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Croatia Airlines sees 95% booking decline

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NEWS FLASH


Croatia Airlines has been forced to cancel some 3.200 flights through March and April as a result of the coronavirus Covid-19 outbreak or some 71% of its planned operations. A total of 87.500 passengers were booked to fly on these services. Furthermore, the carrier reported its bookings declined 56% in March and a further 95% in April. The carrier said its losses will depend on the dueation the ongoing health crisis but expressed confidence it would weather the storm. Croatia Airlines has trimmed its commercial route network to a single daily rotation between Zagreb and Frankfurt.

April 15, 2020
Covid-19 croatia croatia airlines Newsflash Results 2020 Summer 2020 zagreb
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Comments

  1. Anonymous13:49

    Do we know how many of these cancellations were from the coast?

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  2. Anonymous13:53

    With Corona infections and unemployment on the rise over here I expect more cancellations coming our way.

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  3. Anonymous15:28

    This will be a very sad year for Croatian aviation but OU will profit from reduced competition

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  4. Anonymous18:08

    OU will profit the most from government/EU helicopter money the most, because now they will be able to take money legally. even when they didn't have that many competitors they weren't exactly profitable.

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  5. Anonymous19:09

    Corona is God sent for OU....they will get as much free money as they want - legally! and wipe out the “sins” of bad decisions and breath new life for a good future.

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    1. Anonymous19:20

      It's just delaying the inevitable. If the modus operandi is the same, they will run out of money again eventually.

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    2. Anonymous20:23

      but in the good old fashion it will then be a problem of some other CEO and reponsibility of some other politicians. so everything is peachy.

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  6. Anonymous19:56

    Croatia will not be the only one to get helicopter money.

    All flag carriers will get it in enormous amounts so it is not going to be any advantage for OU

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  7. Anonymous20:17

    duration*

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  8. Anonymous20:21

    who's talking about any advantage. it's a question of yes or no on the bankrupcty question. with helicopter money they won't be insolvent in a year.

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    1. Anonymous22:44

      Until they spend it all in few years time

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  9. Anonymous21:22

    It is not true Croatia is flying just Zagreb-Frankfurt. It also flies Zagreb-Brussels on Mondays and Fridays.

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    1. Anonymous21:24

      Brussels is cancelled. Inform yourself on their website.

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