All Croatia Airlines articles
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NewsCroatia Airlines’ A220 order transferred to Irish lessor Griffin
Croatia Airlines’ order for six Airbus A220-300s has been transferred to Irish-based lessor Griffin Global Asset Management, the leasing company has confirmed. The carrier’s order for the six jets had been removed from end-of-year backlog figures released by the airframer on 11 January, while six A220-300s had been listed for ...
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NewsCroatia Airlines edges into first-half profit as fuel costs fall
Croatia Airlines’ passenger numbers over the first half of the year were still nearly 20% down on the pre-crisis level, but the carrier has claimed a net profit for the period. The operator states that it transported 773,000 passengers over the six months to 30 June – up by nearly ...
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NewsCroatia Airlines remains loss-making despite progress in recovery
Croatia Airlines has turned in a full-year net loss of Kn137 million ($19 million) as its performance, while recovering, still lagged pre-crisis levels. The carrier transported 1.45 million passengers but this figure remained one-third down on that achieved in 2019. Croatia Airlines says passenger load factor reached an average of ...
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NewsCroatia to take A220s including -100s from Air Lease
Croatia Airlines is to take six of its new Airbus A220s from US lessor Air Lease, including a pair of A220-100s. The airline is intending to modernise its fleet with up to 15 A220s, and placed a firm order with the manufacturer for six of the type, all the -300 ...
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NewsCroatia Airlines to operate up to 15 A220s as it places firm order
Croatia Airlines has formally ordered six Airbus A220-300, and aims to lease a further nine of the type. The carrier is intending to build a fleet of 15 of the twinjets under a modernisation programme. Airbus says the A220s will replace earlier-generation aircraft in the fleet. Croatia Airlines operates a ...
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NewsCroatia Airlines to become all-Airbus A220 operator by 2026
Croatia Airlines has chosen the Airbus A220 for its fleet renewal, following years of negotiations with airframers over an order for narrowbody jets. The commitment will see the Star Alliance carrier become a single-type operator “by 2026”, it says on 4 October. The Pratt & Whitney PW1500G-powered jets will replace ...
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NewsNo evidence Croatia Dash 8 damage caused by gunfire
Bosnian investigators have concluded that damage discovered on a Croatia Airlines De Havilland Canada Dash 8-400, following a service to Sarajevo, was not caused by weapons fire. The aircraft, arriving from Zagreb on 22 June, sustained damage to its fuselage which the Bosnia and Herzegovina prosecutor’s office initially said “might ...
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NewsCroatia Airlines reduces losses but still faces liquidity pressure
Croatia Airlines recorded 11% more flights over the course of the first nine months of this year, with a 20% increase in turboprop activity offsetting a slight reduction in jet operations. The carrier operated a fleet of 13 aircraft – including seven Airbus single-aisle jets and six Bombardier Q400s – ...
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NewsCroatia Airlines trims losses but first-quarter bookings remain weak
Croatia Airlines has managed to reduce first-quarter operating losses to Kn86.2 million ($13.9 million) compared with the previous figure of Kn95.7 million. Its revenues for the period more than halved to Kn113.6 million. The company says the beginning of the year has been “weaker than expected”, with travel reservations still ...
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NewsGovernment reinforces Air Serbia as turbulence rocks Balkan carriers
Serbia’s government has reinforced its position in flag-carrier Air Serbia, as the air transport system of the former Yugoslavia continues to suffer with the collapse of Montenegro Airlines. Air Serbia emerged in 2013 as the former Jat Airways – a successor to Yugoslav operator JAT – underwent a revamp through ...
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NewsCroatia Airlines to receive Kn600m through capital injection and loan
Participants in a Croatia Airlines extraordinary assembly have approved an increase in the airline’s share capital through the issue of new shares to the Croatian government. The decision was made during the assembly on 14 December. Under the measure 35 million ordinary shares will be issued, with a nominal value ...
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NewsCroatia Airlines to shore up liquidity with Kn350m government injection
Croatia Airlines is to hold an extraordinary general assembly to approve a recapitalisation scheme which involves raising Kn350 million ($54.7 million) through a share issue. Under the proposal, to be discussed at the 14 December assembly, the share capital of the airline would increase from Kn277.8 million to Kn627.8 million. ...
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NewsCrisis interrupts Croatia Airlines talks to cancel A320neo order
Croatia Airlines has disclosed that it has been discussing the cancellation of its Airbus A320neo order, the latest twist in a single-aisle situation dating back 12 years. Its order for four of the re-engined jets was placed in September 2015 – four months before the type entered service – with ...
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NewsCroatia Airlines rejigs leases to cut costs
Croatia Airlines has postponed a long-term Airbus A319 lease, cancelled a similar Bombardier Q400 lease and dropped a CRJ1000 seasonal lease as part of measures to rein in costs over the first half. Over the second quarter the company made a loss of Kn62.7 million ($10 million), it states, despite ...
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NewsCroatia Airlines studies potential Ljubljana base
Croatia Airlines has held preliminary talks with Slovenian government and airport officials over potentially beginning flights from Ljubljana.
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NewsAegean declares preliminary interest in Croatia Airlines
Greek carrier Aegean is submitting an indicative offer as part of the privatisation plan for fellow Star Alliance operator Croatia Airlines. The Croatian government stated earlier this year, during events to mark the flag-carrier’s 30th anniversary, that it was launching a strategic partnership process to maintain the airline’s competitiveness. Croatian ...
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News
Croatia Airlines in line for state support to stabilise carrier
In the aftermath of the collapse of Slovenia's Adria Airways, the neighbouring Croatian government is seeking to avert a similar risk to flag carrier Croatia Airlines after setting out conditions for a capital injection.
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News
GOAL sells Q400s to Falko
German Operating Aircraft Leasing has sold two Bombardier Q400 turboprops to a fund managed by Falko Regional Aircraft.
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AnalysisANALYSIS: Airports stake their claim in slot allocation
For more than 40 years, the guidelines governing slot allocation at the world's capacity-constrained airports have been overseen by IATA and a set of national co-ordinators. Now, airports are seeking to challenge the status quo by gaining a say in how slots are awarded and – potentially – who benefits ...
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Analysis
ANALYSIS: Balkan airlines struggle for survival
When Jat Airways was rebranded Air Serbia late last year, it marked the symbolic end of the concept of a pan-western Balkan national carrier – but who, if anyone, will ultimately replace it as the dominant player in the Balkan aviation market remains an open question.