Adria Collapse: Slovenian Officials in Discussions with Lufthansa

By , 16 Oct 2019, 12:30 PM Business
Adria Collapse: Slovenian Officials in Discussions with Lufthansa maxpixel CC-by-0

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STA, 15 October 2019 - Economy Ministry State Secretary Eva Štravs Podlogar, accompanied by the top executives of Slovenia's bad bank, met with representatives of Lufthansa in Frankfurt to analyse the aviation market in the wake of the receivership of the German-owned Slovenian flag carrier Adria Airways, the Economy Ministry said on Tuesday.

The ministry said the visit by Štravs Podlogar and by Bank Assets Management Company (BAMC) CEO Matej Pirc and the chairman of BAMC's board of directors Tomaž Besek was part of the market analysis.

It added that any potential decisions on the part of the government would also need to consider the plans of Lufthansa, which has already established a few new links with the Ljubljana airport through its subsidiaries.

No detailed information about the outcome of today's meeting with the representatives of the Germany airline that was Adria's key partner is expected before Thursday.

Štravs Podlogar, who is in Frankfurt as part of the Frankfurt Book Fair, said in parliament last Friday that the ministry was examining legal and organisational alternatives that would help fill the void created by Adria's bankruptcy. She said talks with different stakeholders were under way.

The efforts also include BAMC representatives, who have already provided explanations regarding the implications of a potential decision to set up a state airline company.

Another alternative, a bill that would allow the government to subsidise air links vital to Slovenia, was defeated by the parliamentary Infrastructure Committee last Thursday.

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