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| Passenger numbers improve as financial losses widen at Croatia Airlines |
Croatia Airlines has posted mixed quarterly results, with passenger numbers improving and losses widening. The carrier handled 302.053 passengers during the first three months of the year, an increase of 3% compared to the same period in 2014. As a result, the airline positioned itself as the second busiest national carrier in the former Yugoslavia. A total of 82.123 passengers travelled on domestic flights, down 1%, while 215.345 travellers were welcomed on board international services, an improvement of 6%. The remaining 4.585 passengers flew on charter flights, down 26% year-on-year. However, charters accounted for only 2% of overall traffic. The average cabin load factor stood at 61.1%, which is 1.1% higher than last year.
Overall, Croatia Airlines saw its passenger numbers improve on flights to and from France (+57.4%), the Netherlands (+29.4%), Bosnia and Herzegovina (+13.9%), the United Kingdom (+13.1%), Switzerland (+7%) and Belgium (+3%). On the other hand, the carrier recorded poorer results on services to and from Austria (-13.2%), Macedonia (-5%) and Germany (-3.7%). Passenger numbers on other markets increased a total of 5.3%. Ticket sales were up 5%, with the greatest increase recorded in North America (+21%) and Europe (+11%, excluding Croatia). The greatest decline in sales was registered in Australia and New Zealand (-49%) and Croatia (-12%). During the first three months, the airline operated 5.079 flights, down 2% on the same period last year.
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| Q1 passenger numbers by market |
On the financial front, the Croatian carrier’s consolidated net loss widened 17% to 12.6 million euros, up on last year’s 10.8 million euro loss. Unlike its counterparts in Serbia and Slovenia, Croatia Airlines provides quarterly profit figures. The airline says its financial performance is usually poorer in the first half of the year due to the strong seasonality of the Croatian market. The carrier increased expenditure by 2%, while revenue fell 6% on last year. It spent most on flight operations, passenger services and promotions and sales. At the end of the first quarter, Croatia Airlines had 890 employees and twelve aircraft. Due to both planned and unscheduled maintenance of its aircraft, the airline has been forced to conclude short-term leases of additional jets over the past few weeks including Montenegro Airlines’ Embraer E195, Trade Air’s Fokker 100 and Moldavian Airlines’ F100.
EX-YU airline Q1 2015 passenger numbers:
| Airline | PAX | Change (%) |
|---|---|---|
| Air Serbia | 453.000 | ▲ 26 |
| Croatia Airlines | 302.053 | ▲ 3 |
| Adria Airways | 203.663 | ▲ 8 |
Comments
GO JU
Aftakanaaaaaaa
Financial figures very poor.
So conclusion BAD MANAGEMENT because at the end what counts is the financial figures .
A tek na leto ne verujem da ce se nesto narocito popraviti oko chartera posto je navala od LCC toliko vlika.
Nikog iz vrha CTN ja mislim ni ne zanima da popravi stanje .
http://www.exyuaviation.com/2015/01/wizz-growth-hits-competition-in-skopje.html
They need to rethink their strategy for that market.
This is good news for people that don't understand the airline business. Because at the end of the day the financial results cout nothing more nothing less.And the Ceo Kucko knows that as what I understand he comes from sales.
Time will tell what will happen in the end.
APJ is offline since Apr 13 and that means three working weeks. My car mechanic would install WiFi in less time, and he has an IQ of a room temperature. Jat Tehnika already installed it before, it was on a 737 for Transaero, but it didn't take that long. WiFi has been installed before in AUH.
Something smells funny here, but it does not look like wifi installation. Either APJ had some other issue, or it's really parked aside for some reason.
When will OU stop selling whatever they sell and present it as positive financial result at the end of the year?
http://www.messynessychic.com/2014/03/13/lets-reminisce-airplanes-piano-bars-cocktail-lounges-pubs-restaurants/
Whatever they decide to sell, for sure it's not gonna be the most attractive part of the Sava coast in the center of Zagreb, or agricultural land in Slavonia. Ko razume shvatice. Cheers!
Whatever they decide to sell, for sure it's not gonna be the most attractive part of the Sava coast in the center of Zagreb, or agricultural land in Slavonia. Ko razume shvatice. Cheers!
I tako sto lupate kako se vracaju 2 733 .
INN-NS
INN-NS
https://scontent-vie.xx.fbcdn.net/hphotos-xpa1/t31.0-8/11174391_10153256168271575_8909738592888431640_o.jpg
And the one for OMB @ Radisson does not do a thing for appetite, Westerner or a not, it’s a raw meat. I saw new Raddison but havent' eaten at the restaurant yet, and food on their site looks much better. But that ad is not even appropriate for a Korean BBQ restaurant if you know what I mean.
Each of the 3 above mentioned airlines has some advantages, compared with the others : JP has foreign bases&markets and long tradition in charters, OU has domestic flights, multiple airports, coast& tourism, while JU has new management, strong EY as investor, and transit passengers. All countries are successors to ex-Yugoslavia, and were 3 most developed republics within it. So, it would be logical that country population corresponds with the number of passangers carried, in ratio. So, if Slovenia has roughly speaking 2 million inhabitants, and JP 200.000 pax transported in Q1, than Croatia with its 4 million inhabitants should have 400.000 pax transported by OU, and Serbia with its 8 million people some 800.000 pax moved in Q1 15. And now just a question for ASL fan boys, especially INN-NS : ko je ovde lider u regionu?
Ako je kriterijum za lidera broj putnika nacionalnog avio prevoznika u odnosu na broj stanovnika u zemlji? Pa I to je lako, lider je Montenegro Airlines, vidi http://www.exyuaviation.com/p/montenegro-airlines-records-major-2014.html za broj putnika prosle godine, a wiki za broj stanovnika.
Glup ti kriterij kako okrenes.
INN-NS
INN-NS
INN-NS
INN-NS yes we know that, but the thing we are confused is to why it is taking so long. If they continue at this pace then they might have 3 aircrafts with wi fi by summer.
INN-NS
YU-APJ is being installed wifi and should be flying in the next couple of days. Wifi instalation is being done in BEG by Jat Tehnika. YU-API is next to get wifi and has been removed from service.
Please, don't speak about things you don't know. I work for JU and I was present at all meetings when the proposal for W15 arrived from AUH.
Scheduling is done in AUH, not in BEG.