In an interview with Ex-Yu Aviation on January 28, 2019, Croatia Airlines revealed that they would only expand their network of flights under a new owner.
“For any further growth and the opening of new routes, Croatia Airlines will require additional aircraft. The expansion of our fleet and network is foreseen through the company’s recapitalization under the Croatian government’s National Reform Programme,” the airline said.
Recall, Croatia Airlines has expanded for the last three years but announced that they would not do the same for 2019, and no new routes would be added to their network this year. The national carrier increased their operations with twelve new lines over the past three years, most of which worked in the summer season. The airline had to lease two additional aircraft over the summer months to manage this growth.
“Through a decision passed by the Government of the Republic of Croatia on January 4, 2018, Croatia Airlines was put back on the list of companies of strategic and special interest to the Republic of Croatia, and on April 26, 2018, the government passed the National Reform Programme. The goal of this is to ensure the company’s further development and to strengthen the competitive advantages and position of Croatia Airlines on the air traffic market via a quality strategic partnership. This would include an expansion of the company’s flight network, an increase in Croatia Airlines’ market share, and recapitalization to facilitate the future development of Croatia Airlines,” the airline added for Ex-Yu Aviation.
“Croatia Airlines will continue to focus on managing all business risks, and on ensuring the best possible conditions for regular business operations. Jet fuel prices are expected to continue being the most significant risk, and the company will, in that regard, try to reduce its negative effects on the company’s overall business operations. The further improvement of the quality of service and network business model is also the company’s goals, as well as further investment in the fleet to maintain the highest level of flight safety,” Croatia Airlines concluded in response to their goals for this year.
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