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Thread: Any experiences with Adria Airlines? [op suspended 24SEP2019]
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Old Sep 30, 2019 | 11:06 am
  #102  
yurtripper
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Originally Posted by hugolover
Yeah sure. I am sure Slovenian's want flights to places that they want to go and they can afford than a small airline that does perhaps neither. Tiny countries have to accept their situation, they can't have it both ways.

Wasn't there some weird German holding company behind JP?
Yes, 4K Invest. SDH (the state investment firm) flogged JP off to them in 2016. Whatever equipment they owned (rather than leased) was sold at the same time, IIRC.

Apparently, this DE outfit was 'one of the leading business turnaround specialists in Europe'. Obviously not good enough to turn around JP, it seems.

Adria managed to get into Bloomberg's Worst 10 Airlines of 2019 list, alongside the usual ULCC suspects (FR, U2). Thomas Cook came in last at #72 !

Here's a Reuters link to the original sale: https://www.reuters.com/article/slov...-idUSL8N1532A2
Last edited by yurtripper; Sep 30, 2019 at 11:09 am Reason: Added info about JP ranking
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