Ljubljana negotiates with Ryanair as Adria faces a tough week

Ryanair is also conducting talks with other EX-YU airports. There are negotiations under way for the no frills airline to commence flights from Dusseldorf and Frankfurt to Tuzla and flights to Podgorica from London and Glasgow. Flights to Ljubljana are expected to commence in April, at the start of the 2012 summer season.
Meanwhile, it will be a do or die week for Adria Airways. On Wednesday, the airline’s shareholders will decide on a capital injection and a restructuring plan to rescue the indebted flag carrier. Last week, all of the major banks participating in the talks said that they are unlikely to further support Adria. Such a decision, Adria says, will see the airline out of business by October. The restructuring plan entails a fleet, destination and employee reduction. The airline’s network cuts will be announced in September. Short listed for suspensions are flights to Paris, London, Istanbul, Warsaw and Copenhagen. Latest inside information points that the airline is also considering suspending flights to Belgrade and Podgorica.
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