Slovenia to auction off Adria Airways’ Air Operator Certificate

Adria Airways’ receiver, Janez Pustatičnik, has announced that the bankrupt carrier’s Air Operator Certificate (AOC), as well as other licenses and permits, will be sold off at an auction which will likely take place in mid-January.

An AOC allows its holder to perform commercial flights and is issued by the country’s aviation regulator.

A Slovenian AOC would give its holder rights to maintain services from Slovenia and other European Union-member states, EX-YU Aviation News writes.

Although Adria’s AOC will expire at the end of the year, the Slovenian Civil Aviation Agency has expressed its readiness for the certificate’s validity to be extended.

The process for obtaining an AOC in Europe differs from country to country.

Pustatičnik previously received five non-binding bids for various parts of Adria’s business, including its permits and licenses, the portal writes. One entity offered 45,000 euros for Adria’s AOC, manuals and other documents.

As a result, the starting price for the AOC has been set at 45,000 euros.

The Slovenian Civil Aviation Agency noted that Adria’s AOC would be of use only to an entity buying the former flag carrier’s entire estate.

Adria Airways Slovenija

Slovenian Civil Aviation Agency

Janez Pustatičnik

Air Operator Certificate

AOC

auctions