Croatia Airlines Doing Well, Expects Positive Year

Lauren Simmonds

Croatia Airlines says that positive trends are expected in 2018.

As Darko Bicak/Poslovni Dnevnik writes on the 30th of April, 2018, Croatia’s national carrier, Croatia Airlines, ended 2017 with 1.84 billion kuna in revenue, which is a considerable 13.9 percent more than was recorded during the previous year, at the same time. Their net profit of 24.9 million kuna was also an impressive 30 percent higher than their 2016 achievement, marking the fifth year in a row ending with a positive result for the popular airline.

Although revenue and profit for the first quarter were lower than in the same period last year, with a realisation of 265.2 million kuna, equal to a loss of 82.3 million kuna, Croatia Airlines points out that positive trends are indeed expected this year.

The airline has highlighted the record passenger occupancy factor of 70.6 percent in the first quarter of 2018 in particular, marking an increase of six percentage points over the same period of the previous winter season of the previous year.

In a move likely made owing to the high expectations and good news, for the very first time since the year 2010, Croatia Airlines has made an advance payment in recent days for four brand new Airbus 320neo aircraft, the delivery of which is expected during 2022 and 2023.

In 2017, a total of 2,124,528 passengers were transported by the country’s national airline, equalling 185,308 passengers, or 10 percent more than there were back in 2016, and last year, the company’s two-millionth passenger was recorded at the earliest time ever in the airline’s history, on December the 5th.


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