numerous flights.

Sensing that its demise is imminent, several foreign carriers have added capacity to Ljubljana’s Jože Pučnik Airport, the primary base for Adria’s operations. Aeroflot Russian Airlines, Air France, and LOT Polish Airlines have boosted their presence on routes linking Ljubljana with Moscow–Sheremetyevo, Paris–Charles de Gaulle, and Warsaw–Chopin, respectively.

The airline was privatized in 2016 when 4K Invest, a Luxembourgish restructuring fund, took a controlling stake. Since then, Slovenia’s prime minister, Marjan Šarec, has referred to the company as a “bad example of privatization.” Last November, the company received an infusion of approximately $4.5 million USD from 4K Invest to help it stabilize.

Fleet data from mba’s REDBOOK reveals that the airline’s current fleet includes nineteen aircraft.

Source: Simple Flying