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Sep 23, 2019 (newstodate): Slovenia's Adria Airways is left on its own to fight for survival.
Before the weekend, the privately-owned airline's two leased CRJ900 aircraft were arrested due to unpaid bills and doubts about their technical conditions, and sources claim that even a third aircraft has since also been confiscated.
The airline has long been flying in dire straits, and the Slovenian government has flatly refused to throw in capital to its rescue.
From May 1, 2019, new CEO at the Slovenian carrier Adria Airways is Sven Kukemelk, who as late as May 2019 aired his lofty ambitions that over the coming years the airline should more than double its fleet, and build a strategy of turning Ljubljana Joze Pucnik Airport into a transfer point between the Balkans and Western Europe.
Mr Kukemelk's plan built on the expectation of increasing the fleet over a 10-year period to some 40-50 aircraft, compared to the current fleet comprising leased aircraft of four different types including three Airbus A319, two CRJ700, two CRJ900 and six SAAB 340 aircraft based in Ljubljana and Lugano.
Adria Airways has been up against the wall after deeply red figures in 2017 and 2018 and was saved only by the German owner of the carrier, the German 4K Invest's re-capitalization of the company on the Slovenian CAA's ultimate request.