First Positive Monthly Financial Croatia Airlines Result Recorded in June

Lauren Simmonds

Updated on:

As Poslovni Dnevnik/Darko Bicak writes, the operational loss of the Croatian national carrier Croatia Airlines (CA) during the first half of this year stands at an absolutely enormous 170.3 million kuna, and the net loss is 164.1 million kuna, despite the gradual recovery of demand and mainly due to the increase in fuel prices, Croatia Airlines announced recently.

They pointed out from Croatia Airlines that the company’s very first positive monthly financial result since the beginning of the global crisis caused by the outbreak of the global coronavirus pandemic was achieved back in June this year.

In the period from January to June 2022, a total of 10,054 flights were successfully carried out by Croatia Airlines, which is 85 percent more compared to the same period last year.

558,146 passengers were transported, equal to 2.7 percent more in comparison to the same period back in 2021, but still 42 percent less compared to 960,620 passengers transported in the same period during the pre-pandemic, record year of 2019.

400,887 passengers were transported in international regular traffic, almost three times more than in the same period last year, while 146,428 passengers were transported in domestic regular traffic, twice as many as back during the first half of 2021.

When it comes to charter traffic, 10,831 passengers were transported, which is 77 percent more compared to the same period back in 2021. Cargo transportation was 14 percent higher, and cabins were filled by 56.2 percent, 10.9 percentage points more than back during the first six months of 2021.

The flight structure was adapted to traffic needs and circumstances, and the emphasis was primarily placed on the use of the Q400 fleet in addition to increasing the use of the Airbus fleet.

For more, make sure to check out our dedicated business section.


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