Tuesday, March 1, 2016

Croatia Airlines to launch Lisbon flights in May


Croatia Airlines will launch flights from Zagreb to Lisbon this May, completing its line-up of new routes from the Croatian capital, which will also include Milan, Prague and St. Petersburg. The airline will take over the Lisbon service from its Star Alliance partner TAP Portugal, which will suspend the route from March 27. Croatia Airlines plans to operate three weekly flights between the two cities, each Monday, Wednesday and Friday, starting May 20. The carrier has also announced three weekly services to Milan and four weekly to Prague, both of which are to launch in May. Flight to St Petersburg will operate twice per week from June 2. The network expansion comes after four years of restructuring, which has limited Croatia Airlines' opportunities for growth.

DestinationLaunch date
Lisbon20.05.2016
Milan20.05.2016
Prague21.05.2016
St. Petersburg02.06.2016
Click link for more details

The Croatian carrier is also poised to reveal details of its upcoming fleet expansion by the start of the 2016 summer season, with the addition of two Bombardier CRJ900 aircraft expected to be announced. According to "Skyliner Magazine", the regional jets, formally operated by the now defunct Estonian Air, are in East Midlands where they are being painted in the Croatia Airlines colour scheme. The two 84-seat aircraft, registered ES-ACB and ES-ACC, are five years old. It should be noted that the carrier itself is yet to confirm the arrival of these aircraft. Last month, Croatia Airlines tentatively scheduled an Embraer E195 jet on several routes from May 20 onwards, however, these changes have now been removed from the system.

Croatia Airlines recorded modest passenger growth in 2015, while its net profit increased 84% compared to the year before, it reported yesterday. The numbers represent Croatia Airlines’ third consecutive year in the black. The Croatian carrier handled 1.850.000 passengers in 2015, an increase of 1% on the year before, while the number of operated flights decreased slightly from 25.879 in 2014 to 25.863 last year. The airline’s average cabin load factor stood at 69.7%, up 0.5% from 69.2%. However, in a preliminary report, Croatia Airlines said that high seasonality continues to have a negative impact on its financial performance. The airline is losing money during the winter season when it holds a commanding 62% share of the Croatian market, while it generates the greatest profit during the summer when it maintains only a 21% – 34% market share. On the financial front, the Croatian carrier reported a net profit of 1.9 million euros, its best result in almost a decade. Its expenses increased from 200.6 million euros in 2014 to 201.2 million euros last year. The airline spent most on flight operations, followed by services, aircraft maintenance and promotions and sales. In addition, its revenue grew 0.5%, totalling 203.4 million euros.
[post_ads]

93 comments:

  1. Interesting choice. Nice

    ReplyDelete
  2. Great to see them opening new routes but why Lisbon? If it didn't work for TAP why would Croatia Airlines be any different?

    ReplyDelete
    Replies
    1. TAP didn't cancel the route because it was not doing well but because they had to restructure and put planes on other routes.

      Delete
    2. TAP returns to ZAG in February 2017, an insider info

      Delete
    3. ok.... but even so when restructuring you discontinue your least profitable routes, not the ones that are performing well. Could these flights be seasonal?

      Delete
    4. It is not always about least profitable routes, but you can also cancel route which does not fit into your time table, develop strategy, if you have several routes in the area and one can use airport 300-400 km away...

      TAP in same time with ZAG cancel also Budapest, Hamburg and some other destinations.

      Delete
    5. Remember, TAP operated Zagreb via Milan (maybe direct during the summer??) so I don't think they were doing that bad if you think there is a decent market between Lisbon and Milan as well as Milan to Zagreb.

      Delete
    6. Bologna, Q400..

      Delete
    7. It was not Milan but Bologna was stop to Lisabon during winter. Route was direct during summer for years now.

      Delete
    8. (Re' Bologna)

      Oops, my bad!

      Delete
  3. Does the government plan to fire Kucko once and for all?

    ReplyDelete
    Replies
    1. Why should they ? He has delivered 3 years of growth and profits, despite EU imposed controls... Compared to the region, where some are big noting themselves and living on handouts, Kucko and his team are delivering steady and solid - if not spectacular - results

      Delete
    2. I wouldn't say spectacular. Considering the huge discount they are getting on fuel at the moment and that they have not invested that much the past few years, they should be doing a lot better!

      Seasonality is an issue but they can address this easily now they are in the EU so it will be interesting to see how they tackle this issue.

      Delete
    3. They could have leased in more capacity every summer, but they didn't!
      Have a look to the canadian leasure market.. or in parts the british and german, too.

      Delete
    4. And they could have made far greater losses but they didn't ....

      Delete
    5. Almost all companies in Europe have huge profit this year concerning low price of petrol. Huge!!!! The best in last 10 years

      Croatian Airlines has a small profit and that one is made by selling Pleso prijevoz and engine. Last year they sell plane and engine. So, they are not profitable at all.

      When companies have huge profit they buy planes, motors, companies. Croatia airlines is selling those to make false profit.

      So, how can anyone with primary school degree say that Kučko is good CEO?

      Delete
    6. Prenosim informaciju:
      "Croatia Airlines je kreativno knjigovodstvo dovela na najviše grane. Od kada objavljuju burzivna izvješća ovoga nije bilo.

      Prvih 9 mjeseci je bio plus 3.5 mil.kn, a svih 12 mjeseci 13.8 plusa !?

      Koji lopovi. U zadnjem tromjesječju u kojem je UVIJEK minus, oni su u plusu 10.3 milja !!

      U prihod je ušlo: 33.8 ml. kn od sale&lease back motora (piše u izvješću)
      cca 15 mil. kn od prodaje Pleso prijevoza po mom infu

      total 49 mil.kn

      Kad ovo zbrojimo, grubo- zapravo je minus 35,2 ml. kn sa ultra jeftinim gorivom. Barem."

      Delete
    7. When they make a profit, it is false accounting. When they make a loss, it is poor management.

      A profit is a profit - whether it is through operations or through related business transactions.

      They don't make the rules - they simply play to the rules

      Delete
    8. If you are trying to evaluate company performance income/profit is important, but imho more important is the operating profit and that one is usually not advertised unless it’s really good. If what Purger mentioned is correct even remotely (and I have no reason to doubt it), the situation is not very good in OU. If you see the clear line where they are divesting some assets while acquiring new ones, the ones that can bring the operating income up, that would be different story, this way I’m afraid they won’t last very long. Since Croatia is EU, government can’t keep it afloat like YM for example. Arguably, there was no better year for aviation industry in since probably 2000. With oil prices where they are, lower labor rates (compared to the rest of Europe), tons of tourists in Croatia; they should be making a lot of money these days. Heck, even AF/KLM posted profit this year, that’s the impact oil prices have on aviation industry. However, OU seem to be struggling!

      Delete
    9. So state bought planes (pay for credit) and than Kučko is selling it to make "profit". Nice!

      Delete
    10. I wanted to add something else. While these summer flights are nice and will bring pax numbers and income up, it’s questionable how much they are going to contribute to the bottom line. Everything I ever heard about summer wet leases are notoriously expensive and profit margins on those can be tight. Also, they seem to be blaming slow winter months for everything. I’m not 100% convinced that their summers are even good. What’s behind it I’m not sure, but they should have a hard look at their operating costs (plane utilization, leasing rates, fuel charges, staffing levels and structure of their contracts etc.) as well as income side. I’d love to know how their codeshare agreements are structured and how big their pie is.

      Delete
  4. We can assume they will finally handle 2 million passengers in 2016. Took their time.

    ReplyDelete
  5. OT: An insider info that Qatar plans to use Dreamliner on their flights to and from Zagreb starting from 2017, when the new terminal opens. Someone has mentioned it a few weeks ago, but this info is fresh!

    ReplyDelete
    Replies
    1. The Dreamliner would look awesome parked at the new terminal... I think they would both complement each other really well. :)

      Delete
    2. ... with one or two airbridges?

      Delete
    3. Purger said that two weeks ago and you made fun of him

      Delete
    4. Never say never of course, but another insider info says that nobody is even thinking of 2017 yet (meaning from summer schedule) let alone about Dreamliner. Not saying it won't happen, just that it is not considered. It was for this year, and instead they opted for increase to 10 weekly, which will soon be extended to double daily. Another insider info.

      Delete
  6. "69.7%, up 0.7% from 69.2%" - Ex-YU Aviation, this must be a typo. But it's not clear which two figures are correct. Please update.

    ReplyDelete
  7. Sta je onda bolje za OU CRJ900 ili E195?

    ReplyDelete
    Replies
    1. E195!!!!!!!! Much better and so much more comfortable plane.

      Delete
    2. Agree, E195 is a better aircraft overall but with OU operating Bombardier Q400's and a dedicated CRJ service center in Ljubljana which will be able to help support the CRJ, than the CRJ900 is probably a better aircraft for Croatia Airlines.

      Delete
  8. As I mention few weeks ago, now we have confirmation about all 4 routes. Only difference from my source is that Prague will be 4 weekly (not 3) -2-4-67 and that they will lease one Fokker 100 by Trade air (information was from Croatia and confirmed to me personalty by Mr. Cvijin)

    ReplyDelete
    Replies
    1. Purger, što misliš, jel ovaj prihod rezultat njihovog poslovanja (rpijevoz putnika, tereta...) ili su napumpali taj broj sa prodajom, kako ti kažeš, obiteljskog blaga? I dali će onda unajmiti 3 aviona? Dva od Estonian air i taj Trade Airov?

      Delete
    2. Prodan je sigurno Pleso prijevoz, profitabilna monopolistička kompanija koja ima koncesiju na prijevoz putnika iz Zagreba na aerodrom i iz Splita na aerodrom.

      Sad se počelo spominjati i prodaja nekih motora, no ja tih informacija nemam.

      Delete
    3. Molim i drugi put

      Delete
    4. Kreativno knjigovodstvo su doveli na najviše grane. Od kada objavljuju burzivna izvješća ovoga nije bilo.

      Prvih 9 mjeseci je bio plus 3.5 mil.kn, a svih 12 mjeseci 13.8 plusa !?

      Koji lopovi. U zadnjem tromjesječju u kojem je UVIJEK minus, oni su u plusu 10.3 milja !!

      U prihod je ušlo: 33.8 ml. kn od sale&lease back motora (piše i izvješću)
      cca 15 mil. kn od prodaje Pleso prijevoza po mom infu

      total 49 mil.kn

      Kad ovo zbrojimo, grubo- zapravo je minus 35,2 ml. kn sa ultra jeftinim gorivom. Barem.

      Delete
    5. Jbt tuzno cak i kad su Rvati u pitanju. Na papiru stoji tri godine u crnom. Toliko o vrednosti finansijskim saopstenjima kompanija dok nemas insajdere. U ASL to mogu jos ove godine da pokriju po ugovoru. 2017 ce biti mnogo ruzna godina.

      Delete
    6. Oni se pokusavaju napravit uspjesnim ili kog vraga im znaci to da prodaju da bi bili uspjesni? Pa nitko nije tolko blesav da kaze a vidi 14milijuna plusa, ajmo ih kupit. Svako ce im malo pogledat knjige. Tako da mi nije jasna njihova politika.

      Delete
  9. OU to LIS hopefully with good timings to the Brazil flights.
    Good to hear that this is the 3rd consecutive year in the black. Congrats to that!
    Go OU !!

    ReplyDelete
    Replies
    1. Agree, they really need to make sure flights are timed well with connecting flights to South America.

      I was a bit disappointed to find that for me it was really difficult to book with OU because other airlines just seemed more convenient. Even though I like the idea of feeding into LH network for OU, it really is now only competitive for North America connections. OU I think are starting to lose the Asia and Australia / NZ passengers in a big way to connections via the Middle East even from the large Croatian diaspora in Australia and NZ, they just all talk about the easy ME3 option.
      With Qatar expansion into Zagreb and the region as well as Turkish one day sooner than later launching Sydney flights, this situation will only get worse for OU.

      What makes it harder for OU is that it will be almost impossible and now even impracticable for them to launch say Dubai even though I have advocated this from OU on this blog with a Qantas or Emirates code-share.

      Now, for OU in my opinion if they want to become competitive in the Asia and Australia / NZ markets, they would have to do something as drastic as launch Singapore. Obviously OU is nowhere near the position to undertake such a step but if they ever do decide to take on wide bodies than Singapore would make for me a lot of sense, a Star hub with connections throughout Australasia.

      This is the only way they would be able to secure the Australasian market with any conviction.

      Delete
    2. Why would EK or QF offer OU a codeshare when they both work with Fly Dubai ? They are better off flying to Abu Dhabi and working with EY or better yet, QR and feeding their flights into DOH and onto QR's flights to Australia. They could coordinate their schedule with QR and complement their 4 pw by flying 3 pw and that way, offering a daily flight

      Delete
    3. QR area about to start 10 per week to Zagreb currently its a daily service, so why would they want to work with Croatia Airlines. Out of all those you mentioned cooperation with Etihad via Abu Dhabi seems the most likely but I'm sure they have Zagreb covered via Belgrade.

      Delete
  10. Well, I am super excited to read OU's announcement today ! Hope to hear on other frequency increases as well. From what I've heard, CDG should be increased... BWK 2nd weekly flight, which is an increase from 1pw, has already been selling on their web booking engine for several weeks now.

    My prediction/hope is that OU will carry 200.000 pax more than in 2015., out of which 150.000 will be generated in ZAG. Foreigh carriers should contribute rougly 100-110.000 pax, so ZAG could realistically reach 2.850.000 in 2016.

    ReplyDelete
    Replies
    1. Opet se svadjas sa racunom?

      Delete
    2. pojasni - što ti nije jasno s "računom" ?

      Delete
    3. htio je reći da si se preračunao u kalkulaciji

      Delete
    4. nove linije/frekvencije:

      - Qatar, 3 pw (a320)
      - KLM/AF, capacity increase by 60 pax (daily)
      - Brusseles, 6 pw, a319 (efekti u prvih 8,5 mjeseci, jer je Brussels došao u 09/2015)
      - LOT, 7 pw (DH8 - 76 seater) (efekti rasta u drugoj polovici 2016, jer se u drugoj polovici 2015. povukao)
      - Swiss (efekti rasta u prvih 3 mjeseca, došao lani 04/2015)
      - Bwk, 1 pw (OU)
      - CPH i BRU (povećanje veličine aviona)
      - CDG, 7 pw - dodatni let (još neprovjereno)
      - PRG, 8 x pw (Czech + OU), 65 seats/avg
      - MPX, 3 ili 4 pw (76 seater)
      - LED, 3 pw (100 seater ili A319)
      - LH, povećava frekvenciju na 2 x daily FRA, izgledno korištenje većih letjelica

      Očekuju se dodatna povećanja frekvencija od strane OU na postojećim - saznat ćemo uskoro.

      Sve u svemu 10% rast za ZAG je realan. To i ne uključuje dolazak novih airlinea na jesen - uoči otvaranja NPTa.

      Delete
    5. Just an update. Croatia Airlines has just confirmed it will make an official announcement on its new routes either tomorrow or on Thursday, so not today as thought. Fleet announcement will be made by the start of the summer season.

      Delete
    6. EX YOU - wonderful, thank you for this update, greatly appreciated :)

      Delete
    7. So unprofessional. Today announcement becomes tomorrow or day after tomorrow... Disaster...

      Delete
  11. Dubrovnik Airport publish in their Dubrovnik info official news letter that flights Teheran-Dubrovnik will be operated by Limitless, as I publish several days ago, and not some Swiss company.

    source:
    http://www.airport-dubrovnik.hr/images/stories/dbv_info/27.02.2016.pdf

    I have information that Croatia Airlines is in final stage of negotiation to fly on that route after April once per week.

    ReplyDelete
    Replies
    1. Ako to uradi CTN to ce biti odlican potez , i onda ce G Kucko ispasti najpametni dzabe su ga svi ogovarali.
      INN-NS

      Delete
    2. No, Marko, pa radi se o charter liniji. Niti je ona inicijativa CTN-a, niti, nažalost, realizacija, nego bi oni bili samo charter prijevoznik na istoj. Hoće li ostati Limitless ili će prijevoznika promijeniti u Croatiu Airlines ostaje tek vidjeti. Ako i bude CTN nije neki krediti upravi, osim da su bili najpovoljniji ponuđač. Iskreno, već je to napredak, i porpilično iznenađenje.

      Delete
  12. OT:

    https://www.youtube.com/watch?v=n4N4bbIK2ls

    Check this out. LX B7773 Takeover at Paine field and Ferry flight to ZRH including low pass and landing in ZRH -

    very nice Video. That s Marketing !

    ReplyDelete
    Replies
    1. Nice video!

      Look closely at time 3:20.... what do you see?

      Delete
    2. ZRH airport :)

      Delete
    3. Hahah Air Serbia. :D

      Delete
  13. OT: Turkish Airlines yesterday announced the net operating profit of $1 billion for 2015. It is a 65% increase from 2014.

    TK is now officially the largest exporter in Turkey - they sold $7 billion outside of the country.

    The number of aircraft in the fleet has exceeded 300.

    ReplyDelete
    Replies
    1. Vec su osvojili ceo region i Austriju svaka im cast na tome . Mogu zamisliti da ce na svaki Aerodrom u EX YU leteti kad im se otvori novi Aerodrom.
      INN-NS

      Delete
    2. Also worth noting is that RO is increasing ARN from 4 to 6 weekly this summer season. Flights are conveniently timed to offer connections at OTP. Similar schedule as the one offered by JU out of BEG:

      RO331 OTP0840 – 1030ARN 73W x256
      RO335 OTP1645 – 1835ARN 318 2
      RO335 OTP1645 – 1835ARN 73W 5

      RO332 ARN1115 – 1500OTP 73W x256
      RO336 ARN1920 – 2305OTP 318 2
      RO336 ARN1920 – 2305OTP 73W 5

      Delete
    3. Another OT is that Aegean signed an agreement with ALAFCO to lease another 2 A320s for a period of 8 years. They already operate 2 of their A320s.

      Delete
    4. ASL po meni leti premalo za ARN ipak je to jos jedno od retkih dobro plateznih trzista .
      Jel to porudzbina za Ceo varijantu ili stariju?
      Ja misilim da ce uskoro objaviti da nabavljaju nekoliko A330 kako su krenuli =D
      INN-NS

      Delete
    5. Sad sam se setio jedno pitanje jel A3 leti za IKA ?
      INN-NS

      Delete
    6. Leti, krenuli su proslog leta sa dva nedeljna i trebalo je da se leti sezonski. Kada je dosla zima povecali su na tri leta a ovog leta dizu na 4.
      Vassilakis je izjavio da im je cilj da imaju barem 5 letova nedeljno zbog presedanja.

      Delete
    7. Bilo bi odlicno ako bi mogao saznati LF posto pojedinci neveruju da je to vrlo isplativ let.
      Hvala unapred :).
      INN-NS

      Delete
    8. IKA je rudnik zlata za A3, generalno tokom leta su isli puni. Tokom zime se popunjenost vrti oko 75%.

      Njima transferi imaju prednost. Na primer, povratna IKA-ATH-IKA je €300 dok za istu cenu nude i IKA-ATH-FRA!

      Delete
    9. To su odlicne vesti mozda se i ASL ugleda .
      Mogu onda da zamislim da su im takodje i druge destinacije na Bliskom Istoku takodje odlicni.
      INN-NS

      Delete
  14. Does anybody knows the numbers for February for BEG?

    ReplyDelete
    Replies
    1. -7% comparing to February 2015, Air Serbia -12%

      Delete
    2. Tko/Ko drukčije kaže, kleveće i laže...

      Delete
    3. &AnonymousMarch 1, 2016 at 2:33 PM
      -7% comparing to February 2015, Air Serbia -12%....

      Absolutely wrong information, or, simply, the lie.

      Delete
    4. @ Anon March 1, 2016 at 5:33 PM
      So what is the right information? Please, provide it to us.

      Delete
    5. That is very bad performance for ASL.
      And BEG being so dependent on JU is also suffering.

      Delete
    6. The result isnt too bad. Remember a big amount of growth in JU came from transit pax.

      The BEG market is very seasonal, something that JU is trying to overcome. I just dont think they justified the expense of flying empty ac just for the sake of having the flight.

      Our government last summer did damage to BEG by blocking charters from a few airlines lets not forget.

      Other than pax numbers, cargo seems is growing strong, with growth above 30% in January for BEG, going towards 1M kg.

      I wouldnt say that BEG is suffering from JU, but in fact the other way around and a comment of mine a week or so ago says why.

      Pax numbers should jump this year with the new flights and frequencies. However, I am interested to see how JU will do in Turkey this year considering the large drop in tourist numbers. IST for JU has seen quite a drop in pax.

      Delete
    7. I am surprise to see you guys going on such a lies from ANNM 2:33. There is no info yet and AS just posted great results from 2015. Way better then most of negative people were posting on here in the last 12 months. Way to go AS:) Cheers

      Delete
    8. @ Anon March 2, 2016 at 6:37 AM
      I hope that you know that AS is Alaska Airlines and not Air Serbia lol

      Delete
    9. What better results. You are joking? Results were better in first part of year. But from August Air Serbia results are very bad, from November disaster. More than 11% decline.

      Delete
  15. Bravo Hrvatska!

    ReplyDelete
  16. OT:Kompanija Er Srbija (Air Serbia) prevezla je tokom prošle godine 2,55 miliona putnika, što predstavlja povećanje od 11% u odnosu na 2014. godinu, saopštili su danas iz srpske nacionalne avio-kompanije.....

    http://tangosix.rs/2016/01/03/ucinak-er-srbije-u-2015/

    ReplyDelete
    Replies
    1. Bravo - Go Air Serbia !

      Delete
    2. What is my up with people saying "Bravo Hrvatska' or "Bravo-Go Air serbia"? I feel like one guy just trolls on here all the time with that cheerleader sh.t.

      Delete
    3. Go, Anonymous 7:42 ;)!

      Delete
    4. Anonymous March 1, 2016 at 7:42 PM
      I am sure that is the same guy and just trolls both Srbija and Hrvatska!

      Delete
  17. ASL OTP@BEG is outstanding achievement and back-to-back stellar growth after 4 point improvement in 2014! Air Serbia shattered old "Joke About Time" image and is now among top airlines in Europe when it comes to punctuality, what a turnaround! Cargo, LF and OTP all exceeded my expectations. Organic passenger and route growth is in the cards for 2016. Keep up the great work and enjoy being part of the amazing ride!

    ReplyDelete
  18. First real Air Serbia promotion:

    http://www.aviokarta.net/vesti/3325-air-serbia--promocija-za-32-grada/

    ReplyDelete
    Replies
    1. Some good deals such as Zurich for 120 euros and Stockholm for 140, but I closed the tab when I saw Sarajevo for 140.

      Delete
    2. @ Aleksandar

      I think the promotion is just more marketing then anything. Ive seen cheaper tickets with JU to a couple of these destinations without this 'promotion'. It brings out the JU brand along side the words of attractive fares. Not the first and not the last.

      As for SJJ, JU has great loads on these flights. Flew the line recently, both on ATR, both flight solid loads. Quite a number of business pax on board, suprised to hear a couple pax speaking in Turkish. SJJ definately could do with some more frequencies.

      Delete
    3. I think they need to make SJJ double daily as soon as possible. I understand that the airport is closed during the night so they can't do a night flight, but they should do an afternoon departure, in the same wave as Zagreb, Ljubljana, and Vienna.

      Another ATR is urgently needed, I think.

      Delete
    4. An afternoon departure could easily feed the night departures such as Moscow, Beirut, and Abu Dhabi.

      Delete
  19. Good news, exactly what I suggested about 2 years ago, stick with European flights , and make time schedules that make good sense for either direct or transit passengers. CRJ 900 are only 5 years old and will compliment the Q-400 fleet, better to be 90% full in a 90 seater than 50% full in the Airbus 150 seater! With the new Zagreb terminal the future can be bright with the right strategy!

    ReplyDelete

Before posting a comment be mindful of other participants and readers. EX-YU Aviation News does not tolerate insults, excessive swearing, racist, homophobic or any other chauvinist remarks or provocative posts with the intention of creating further arguments. Such comments will be deleted as soon as possible. The opinions expressed by those providing comments are theirs alone, and do not reflect the opinions of EX-YU Aviation News. Thank you for your cooperation.