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Leaseholders seize third plane of Slovenia's troubled Adria Airways - report

Sep 23, 2019, 5:41:29 PMArticle by Iskra Pavlova
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September 23 (SeeNews) - US leasing firm AeroCenture has asked Slovenia's Civil Aviation Agency (CAA) to cancel the registration of a Bombardier CRJ900 plane used by troubled Adria Airways, local media reported on Monday.

Leaseholders seize third plane of Slovenia's troubled Adria Airways - report
Adria Airways, Photo: Bobo

AeroCenture submitted its request on Monday after the plane was transferred to Maastricht on Friday upon the request of its owner, news agency Siol.net reported.

According to the report, another plane owned by AeroCenture has been parked at the Ljubljana airport since Saturday and might follow the same fate.

The report comes after CAA banned last week Adria from using another two Bombardier type CRJ900 planes after their owner, Dublin-based Trident Aviation Leasing Service, unilaterally terminated its lease agreement with Adria Airways and the latter was deleted from Slovenia's aircraft registry as a user of these planes, CAA has said.

The decision led to delays and cancellations of a number of Adria Airways flights last week.

Adria Airways officials told state news agency STA on Monday that they have been in very intensive talks with an unnamed strategic partner on stabilising the company's operations.

Earlier this month, CAA began a check of Adria Airways' operations and financial performance causing fears that the airline's operational licence may be withdrawn. Its findings will be known by the end of October.

Adria's financial statements in the past three years might have been manipulated to cover up its loss and the growing need of fresh capital, according to earlier media reports.

German-owned fund 4K Invest via its wholly-owned subsidiary AA International Aviation Holding GmbH bought the airline in 2016 from Slovenian sovereign holding company SDH, which is coordinating the privatisation process in the country.

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