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Old May 27th, 2015, 12:26 AM   #101
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Airways Airbus A319-111 S5-AAX in full Adria livery.




Source :https://twitter.com/just_spotters/st...382274/photo/1
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Old June 1st, 2015, 11:14 AM   #102
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Maribor-London Route Launched


Maribor, 1 June - An Adria Airways Airbus A319 will depart from Maribor Airport Monday afternoon marking the launch of the Slovenian flag carrier's scheduled flights between Slovenia's second largest city and London, and the inception of Maribor as Adria's second domestic hub.


https://english.sta.si/2141078/marib...unched?q=adria
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Old June 2nd, 2015, 08:59 AM   #103
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From June 2015 Adria Airways will begin operations from Maribor, Slovenia. The flight will operate on Monday, Tuesday and Thursdays.





Source: https://www.facebook.com/LondonSouth...type=1&theater
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Old June 2nd, 2015, 09:14 AM   #104
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More photos...










Source: http://www.delo.si/novice/slovenija/...i-londonu.html
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Old June 7th, 2015, 11:45 AM   #105
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Adria records strong Maribor sales


Adria Airways, which launched seasonal flights from Maribor Edvard Rusjan Airport to London Southend this Monday, is satisfied with the route’s performance and will consider exteding the service throughout the winter months by the end of June. The Slovenian carrier has sold over 5.000 tickets on the route so far. The inaugural flight from Slovenia’s second largest city, operated by an Airbus A319, had 105 passengers on board. The airline plans to maintain services three times per week with a mix of A319 and Bombardier CRJ900 jets, although the latter will be more widely used. The airline has said it will be flexible with its equipment and will deploy aircraft based on demand. According to early booking figures, the average cabin load factor on each flight amounts to around 60%. Adria is satisfied with the figure seeing as ticket sales were launched only recently and that the peak of the summer season is yet to come.

The new flights, which mark Adria’s first scheduled service out of Maribor in fifteen years, have naturally generated the greatest interest among Slovenians, however, the flights have also been selling well in Croatia, Austria and the United Kingdom. Services from Maribor could particularly be of interest to travellers across the border from nearby Graz, which is less than an hour’s drive from Maribor. A decision on whether to extend the service on a year-long basis will be made by the end of the month and will be based on ongoing ticket sales. If the flights are performed during the winter as well, Adria will look at adding frequencies on the route during the 2016 summer season.

The CEO of Adria Airways, Mark Anžur, says there is still a real possibility for Maribor to become the airline’s low cost hub, with a single aircraft to be based in the city. This would lead to the launch of new routes. “Flights to Germany are being considered and we see great potential there due to Graz’s close proximity. Even Spanish holiday destinations would be of interest. In the long-term, Maribor would be very appealing to eastern markets because of its short distance from many tourist destinations that would be interesting to Russians”, Mr Anžur said. Unconfirmed reports suggest that Berlin and Barcelona are being considered for next year. Maribor Airport’s Managing Director, Marko Gros, said, “We had to start somewhere so we started with London. We are hoping for an increase in the number of routes”. Maribor Airport handled some 18.000 passengers last year, the majority of which were flown on charter flights. It estimates to handle 35.000 passengers in 2015.


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Old June 23rd, 2015, 03:49 PM   #106
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LOT to launch Ljubljana flights



LOT Polish Airlines will launch services from Warsaw to Ljubljana next March and increase frequencies on its services to Belgrade and Zagreb, which will be temporarily suspended from June 30, 2015 until January 2, 2016. The announcement was made in Warsaw yesterday as the carrier unveiled its future development plans under the slogan “New LOT in new Europe”. The Polish carrier will inaugurate five weekly services between Warsaw and the Slovenian capital on March 1, 2016, increasing to six weekly flights a month later. It will mark the carrier’s return to Ljubljana for the first time in nine years. The airline will compete directly against its Star Alliance partner Adria Airways, which is expected to maintain four weekly flights between the two cities next summer season.

LOT will continue to codeshare on flights between Warsaw and Ljubljana operated by Adria Airways. Adria resumed services between the two cities last March following a three year hiatus. During the nine months until the end of 2014, it handled some 10.000 passengers on the route. LOT’s flights from Ljubljana have been scheduled so as to offer onward connections to both North America and Asia. LOT plans to double the number of passengers it carries to ten million a year by 2020 as part of a strategy to become a regional industry leader. Next year it will launch services to Tokyo, Seoul and Bangkok, complementing its existing long haul flights to New York, Toronto and Chicago.

The Polish carrier has also confirmed it will resume services from Warsaw to both Belgrade and Zagreb on January 2, 2016. The flights will be temporarily suspended from June 30, along with several other European destinations, as part of a final pool of compensatory measures required by the European Commission. However, the airline plans to increase frequencies to both cities next summer season, and will operate flights on a daily basis. The carrier will compete against Air Serbia on the Belgrade route but faces no direct competition on the Zagreb service. LOT codeshares on Air Serbia’s flights between Warsaw and Belgrade, as well as services from Belgrade to Abu Dhabi, Podgorica and Tivat. On the other hand, Air Serbia codeshares on LOT’s services from the Polish capital to Vilnius, Tallinn and Riga. Similarly, Croatia Airlines codeshares on flights from Zagreb to Warsaw and onwards to Frankfurt, Munich and Vienna, while LOT has placed its flight numbers on the Croatian carrier’s services from Zagreb to Split, Dubrovnik, Frankfurt, Munich and Vienna.


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Old June 30th, 2015, 10:41 AM   #107
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Adria considering Lodz expansion



Adria Airways is considering expanding operations from its base in the Polish city of Lodz, as the airline looks to grow outside of Slovenia. Adria currently offers eighteen weekly flights out of the central Polish city, with twelve weekly services to Munich and a further six weekly flights to Amsterdam. In late March, the airline based a 70-seat Bombardier CRJ 700 aircraft in the city and employed local pilots and crew members. “We are very pleased with the performance of Adria’s new routes, especially with Munich”, Lodz Airport's spokeswoman, Ewa Bienkowska, says. Paris is among the new services being considered, according to sources close to the airport.

The CEO of Adria Airways, Mark Anžur, previously noted that the Slovenian carrier will put a greater emphasis on its operations in Poland in the coming period. “The question is, what are the chances for further expansion out of Ljubljana. We should not rush from Ljubljana, I think Lodz has much greater potential at the moment”, Mr Anžur said. He added, “Strategically we want to be a European carrier and not only a Slovenian carrier. We are embracing internationalisation. There are many reasons for this. One of them being that the Slovenian market is very limited. Through this segment of our strategy, we expect a 5% increase in our passenger numbers”.

Apart from Lodz, Adria also boasts a base in Pristina. Furthermore, the carrier has announced plans to station an aircraft in the Albanian capital Tirana next year. “We have a 5% market share in Tirana and we are the third busiest carrier. Albania is fast growing and traffic is mainly focused on Italy. On the other hand, there is also strong growth in traffic between Albania and Germany”, the CEO said. He added, “Next year we plan to base an aircraft in Tirana and have three daily flights to a number of destinations. We are considering at least two new routes. Italy is a very real possibility”. In addition, later this summer, Adria will make a decision on whether to push forward with plans to open a low cost base closer to home, in the Slovenian city of Maribor. Adria, which posted its first annual profit in 2014 following seven consecutive losses, plans to increase its passenger numbers by 20% this year and improve its revenue by 15%. At the same time, the Slovenian government is seeking to sell a 91.6% stake in the carrier.



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Old July 5th, 2015, 10:25 AM   #108
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State invites expressions of interest for Adria



The sale of national flag carrier Adria Airways has entered the next stage, as its privatisation advisor, KPMG, has issued a call for expressions of interest for a 91.6% stake in the company. "Adria Airways is a unique investment opportunity being a European national flag carrier with a global reach and a recognisable brand name", KPMG said as it published the call in the “Finance” business newspaper. Nearly 70% of the company is directly controlled by the state, while the Bank Asset Management Agency holds an almost 20% stake and the Slovenian Sovereign Holding a 2% share. The owners signed an agreement on the joint sale of a combined 91.58% stake at the beginning of January, while KPMG was selected as the financial advisor in the sale in March.

This is the second attempt at selling Adria, after an international call for bids published in August 2012 failed. Back then, the government offered 74.8% of the airline’s shares and interested parties had until September that year to submit non-binding bids. The Assets Management Agency confirmed that ten parties submitted offers but declined to give out their names. The CEO of Adria Airways, Mark Anžur, previously said it would be best to offer the carrier to small airlines or financial investors, as big European players have "problems of their own". During the first half of the year, Adria Airways handled 549.272 passengers, an increase of 15% compared to the same period last year.

POTENTIAL AND NONPOTENTIAL INTEREST


Air India


In 2011, Air India and Adria Airways signed a Memorandum of Understanding which was to see Air India codeshare on Adria’s regional flights, while, in return, the Indian national carrier would have operated some of its services to the United States via the Slovenian capital. Plans were set for flights to be launched either during the 2012 summer season or the 2012/2013 winter season. However, Air India requested lower fuel prices at Ljubljana Jože Pučnik Airport and an exemption from paying fees in order to launch services to the Slovenian capital, all of which were denied. In 2012, the Slovenian government, together with the petrol provider, Ljubljana Airport, Adria and Air India announced their willingness to get back to the negotiating table and discuss possible cooperation. In 2012, India and Slovenia signed a Scheduled Air Services Protocol. On March 2, 2015, Adria and Air India entered a free flow codeshare agreement. The two Star Alliance members currently codeshare on each other’s flights, with Adria adding its code and flight numbers onto Air India’s services between New Delhi and Frankfurt, while the Indian carrier has placed its flight numbers and codes onto Adria’s services between Frankfurt and Ljubljana.

China Southern Airlines

During 2013, China Southern Airlines was said to have been close to purchasing shares in both Adria and Ljubljana Airport, which was ultimately sold to Germany’s Fraport last year. The Chinese carrier was also interested in purchasing Adria’s Flight Academy, as the Asian carrier trains up to 3.900 pilots per year. At the time, the Managing Director of Ljubljana Airport, Zmago Skobir, said, “Big European airlines have no interest in small markets such as Slovenia but perspective and growing Asian airlines do. Ljubljana Airport and Adria could operate soundly if a deal is reached with the Chinese airline and traffic would grow”. However, Mr Skobir warned that a potential difficulty to the deal could surface in the form of political problems between China and the European Union.

Intro Aviation

German based Intro Aviation is believed to have had put in the strongest bid during Adria’s last privatisation attempt in 2012. Intro Aviation is a consultancy firm which has turned around several loss making airlines, including NFD (presently known as Eurowings) as well as dBa and LTU International Airlines, which have since been integrated into Air Berlin. It is believed that Intro Aviation would weave its magic again and build up Adria which would then be handed over to Air Berlin, Germany’s second largest airline.

Qatar Airways


Slovenian President Borut Pahor urged Qatar Airways to purchase a stake in the carrier in January, following talks with the Emir of Qatar, Sheikh Tamim bin Hamad al-Thani. Slovenia’s former President, Danilo Turk, initially proposed for Qatar Airways to invest in Adria back in 2009. A year later the CEO of the Qatari carrier, Akbar Al Baker, ruled out a possible acquisition following talks with Adria’s management, noting that Qatar will instead focus on organic growth. However, last year, Mr Baker said the airline is again pursuing acquisitions in foreign airlines.

Royal Jordanian Airlines


In 2014, Adria and Royal Jordanian Airlines signed a cooperation agreement under which the Slovenian carrier provides connecting flights to passengers between Ljubljana and Amman via Amsterdam, Frankfurt, Istanbul, Munich, Paris, Vienna and Zurich. In 2008, Jordanian was one of three companies to submit a bid for a 49% stake in B&H Airlines. The airline’s bid was ranked second with a mark of 32.2 out of 100, behind Turkish Airlines which subsequently won the tender procedure.

Turkish Airlines


In 2014, Turkish Airlines ruled out any interest in acquiring stakes in carriers in the former Yugoslavia following its experience with B&H Airlines several years ago. Mehmet Baspinar, Turkish Airlines’ Vice President for Marketing and Sales in Eastern Europe and the Balkans, said at the time that strict European Union laws and regulations, which are enforced across the region, forbid the Turkish carrier from becoming a majority shareholder. As a result, it cannot effectively enforce its strategy, as was the case with B&H Airlines.


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Old July 11th, 2015, 10:29 AM   #109
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Ljubljana Airport records strong growth


Ljubljana Jože Pučnik Airport has recorded strong double digit passenger growth in June and handled over 600.000 travellers during the first half of the year. Ljubljana Airport, which is owned by Germany’s Fraport, welcomed 149.541 passengers last month, up a notable 17% compared to June 2014. Growth was driven by a considerable increase in the number of operated flights. Slovenia’s busiest airport registered 3.331 aircraft movements, an improvement of 10.8%. This summer, Ljubljana Airport offers 160 scheduled flights per week to 27 destinations operated by nine carriers. Contributing to the passenger growth this summer season is Swiss International Air Lines, which inaugurated services to the Slovenian capital in late March, as well as Adria which launched new flights to Berlin and Stockholm. Furthermore, Turkish Airlines boosted its operations with an additional three weekly flights for a total of ten services, while Finnair resumed its seasonal route from Helsinki with four weekly rotations.

During the first half of the year, Jože Pučnik Airport welcomed 626.525 passengers through its doors, an increase of 9.7% compared to the same period in 2014. During the six-month period, the number of flight operations totalled 15.511, up 0.4%. “We expect the growth in traffic to continue over the summer”, the airport said in a statement. A total of ten airlines will operate charter flights from Ljubljana this summer to 24 holiday destinations. Flights to the Greek islands are still among the most popular routes, with Adria holding the largest share of charter operations. Late last month, LOT Polish Airlines announced it would launch six weekly services from Warsaw to Ljubljana in March next year, becoming the second carrier to serve the route in addition to Adria.


Meanwhile, Ljubljana Airport’s management has called on the Slovenian government to update its spatial plan for the airport as soon as possible, warning that its development is no longer possible and is being hampered by state regulations. The biggest obstacle for the development of the airport is the regional road between Kranj and Mengeš, which should be relocated. The airport’s management believes it will take several years before the spatial plan is revised. Fraport has previously said it intends on developing both passenger and cargo traffic at the airport and will act as a long-term investor who is not looking for short term benefits. Fraport is currently drafting a medium-term strategy to improve traffic flow at Ljubljana Airport.


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Old July 26th, 2015, 10:18 AM   #110
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Star Alliance headlines Ljubljana growth


Turkish Airlines has maintained its position as the busiest foreign carrier operating flights to and from Ljubljana Jože Pučnik Airport. According to the “Sierra 5” portal, the Star Alliance member carried over 40.000 passengers on its flights from Istanbul’s Ataturk Airport to Ljubljana during the first half of the year, an increase of 15% compared to the same period in 2014. The average cabin load factor stood at just over 70%. The Turkish national carrier inaugurated flights to Ljubljana in January 2006, initially running three weekly services on the route with a Boeing 737-800 aircraft. Over the last five years it has carried over 300.000 passengers between the two cities. This summer, the airline boosted its operations to the Slovenian capital from seven to ten weekly flights. As EX-YU Aviation News learns, the Turkish carrier is considering boosting its services to twelve weekly flights next summer.

Swiss International Air Lines, which launched daily flights from Zurich to Ljubljana this summer season will maintain services to the Slovenian capital throughout the winter as well, although flights will be reduced to four per week. The airline is satisfied with its performance on the route so far. Swiss spokeswoman, Karin Muller, told EX-YU Aviation News, “The former Yugoslav market is very interesting for Swiss, as there is a big community from the Balkan area living in Switzerland. Therefore, there is a high demand for flights to these countries”. Next year, another Star Alliance member will launch services to Ljubljana. LOT Polish Airlines will inaugurate six weekly flights from Warsaw on March 1. Some 12.000 passengers are expected to use the service in its first year.

Following a slow start to 2015, Jože Pučnik Airport has seen its numbers bounce over the past three months, with double digit passenger growth recorded. During the first half of the year, Slovenia’s busiest airport handled 626.525 travellers, an increase of 9.7% compared to the same period in 2014. During the six-month period, the number of flight operations totalled 15.511, up 0.4%. Adria remains the airport’s busiest airline. “The goal is to make Ljubljana the leading airport in this part of Europe - in terms of attractiveness, hospitality, and the quality of service for our customers”, the airport’s Managing Director, Zmago Skobir, said. Anke Giesen, the Chief Operating Officer of the Frankfurt-based global airport management company Fraport, which runs Ljubljana Airport, noted, “We are convinced of the great potential of Ljubljana. Our unique partnership with Ljubljana Airport is a win-win situation for travellers, tourism and for the Slovenian economy overall”.


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Old July 26th, 2015, 10:59 AM   #111
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PM Medvedev Visiting for Memorial Ceremony, Cooperation Talks

Kranjska Gora, 26 July - Russian PM Dmitry Medvedev will officially start a working visit to Slovenia on Sunday, during which he will attend the annual high-level WWI memorial ceremony below the Vršič mountain pass and meet top Slovenian officials as part of efforts to boost cooperation.

The Russians came with two planes ilyushin IL-96-300PU (RA-96020 and RA-96018) to Ljubljana airport.




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http://www.siol.net/avtomoto/novice/...ev_letalo.aspx
https://english.sta.si/2159741/pm-me...peration-talks
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Old August 4th, 2015, 07:34 PM   #112
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Ljubljana Airport reduces carbon footprint

Ljubljana Jože Pučnik Airport has continued to reduce the environmental impact of its activities by implementing measures aimed at reducing its carbon footprint, for which it was awarded a Level 2 Airport Carbon Accreditation several days ago. Ljubljana Airport has been reducing its greenhouse gas emissions since 2013.

Two years ago, it successfully measured its carbon footprint for the first time and was awarded Level 1 Airport Carbon Accreditation (ACA). When measuring its CO2 footprint in 2012, the biggest contributors were found to be electricity consumption (61.6%), heating (19.4%), commuting (9.4%) and the company's vehicle fleet (9.3%), whereas work-related travel (0.3%) and generators (0.1%) featured at the other end of the scale. Through various small-scale measures carried out in 2013, Ljubljana Airport succeeded in reducing its carbon footprint by six tonnes (1%), meaning it was able to renew its Level 1 ACA. By significantly reducing its CO2 emissions, most notably through the gasification of its heating system in December 2013, Ljubljana Airport was awarded a Level 2 ACA this year. In 2014, it had reduced its absolute carbon footprint value by 488 tonnes, down nearly 11% from the 2012 figure. In the heating segment, this reduction amounted to 44%. In the same period, the relative carbon footprint value (taking account of the number of passengers) fell from 3.8 kg to 3 kg of CO2 produced per passenger.

The 2014 carbon footprint measurements showed that in terms of individual sources of emissions, the biggest contributors are again electricity consumption (66.9%), heating (11.6%), commuting (11%) and the company's vehicle fleet (10.1%). Work-related travel (0.3%) and generators (0.1%) feature at the other end of the scale. Ljubljana Airport’s environmental policy aims to achieve carbon neutrality by 2020 and defines the transition to a low carbon society as one of its strategic environmental goals.

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Old August 7th, 2015, 05:29 PM   #113
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Adria to introduce in-flight entertainment options


The CEO of Adria Airways, Mark Anžur, says the airline will roll out a new multimedia channel called “In Flight Entertainment”, which will be available across the carrier’s fleet. “Using this new system, passengers will have a simple way to access important information about individual flights and general tips on air travel. The channel will also give access to a wide variety of entertainment options. At the same time, the system will enable more interaction between passengers and the company”, Mr Anžur says. According to the CEO, the latest innovation, which will be introduced “in the near future”, will offer high-quality content on board the aircraft and is in step with the times.

Further details of Adria’s new service are yet to be revealed. Over the past year the airline has transformed into a hybrid low cost / full fare airline, offering cheap tickets in economy class and a pay-on board menu, while at the same time maintaining a business class product for those willing to pay extra for additional services. The airline now also offers low cost car park options at Ljubljana Jože Pučnik Airport, first minute and last minute fares and encourages frequent flyers to register an online profile where they receive personally tailored offers and notifications on special fares. Mr Anžur says the new approach has proven successful for the airline. “We are pleased to see that our business model, where we are consolidating our position as a network carrier with good connections to many destinations around the world and high-quality services, is being complemented by a model that gives passengers the opportunity to choose really low fares under a range of conditions. Our new approach to online sales with attractive prices has taken off quickly and continues to grow”, Mr. Anžur says.

During the first half of the year Adria handled 549.272 passengers, an increase of 15% compared to the same period in 2014. Adria welcomed 470.397 travellers on scheduled services, up 13%, and a further 78.875 travellers on charter flights, an increase of 27%. The airline, which has an extensive charter network to Greece, says it has not been impacted by the recent financial uncertainty in the country. “This shows passengers trust us and enjoy flying with us”, Mr Anžur says. Last year, Adria carried 1.113 million passengers and managed to emerge from the red. Its net profit topped 921.000 euros, with a net operating profit of three million euros.


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Old August 30th, 2015, 09:14 PM   #114
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Strong interest in Adria stake

The second privatisation attempt of Slovenia's national airline is said to have generated significant interest from potential investors, as the government seeks to sell its majority stake in the carrier. A public call for the expression of interest for a 91.58% share in the airline was published in July. Sources close to the privatisation process say the sale could be completed "in a matter of weeks" with investment funds showing the strongest interest in the carrier, which turned its first profit in seven years in 2014. The state is looking for a swift sale in order for Adria to avoid liquidity issues, which arise at the airline each winter as business slows. During the 2014/15 winter season, the carrier took out a bridging loan in order to stay afloat and concluded a sale and leaseback arrangement for two of its Bombardier CRJ900 aircraft in order to boost liquidity.

Binding offers for the majority stake are expected to be submitted no later than mid-September. However, the Slovenian Sovereign Holding, which oversees the privatisation of state-owned companies, says, “As part of the sales procedure, the financial advisor has contacted the widest possible range of potential investors from around the world. The sale of each company varies and we will not comment on a timeframe when it might be completed”. The CEO of Adria Airways, Mark Anžur, previously said it would be best to offer the carrier to small airlines or financial investors, as big European players have "problems of their own".

Adria handled 1.112.857 passengers in 2014, an increase of 8% compared to the year before, and recorded a profit of 921.123 euros. The airline carried over its distributable profit from 2014, which amounted to 895.000 euros, into accumulated earnings, in a decision taken at a shareholders' meeting this Tuesday. Adria is said to be in need of six to ten million euros in additional funds in order to expand its business, which is why the government is eager to sell its stake in the carrier as soon as possible.


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Old September 8th, 2015, 10:10 AM   #115
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Ljubljana grow


Ljubljana Airport registered its busiest August on record and its second busiest month in history following July 2008. The airport saw 199.219 travellers pass through its doors this August, a notable increase of 22.3%. The number of passengers arriving and departing on scheduled flights grew an impressive 32%. During the first eight months of the year, Ljubljana recorded a 13% increase in passenger numbers, handling 997.51 travellers. Of those, 106.798 flew on charter flights, which is on par with last year's figures but slightly lower than expected, primarily due to the cancellation of flights to Tunisia as a result of safety concerns. The number of operated flights in 2015 increased 2%. The airport's busiest day this year was August 23 when 6.960 passengers used its services. On September 2, Ljubljana welcomed its one-millionth traveller of the year, 23 days ahead of 2014. This summer also saw the overhaul of part of the airport's apron. The asphalt carriageway, built in 1975, was replaced on July 13 with a new concrete surface covering an area of 780 square metres. The ground signalling system was also upgraded.


LJUBLJANA AIRPORT


Month PAX Change (%)
JAN 73.096 ▼ 2.9
FEB 72.265 ▼ 3.8
MAR 90.902 ▲ 5.3
APR 112.310 ▲ 13.3
MAY 128.411 ▲ 19.6
JUN 149.541 ▲ 17.0
JUL 171.770 ▲ 16.2
AUG 199.219 ▲ 22.3


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Old September 20th, 2015, 10:17 AM   #116
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State aware of "Adria's liquidity issues"



The Slovenian Ministry of Finance has said it is aware of ongoing liquidity issues at Adria Airways, with local media reporting the airline is facing its biggest challenge since 2011, when it successfully negotiated a cash injection with stakeholders, banks and business partners in order to continue operating. At the time, the airline said that "the funds represent the basis for a serious and fundamental restructuring of the company". However, similar problems have arisen once again, as the state looks to sell a majority stake in the carrier. In a statement, the Ministry said, "The Ministry is aware of the liquidity problems at Adria Airways. The company cannot be granted state aid to tackle its liquidity issues for another ten years since it has already received restructuring aid".

Adria Airways benefitted from three public capital injections in 2007, 2009 and 2010, amounting to around 15.2 million euros. Furthermore, in 2011 it received fifty million euros worth of state aid. Last year, the European Commission concluded that the aid was compatible with its 2004 guidelines on state aid for the rescue and restructuring of companies in difficulty. In 2014, Adria posted its first net profit in seven years, amounting to 921.123 euros. During the 2014/15 winter season, the carrier took out a bridging loan in order to stay afloat and concluded a sale and leaseback arrangement for two of its Bombardier CRJ900 aircraft in order to boost liquidity. However, auditor KPMG has warned that profitability was achieved thanks to the sale and leasebacks. Furthermore, the auditor highlighted that the Slovenian carrier generated a loss of 5.3 million euros during the first four months of this year. Adria's management board has already voted to replace KPMG with Deloitte as its auditor for the review of this year's results.

Adria has rebuffed claims it is facing financial problems. While it admits that the carrier is "in need of fresh funds as winter remains a problem due to weaker performance", it added it has "no problems with liquidity". However, Adria has called on the state to do more to create a better business environment within the Slovenian aviation industry. The carrier says that relevant ministries should deal with high handling and landing fees as well as high fuel prices in the country. "The business environment has become an excessive burden on the industry and the development of air transport in Slovenia, because it is uncompetitive", Adria says, adding that it holds regular meetings with relevant stakeholders in order to resolve these issues. The Slovenian carrier is in the midst of a privatisation process with the government offering a 91.58% share in the airline. A public call for the expression of interest was published in July, while a call for binding offers is expected by the end of the month.


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Old October 1st, 2015, 09:27 PM   #117
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Adria to end CRJ200 operations


Adria Airways will end operations with its Bombardier CRJ200 jet within the next six months, seventeen years after initially introducing the aircraft type to its fleet. The airline began phasing out its four CRJ200s in late 2013. Some of the aircraft have been sold, while some have been scrapped. Its sole remaining 48-seat jet is the only aircraft Adria actually owns. All other members of its fleet are on lease. The last CRJ200 flight is set to operate during the first quarter of 2016. "The CRJ200s are only suitable for the development of new routes. Our strategy is to operate larger aircraft and fewer frequencies. This way we can offer cheaper prices”, Adria Airways' CEO, Mark Anžur, said recently.

Adria has replaced its gas guzzling CRJ200s with the larger and more efficient -700 and -900 series. CRJ200s cost 10% more per available seat kilometre than seventy-seat jets in comparable age profiles. Volatile fuel prices add to the economic challenge because the 50-seater has higher relative fuel consumption compared to larger jets. Furthermore, fixed operating costs for the -200 series, such as dispatch, flight planning, navigation, and pilot costs must be distributed over fewer seats, making these smaller jets more expensive to fly. Furthermore, analysis has found that the operating costs for the CRJ200 rise disproportionately as the aircraft ages. Adria plans to boast a fleet of sixteen Bombardiers and Airbuses by 2020. However, the carrier's CEO says the exact type of aircraft to be operated will depend on the carrier's destination network. The airline has been a long time Bombardier customer, ordering its first aircraft from the Canadian plane manufacturer back in 1997. Adria Tehnika, which was once a subsidiary of the Slovenian carrier but is now an independent company, serves as the regional Bombardier maintenance centre. A unified fleet structure is one of the key components of the carrier’s new full fare – low cost hybrid business model.

Adria opted for the CRJ200s in 1997 in order to replace its ageing DC-9s and Dash 7s. The last remaining CRJ200 in Adria's fleet, registered S5-AAG, was initially planned to operate special charters during its remaining months with the airline. However, the aircraft has been utilised on scheduled routes from Ljubljana to Berlin, Zurich, Stockholm, Podgorica, Prague and others over the past few weeks. The aircraft, which features the Star Alliance livery, will turn sixteen next year. It was delivered new to Adria and entered into service in March 2000. Last winter, the airline phased out its last Airbus A320 as well, although the jet made a short comeback during this year's summer season as the carrier wet-leased the jet. It has since been returned to its owner


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Old October 4th, 2015, 11:22 AM   #118
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Aegean plans Ljubljana service in 2016



The Managing Director of Ljubljana Jože Pučnik Airport, Zmago Skobir, has said that Greece's Aegean Airlines plans to introduce flights to the Slovenian capital next summer season. The comments were made at the recent panel discussion on the future of the Slovenian aviation industry, hosted by the "Finance" daily. Mr Skobir notes that Aegean intends to operate up to three flights per week from Athens to Ljubljana. The Star Alliance member has a limited presence in Slovenia and has maintained only seasonal summer charters from Greek holiday hotspots to Maribor over the past few years. The airline is expected to serve Ljubljana with its Airbus A320-family aircraft, Mr Skobir notes.

Aegean Airlines itself is yet to confirm the new route. Its Public Relations and Press Director, Stavroula Saloutsi, tells EX-YU Aviation News that, "More specific information will be available at the end of October". However, in August, Aegean confirmed its interest in Ljubljana as a potential new destination. “Aegean is considering increasing frequencies on existing routes, as well as adding further destinations in the former Yugoslav region”, it said. The airline has already added an additional weekly flight to its seasonal route from Athens to Dubrovnik next summer, for a total of six weekly services. On the another hand, it will boost capacity to Belgrade by upgrading the service from a Dash 8 turboprop to the A320 on four out of five of its weekly flights.

Aegean Airlines will become the only carrier to offer nonstop flights between Athens and Ljubljana. Both Adria Airways and Aegean Airlines codeshare on Air Serbia flights between Athens and Belgrade, as well as Belgrade and Ljubljana. In addition, Aegean placed its flight number and designator code on Air Serbia's services from Belgrade to Sarajevo, Zagreb, Dubrovnik and Split earlier this year. Aegean told EX-YU Aviation News it was "satisfied" with its cooperation with the Serbian carrier. Furthermore, the airline is likely to attract a number of Slovenian holidaymakers during the summer months who will transit via Athens to Greek holiday hotspots. With hubs in Athens and Larnaca, Aegean has been expanding rapidly, adding an impressive 38 new routes this summer alone. Meanwhile, another Star Alliance member, Poland's LOT, will introduce services from Warsaw to Ljubljana starting March 1, 2016



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Old October 5th, 2015, 10:50 AM   #119
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Intro Aviation considering Adria acquisition


The German-based specialist turnaround consultant, Intro Aviation, is believed to have put in a bid to acquire a 91.58% stake in Adria Airways, EX-YU Aviation News learns. It is the second time the company has been eyeing shares in the Slovenian carrier, as Intro Aviation is said to have placed one of the strongest bids for the airline during its first, failed, privatisation attempt three years ago. Intro Aviation is a consultancy firm which has turned around several loss making carriers, including NFD (presently known as Eurowings), as well as dBa and LTU International Airlines, which have since been integrated into Air Berlin. Its latest acquisition includes the Air France subsidiary CityJet. The company specialises in buying airlines, improving their finances and business and then selling them.

Adria Airways' CEO, Mark Anžur, says the deadline for the submission of binding bids for a majority stake in Adria has passed, adding that the sale should be finalised "in a few months". "Some offers have been received but I do not know much about them. Everything will come down to negotiations with potential investors", Mr Anžur says. Adria's CEO previously noted it would be best to offer the carrier to small airlines or financial investors, as big European players have "problems of their own". The Slovenian Sovereign Holding, which oversees the privatisation of state-owned assets, says, “As part of the sales procedure, the financial advisor has contacted the widest possible range of potential investors from around the world. The sale of each company varies and we will not comment on a timeframe when the acquisition might be completed”.

Adria faces a difficult winter ahead as it deals with liquidity issues during the slow months. Mr Anžur says the carrier will persevere by taking out additional loans and selling property. "For us it is nothing new", the CEO notes. During the first eight months, Adria recorded a 16% increase in passenger numbers compared to the same period last year. A 10% rise in passengers was recorded at its main hub in Ljubljana. However, Mr Anžur says that the autumn period will determine the carrier's annual financial performance. The Slovenian Ministry of Finance recently said it was aware of liquidity problems at Adria. However, while the airline admits it is "in need of fresh funds as winter remains a problem due to a weaker performance", it added it has "no problems with liquidity".


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Old October 10th, 2015, 10:20 AM   #120
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Winter 2015/16
Adria Airways


The 2015/16 winter season begins on Sunday October 25, with Adria Airways set to make some changes to its network. Following years of cutbacks, the number of frequencies on most services out of its main hub in Ljubljana remain unchanged compared to last year. However, the airline will not maintain two new routes it launched this summer. They include the Ljubljana - Stockholm service, as well as its Tirana - Paris flights. Instead, the carrier will add another two weekly flights to Paris from the Slovenian capital for a total of four weekly services, restoring frequencies to the same levels as in winter 2013/14. It will also add an additional weekly flight between Ljubljana and Tirana. The new route from Ljubljana to Berlin, launched this summer, will continue to operate during the winter three times per week.

Adria Airways will maintain the same schedule from its Pristina base when compared to last winter, while an additional weekly service will be added between Tirana and Frankfurt. The new Lodz - Amsterdam route, launched this summer, remains in place throughout the winter months as well, while flights from the Polish city to Munich will almost double. The latter is codeshared by Lufthansa. In February, Adria plans to retire its last Bombardier CRJ200 aircraft. Munich becomes the airline's most frequented destination, with a total of 29 weekly flights from Ljubljana, Pristina and Lodz.

The 2015/16 winter season runs until March 26, 2016. Please note that the changes listed below are preliminary and based on current availability in the Global Distribution System (GDS). Furthermore, the table below displays the peak weekly frequency on each route during the course of the winter season. EX-YU Aviation News will be bringing you winter season changes for each national carrier in the former Yugoslavia over the coming weeks.


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