Pressured Adria Airways 'temporarily' suspends services

Adria Airways is suspending operations, having become the latest major carrier to run into financial problems. Adria Airways is halting all flights September 24-25, claiming that the measure is “temporary”. All services from Ljubljana, Pristina and Tirana will be halted. The carrier states that it is trying to secure fresh capital to continue flight operations. Adria says that it is “intensively searching” for a financial solution with potential – but unidentified – investors. “The aim of everyone involved is to make Adria Airways fly again,” it says. Adria was acquired by the German fund 4K Invest in 2016 but underwent a change of majority shareholder earlier this year. Adria has a mixed fleet primarily comprising Airbus A319s and Bombardier CRJs, as well as a batch of leased Saab 2000s. <br/>
FlightGlobal
https://www.flightglobal.com/news/articles/pressured-adria-airways-temporarily-suspends-servi-461035/
9/23/19
jp