Croatia Airlines expansion under new owner
Croatia Airlines has said it has no plans to add new routes to its network in 2019, following three years of continuous expansion. The carrier noted, "For any further growth and the opening of new routes, Croatia Airlines will require additional aircraft. The expansion of our fleet and network is foreseen through the company's recapitalisation under the Croatian government's National Reform Programme". Croatia Airlines added a total of twelve new routes over the past three years, most of which are maintained on a seasonal summer basis. The network growth has been enabled through the lease of two additional aircraft over the summer months.
Speaking to EX-YU Aviation News, Croatia Airlines said, "Through a decision passed by the Government of the Republic of Croatia on January 4, 2018, Croatia Airlines was put back on the list of companies of strategic and special interest to the Republic of Croatia, and on April 26, 2018 the government passed the National Reform Programme. The goal of this is to ensure the company’s further development, and to strengthen the competitive advantages and position of Croatia Airlines on the air traffic market via a quality strategic partnership. This would include an expansion of the company’s flight network, an increase in Croatia Airlines' market share, and recapitalisation for the purpose of facilitating the future development of Croatia Airlines".
The company noted that its main goal in 2019 is to ensure stability in the increasingly volatile air transport sector. "Croatia Airlines will continue to focus on managing all business risks, and on ensuring the best possible conditions for regular business operations. Jet fuel prices are expected to continue being the most significant risk, and the company will, in that regard, try to reduce its negative effects on the company’s overall business operations". It added, "The further improvement of the quality of service and network business model are also the company’s goals, as well as further investment in the fleet in order to maintain the highest level of flight safety".
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