Slovenian flag carrier Adria Airways has filed for bankruptcy and ceased all flights in another blow to the European airline industry.
The Star Alliance member had temporarily ceased the majority of operations starting 23 September while it sought a rescue deal, but announced on Monday evening that it filed a motion for bankruptcy proceedings at the Kranj District Court near its primary base at Ljubljana airport.
In a statement, the airline said: “The company announces that it will cancel all scheduled flights due to initiation of bankruptcy proceedings.”
Founded in 1961 as a charter company, Adria Airways linked Ljubljana with more than 25 cities throughout Europe and the Balkan region. It operated 20 aircraft and carried about 1.2 million passengers in 2018.
Adria Airways’ collapse comes just weeks after the collapse of Thomas Cook and in the same month two French carriers – XL Airways and Aigle Azur – went bust.