Pipistrel Bids for Adria Airways' Flight School

By , 13 Nov 2019, 10:07 AM Business
Pipistrel Bids for Adria Airways' Flight School www.pipistrel-aircraft.com

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STA, 12 November 2019 - The ultralight electric aircraft maker Pipistrel confirmed on Tuesday that it had submitted a bid for the Adria Airways flight school, which is part of the bankruptcy estate of the former flag carrier. Pipistrel is bidding for the school as a whole, including all its assets, brand and licence.

A day after the call for bids for Adria assets came to a conclusion, Pipistrel owner Ivo Boscarol told the STA that the company wanted to keep the pilot school at Brnik airport and also expand it to Maribor airport.

"Pipistrel already has its own aviation academy but we would like to upgrade it with Adria's and merge them," said Boscarol.

The plan is to move Pipistrel's aviation academy, now based in Ajdovščina, to Brnik and in part to Maribor airport, with the latter being very suitable for pilot training, both at the beginners' level as well as advanced, according to Boscarol.

He said that Pipistrel had decided to bid because Adria's flight school had a very good reputation. "The Adria brand stood for high-quality training and we want it to stay in Slovenian hands," he said.

The merger with Pipistrel's aviation academy would also benefit the Adria flight school, which would get an on-line academy, allowing advanced training to pilots for large aircraft.

Moreover, some of Adria's students have already switched to Pipistrel after the receivership was launched in late September, and so did some of the Adria instructors, he added.

Adria Airways receiver Janez Pustatičnik announced today that five bids came in for the flag carrier's estate. He also said that he would meet with potential buyers on Thursday and Friday and that one bidder was from abroad.

According to public broadcaster TV Slovenija, bids have also been submitted by another two Slovenian entrepreneurs.

Joc Pečečnik, who owns a gaming products maker, has submitted a bid for the entire estate in cooperation with a partner from abroad.

The business newspaper Finance meanwhile said that Pečenik's plan was to build a new Adria with the help of the carrier's former CEO Mark Anžur.

Meanwhile, produce importer and real estate developer Izet Rastoder is bidding for the carrier's air operator's certificate (AOC), the licence that permits commercial flying.

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