Slovenia offers for sale Adria Airways trademark
Photo by Soos Jozsef / Shutterstock.com
Slovenia is offering the trademark of collapsed flag carrier Adria Airways for sale for EUR 100,000, the company’s bankruptcy trustee, Janez Pustaticnik, said, as cited by SeeNews.
File photo: An Adria Airways Airbus A319 S5-AAP lands at Munich Airport on October 10, 2017. Photo by Soos Jozsef / Shutterstock.com
Interested bidders can submit their proposals by July 6, Pustaticnik said in an public invitation. The results of the sale will be announced within 15 days after the deadline, the statement read.
In January, local media reported that Air Adriatic, a Slovenian company owned by local businessman Izet Rastoder, had bought Adria Airways’ operating license at an auction with a starting price of EUR 45,000.
Bankruptcy proceedings against Adria Airways opened in October after the troubled carrier suspended flights in late September due to a lack of funds to run its daily operations.
Adria Airways is controlled by German-owned fund 4K Invest via its wholly-owned subsidiary AA International Aviation Holding GmbH, SeeNews says.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.