Adria Airways bankruptcy administrator has dropped proceedings to hold one of the former national airlines CEOs, Sven Kukelmelk, responsible for the companys collapse. Mr Kukelmelk from Estonia joined Adria just months before the airline declared bankruptcy and was the carrier’s CEO jointly with Holger Kowarsch. Last year, the bankruptcy administrator filed a 78-million-euro lawsuit against the former company’s managers and owners for the damage they caused to its creditors by financially draining the airline. However, in his recent regular report, Adrias bankruptcy administrator noted, “The court issued a decision by which it asks the bankruptcy administrator to submit the translation of documents into the Estonian lang…
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