Adria bankruptcy: Lufthansa and AUA have registered 6,6 million euros

Bombardier CRJ (Photo: Pixabay).
Bombardier CRJ (Photo: Pixabay).

Adria bankruptcy: Lufthansa and AUA have registered 6,6 million euros

Bombardier CRJ (Photo: Pixabay).
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Adria Airways' insolvency proceedings are likely to drag on for at least three years, according to the administrator. So far, according to a statement by the lawyer, around 151 million euros in claims have been registered.

Of this, 87,7 million euros were recognized. Austrian Airlines and Lufthansa are among the largest creditors with 6,6 million euros. According to the insolvency administrator, the background here is that advance payments and securities have been made for ACMI services. In view of the fact that Adria Airways had hardly any funds left, the two Star Alliance members should at best get a low quota.

It is also noteworthy that two former managing directors of Adria Airways, against whom the local public prosecutor is investigating, filed claims for 67.600 euros and 47.000 euros respectively. By far the largest chunk is accounted for with 15,5 million open wages of the once around 550 employees. Other creditors include leasing companies such as AeroCentury, but also the engine manufacturer Rolls-Royce.

The proceeds from previous sales and auctions are to be distributed shortly. The wages of the former employees are so-called priority claims. Specifically, this means that they will receive payments before all other creditors. In general, however, the possible quota is estimated to be low.

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Editor of this article:

Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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