Croatia Airlines sees 89% decline in bookings in Q1


Croatia Airlines has registered an 89% decline in bookings during the first quarter of the year when compared to the same period in 2020 as the coronavirus pandemic continues to ravage the aviation industry. The global health emergency only partially affected the first quarter of last year, while ticket sales were also higher in early 2020 due to Croatia’s Presidency of the Council of the European Union. The Croatian carrier said bookings were down on all routes and markets during the first three months of 2021. “The pandemic has changed booking dynamics. Select markets which had a high volume of early bookings now have negligible numbers. On other markets, primarily those in Europe, we expect late bookings, which will, in large part, depend on the epidemiological situation and restrictions in each country”, Croatia Airlines said.

During the first quarter, Croatia Airlines handled 72.263 passengers, representing a decrease of 73% on Q1 2020. Of those, a total of 45.288 were handled on scheduled international flights, down 78%, while 25.393 flew on domestic services, representing a decrease of 61%. Charter flights accounted for the remaining 1.582 travellers. The average cabin load factor over the same period stood at 44.8%, down 15.3 points. The cabin occupancy on international flights amounted to 49.7%, down eleven points, while the domestic load factor decreased by 21.3 points to 35.2%. The amount of transported cargo fell by 41%.

Commenting on its operational performance in the first quarter of 2021, the carrier noted, “The start of the year has been weaker than expected for Croatia Airlines. Bookings are still in decline on all routes and markets. Considering the situation, the focus has been on those markets where there is still some demand. As a result, the timetable is being constantly optimised. The company stands ready to launch or restore select routes, as well as add additional frequencies on existing services if there is an increase in demand”. It added, “The tourist season will in large part depend on the epidemiological situation in Croatia. We have drafted this year’s summer timetable to include eighteen European destinations from Zagreb, Dubrovnik and Rijeka. Croatia Airlines’ timetable is subject to ad hoc modifications, as is the case with all other airlines”.


Comments

  1. Anonymous09:02

    Ouch

    ReplyDelete
    Replies
    1. Anonymous11:42

      The "Ouch" Guy again...

      Delete
    2. Anonymous12:11

      This time he surely has right...This is big ouch.

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    3. Anonymous16:55

      He's a troll. Ignore it.

      Delete
    4. Anonymous17:45

      hehe, troll that speaks the truth :)

      Delete
    5. Anonymous18:03

      Yeah, very contructive one word comment. It's probably 13 maybe 14 years old.

      Delete
    6. Anonymous18:47

      It sublimates OU situatuon very well.

      Delete
    7. Anonymous20:53

      OUch would be the perfect word to describe OU !

      Delete
    8. Anonymous08:06

      OUch is to OU what Jatovanje was to Jat back in the day.

      Delete
  2. Anonymous09:03

    Just goes to show how bad this crisis still is.

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    Replies
    1. Anonymous10:53

      Nothing better could be expected in these times.

      Delete
  3. Anonymous09:07

    Baš loše a dobili su tolike pare od države.

    ReplyDelete
  4. Anonymous09:07

    What's going to happen with OU this year?? Not sure government will be allowed to give more funds, Ryanair is coming...

    ReplyDelete
    Replies
    1. Anonymous09:35

      I think the government will find ways to pump money.

      Delete
    2. Anonymous10:01

      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.

      Delete
  5. Anonymous09:08

    44% load factor :O not saying it was any better at others but this is sad

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    Replies
    1. Anonymous09:16

      Do we know LFs of other airlines?

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    2. Anonymous09:25

      We know that JU has ca 70% to JFK

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    3. Anonymous10:09

      44% isn't that bad given the times we live in.

      I doubt many European airline have much better numbers these days.

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    4. Anonymous10:10

      Yes but that's 44% mostly on the Q400. That means that on average they had something like 50 passengers.

      Delete
    5. Anonymous08:48

      I think KLM is killing them. KL has two flights today one on E75 and the other on B737. Meanwhile OU is sending Q400 to AMS.

      Delete
  6. Anonymous09:36

    Sad

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  7. Anonymous09:36

    Even if we take in consideration all the circumstances this is terrible result especially if we know that CRO citizens do not have limitations for entering other EU countries and the other part of the region has.

    ReplyDelete
  8. Anonymous09:47

    Well no wonder... they hardly have any flights

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    Replies
    1. Anonymous09:56

      Sunday is always among the busiest days of the week and they have only two flights on A319: CDG and DBV. Disaster.

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    2. Anonymous10:41

      And DBV is PSO flight...

      Delete
  9. Anonymous09:50

    Guys, I don't like this at all.

    ReplyDelete
  10. Anonymous10:02

    it's a question of yes or no on the bankrupcty question at the moment unfortunately.

    ReplyDelete
    Replies
    1. Story will end up as with Adria, by then everyone was also screaming that eu will save us and there are plenty of carriers 😂

      Delete
  11. Anonymous10:09

    not sure they will see 2022 ...

    ReplyDelete
  12. Anonymous10:11

    The domestic LF is very low. I thought domestic flights were recovering the quickest in all countries.

    ReplyDelete
    Replies
    1. Anonymous15:38

      It would recover if the price for return ticket isn't 150eur (without baggage)

      Delete
    2. True story from the very beginning of OU : Their ZRH flights had about 30 % LF and SKP had around 50 % LF. On regular meeting, representative from ZRH guaranteed to fill with transfer passengers both ZRH and SKP with minimum 90 % LF, providing OU lower its prices which were higher than those of Swiss Air, at the time the World 's best airline, by 10 % only, and make it equal with Swissair' s. CEO 's answer was : No, we are not lowering prices. The same mindset is still on.

      Delete
  13. Anonymous10:32

    I think OU is one of the few airlines in the world that saw a reduction in cargo! Almost everyone has rising cargo numbers.

    ReplyDelete
  14. Anonymous10:49

    This is bad.

    ReplyDelete
    Replies
    1. Anonymous10:50

      Well it's not really surprising. It's not like any airline had a good result...

      Delete
    2. Anonymous12:12

      Let me remind you that even before pandemic OU was in terrible situation begging for 33 mil EUR free money that they got from Government.

      Delete
  15. Anonymous10:52

    Expected

    ReplyDelete
  16. Anonymous10:52

    Not looking good. Bookings for the summer should have picked up in March.

    ReplyDelete
    Replies
    1. Anonymous10:54

      The situation in Europe with the virus was catastrophic from January - March. Most people were in lockdown. No one was thinking about holidays.

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    2. My bet bookings will start middle of may, as now in some countries cases already dropped from some 2k to just slightly over 100p.d.

      Delete
  17. Anonymous10:59

    It's depressing.

    ReplyDelete
  18. Anonymous11:00

    LF really low. Understandable of course.

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    Replies
    1. Anonymous11:00

      Imagine if they didn't have the Q400.

      Delete
    2. Anonymous11:03

      Shows they made the right decision.

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    3. Of course. They made right decision 25 years ago when literally overnight DC-10 which was about to come was switched with ATR. And they made good decision when decided to completely let go most lucrative long-haul market. And they did right decision not to compete on the coast and let others take all advantages of tourism. And they made right decision for switching ATR to Q400. And they made right decision not paying attention to cargo, second most lucrative part. And they made good decision to remain tiny and insignificant, and at the same time unprofitable, instead of growing, for what they had all prerequisites. And they made right decision to have double number of administrative employees who don't give a sh.t about company than actually needed, and many many more good decisions they made during last 25 years, anticipating corona crisis and knowing they will mostly use Q400 for one year

      Delete
  19. Anonymous11:01

    :(

    ReplyDelete
  20. Anonymous11:06

    Wonder what their best performing route is.

    ReplyDelete
  21. Anonymous11:15

    Unfortunately this year is going to be dead too.

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    Replies
    1. Anonymous11:16

      That does not seem to be the case with many other airlines.

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    2. Anonymous21:32

      The first quarter was a disaster for all European airlines.

      Delete
  22. Anonymous11:32

    Results won't be any better in the second quarter.

    ReplyDelete
    Replies
    1. Anonymous11:39

      Everyone is in the same boat.

      Delete
    2. Anonymous12:05

      Unless you are a US or Chinese airline.

      Delete
    3. Anonymous12:41

      Airlines are already improving in Q2 because of holiday demand. Around Easter there were 500 flights from Germany to Mallorca. I think the problem is that demand to HR is soft

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    4. Anonymous21:31

      Demand is quite good considering the situation actually. It all depends on the virus situation and which countries require you to quarantine upon return from Croatia. There is a reason Croatia has the most new flights from EX-YU this summer.

      Delete
  23. Anonymous11:55

    How much was the lost in Q1?
    LX had 201Mil. OS 100 Mil.

    ReplyDelete
  24. Great , the aircrafts are causing much pollution . We have to take step back and respect nature

    ReplyDelete
    Replies
    1. Especially those registered 9A. Other registrations are more environmentaly friendly. But thanks God we have OU management, so aware of the pollution which is made, particularly by their aircraft, and so willing to preserve the Earth.

      Delete
    2. Anonymous15:40

      @13:16 lol you made me laugh...good one!

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    3. This comment has been removed by the author.

      Delete
  25. Anonymous20:35

    the figures mentioned aren't surprising.

    ReplyDelete

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