Is Government Planning to Sell Croatia Airlines? Darko Horvat Responds

Croatia Airlines has been knee deep in financial trouble since long before anyone had even heard of COVID-19, which, of course, has done the enfeebled domestic carrier no favours whatsoever. The ongoing pandemic is only working to deepen the airline’s already gravely serious issues and it doesn’t seem like Ryanair’s Zagreb arrival is going to be of any assistance to what many refer to as a company which charges totally unreasonable amounts for the absolute basics in air travel.

Could a sale be on the cards for the ever-problematic Croatia Airlines? It seems that at least currently, that isn’t in the works.

As Poslovni Dnevnik writes, Ministers Darko Horvat and Nina Obuljen Korzinek presented their reforms and investments as part of the much talked about Croatian National Recovery and Resilience Plan which are specifically related to the renovation of buildings and culture following the earthquake and the pandemic.

During the presentation of planned reforms in rehard to another burning issue in this country, which regards state property, Minister Darko Horvat answered the question as to whether the government plans to sell Croatia Airlines or Podravka, Media Servis reports.

“Neither this government nor I, as a minister, are considering any privatisation or sale of the Croatian share in Podravka. I’m sure, like my colleague Minister Oleg Butkovic, that Croatia Airlines either needs a quality and good strategic partner or must remain in the Croatian portfolio anyway. To lose an air traffic operator… well, I don’t think it would be good or wise,” Darko Horvat explained.

For more on the Croatian Government and state owned companies, follow our dedicated politics page.

 

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