Thursday, June 02, 2011

Slovenian national carrier Adria denies Air India takeover

The CEO of Adria Airways , Klemen Boštjancic, has denied media reports that Air India is interested in taking over the Slovenian national carrier. Boštjancic said that although he did meet up with Air India's management recently there was no talk of a potential takeover. “We discussed cooperation on cargo routes and the possibility of introducing passenger flights between the two countries”, he said. However, insiders from the airline say that the management wants to see Adria in the hands of the German national carrier Lufthansa. On the other hand, nobody wants to take over an airline burdened with debt. Adria offers the greatest number of flights to Germany from Ljubljana and Priština out of all of its other markets. It is a Star Alliance member, like Lufthansa, and feeds the German carrier with generous amounts of transit passengers.
01/06/11 EX-YU Aviation News/Balkans.com
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