Croatia Airlines Records 10% Increase in Passengers in First Half of 2017

Daniela Rogulj

It’s been a good 2017 for Croatia Airlines so far. 

Croatia Airlines saw a 10 percent increase in passenger growth during the first half of 2017, reports HRTurizam on July 31, 2017. 

Thus, from the beginning of January to the end of June, Croatia Airlines performed 2 percent more flights (12,684) compared to the same period in 2016, and a total of 903,188 passengers were transported, which is 10 percent more than last year and 3 percent more than planned. As a result, the number of international passengers has increased by 12 percent and the number of domestic passengers by 5 percent. Also, the extended passenger load factor (PLF) improved by 4.1 percentage points to 69.7 percent, which is 3.5 percentage points better than planned.

“The growth of passenger traffic, among other things, is the result of the introduction of four new seasonal lines in May of this year – from Zagreb to Stockholm, Oslo, Helsinki and Bucharest – and seasonal flights to Lisbon, Milan, Prague and St.Petersburg which were introduced in 2015,” Croatian Airlines said. Thus, in 365 days, the company introduced up to eight new international lines and offered an additional 100,000 seats on the market. Due to the increased flight volume, especially during the peak tourist season with up to 105 flights a day, Croatia Airlines plans to achieve 2,000,000 travelers this year for the first time in the company’s history.

In the first half of 2017, Croatia’s national airline achieved an operating profit of HRK 49.6 million and a net profit of HRK 42.6 million. The net result reached was HRK 127.2 million higher than in the same period last year and is higher than planned for the first half of this year. Operating revenues were also 32 percent higher compared to the first half of 2016. In the structure of these revenues, there was a growth of 10 percent recorded in passenger revenue. Revenue was generated on technical maintenance of foreign aircraft, while other revenues increased 2.5 times due to the planned sale of part of the slots at London Heathrow airport.

This year, Croatia Airlines flies directly to 39 European destinations in 24 countries, and the fleet consists of fourteen aircraft: four Airbuses 319 (144 seats), two Airbuses 320 (174 seats), six Dash 8-Q400 turbocharged aircraft (capacity 76 Seats) and two rented CRJ1000 aircraft with 100 seats.

Translated from HRTurizam 

 

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