Slovenian carrier Adria Airways records strong passenger growth

Adria Airways carried 1,045,442 passengers on scheduled flights in 2015, representing an increase of 14% compared to the year before, the company said. It operated a total of 17,931 flights, up 8.3% year-on-year. However, the average cabin load factor declined from 70.5% in 2014 to 68% last year. The carrier says it used larger aircraft in a bid to cut costs, which resulted in the 2 point decline in occupancy. Adria hasn't published its financial results, although it is believed to have recorded a net loss of E5m. The airline saw revenue drop by 75% on its Moscow service over the past 2 years. Adria also experienced problems with its Zurich flights after SWISS launched services to the Slovenian capital. However, Swiss suspended its Ljubljana flights this January, with Adria retaining a monopoly on the route. <br/>
Balkans News
http://www.balkans.com/open-news.php?uniquenumber=210846
2/22/16
jp