They’re the only airline in Slovenia. Air travel for that region will suffer if they fall; nobody can get out if there’s no air routes, and nobody can get in via air travel. Cash injection time?
I’ve been tracking Balkan airlines for a Long time on this website:
Best Aviation website in my opinion.
Anyways, Adria has been having problems since the start of last summer, and the day they were acquired by other airlines. They had trouble, as they had lots of debt to pay, etc. Instead of working on credit, they went on and leased more aircraft. Which didn’t help at all. Free all of this, they will cease operations as Adria hasn’t found a realistic airline to partner with…
RIP Adria… It was nice seeing you in the Airport of Belgrade…
There goes another one… sad days for European aviation. For many people it may sound like a small and irrelevant airline, but it was quite important for the region. For example, my local airport will lose more than 20 weekly flights ☹