The official administrators of bankrupt Slovenian airline Adria Airways plan to auction off 1,734 cabin crew and pilot uniforms belonging to the now-defunct carrier in an effort to sale off all of its assets. Adria Airways went into receivership in September 2019 after mounting financial problems forced it to ground its small fleet of planes indefinitely.
An attempt by the Slovenian government to establish a new airline company failed soon after when lawmakers concluded it was not financially viable. The airline’s administrator Janez Pustatičnik, valued the carrier’s total assets to be worth just over €6 million.
Nearly half of those assets were in the form of an office building the airline owned at Ljubljana airport, while businessman Izet Rastoder snapped up the carrier’s air operators certificate for €45,000. The Adria Airways brand name has also been put for sale for an estimated €100,000.
Because Adria Airways leased rather than owned its planes, the administrators were unable to claw back any money from selling off its fleet.
As for the uniforms, a starting price for bids has been set for €50,000 for all 1,734 uniforms. Anyone interested in taking part in the auction will have to put down a deposit of €5,000. Bidding closes on April 15 and a winner, should anyone actually want the uniforms, will be announced at the end of the month.
Adria Airways had been sold off to a German investment firm just three years before its collapse. Last month, police were called in after the administrators suspected fraud involving €5,000 that mysteriously went missing from a company safe immediately after the airline collapsed.
