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Order HereThe Slovenian government has received several offers for Adria Airways in its second attempt to privatize the state-run carrier.
In a brief statement, Slovenian Sovereign Holding (SSH) and the country’s Bad Assets Management Company (BAMC) said it had received several bids for the 91.58% shareholding in Adria Airways held by several Slovenian governmental organizations.
The identities of the bidders were not revealed. SSH stated it would not provide information on the process, “since any disclosure of information during this phase of the sale process would have a negative impact on the sale process itself.”
The Slovenian government attempted to sell the national carrier in 2012, without success.
“The offers received will be carefully examined by SSH and BAMC and the sale process will be continued in accordance with the envisaged time schedule,” SSH said.
It did not give a timetable for a decision on possible buyers.
The small national carrier has fought back from heavy losses in recent years and is close to achieving breakeven. It plans to grow modestly out to 2020.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereThe Slovenian government has received several offers for Adria Airways in its second attempt to privatize the state-run carrier.
In a brief statement, Slovenian Sovereign Holding (SSH) and the country’s Bad Assets Management Company (BAMC) said it had received several bids for the 91.58% shareholding in Adria Airways held by several Slovenian governmental organizations.
The identities of the bidders were not revealed. SSH stated it would not provide information on the process, “since any disclosure of information during this phase of the sale process would have a negative impact on the sale process itself.”
The Slovenian government attempted to sell the national carrier in 2012, without success.
“The offers received will be carefully examined by SSH and BAMC and the sale process will be continued in accordance with the envisaged time schedule,” SSH said.
It did not give a timetable for a decision on possible buyers.
The small national carrier has fought back from heavy losses in recent years and is close to achieving breakeven. It plans to grow modestly out to 2020.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereThe Slovenian government has received several offers for Adria Airways in its second attempt to privatize the state-run carrier.
In a brief statement, Slovenian Sovereign Holding (SSH) and the country’s Bad Assets Management Company (BAMC) said it had received several bids for the 91.58% shareholding in Adria Airways held by several Slovenian governmental organizations.
The identities of the bidders were not revealed. SSH stated it would not provide information on the process, “since any disclosure of information during this phase of the sale process would have a negative impact on the sale process itself.”
The Slovenian government attempted to sell the national carrier in 2012, without success.
“The offers received will be carefully examined by SSH and BAMC and the sale process will be continued in accordance with the envisaged time schedule,” SSH said.
It did not give a timetable for a decision on possible buyers.
The small national carrier has fought back from heavy losses in recent years and is close to achieving breakeven. It plans to grow modestly out to 2020.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.