All Croatia Airlines articles – Page 2
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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.
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NewsCroatia Q400 gear-jam probe identifies suspect part
Investigators examining a Croatia Airlines Bombardier Q400, which landed with its nose-gear retracted at Zurich, believe a fractured sensor cover obstructed the nose wheel.
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