economy
March 1, 2026
Biggest Loss in 6 Years
The carrier generated total operating revenues of 269.4 million euros, an increase of 6% compared to the previous year.
TL;DR
- Croatian Airlines reported a net loss of €38.8 million in 2025.
- This is the worst financial result for the airline since 2020.
- Total operating revenues increased by 6% year-on-year to €269.4 million.
- Passenger revenues, making up 84% of total operating revenues, grew by 2% to nearly €225 million.
- Operating costs increased by 13% to €305.7 million.
- Significant cost increases were seen in aircraft leasing, air traffic and airport services, maintenance, and EU Emissions Trading System CO₂ costs.
- Aircraft leasing costs alone rose by €14.4 million due to the introduction of new Airbus A220 aircraft.
- Fleet renewal transition costs amounted to €21.2 million.
- Lost charter flight revenue due to Middle East events was approximately €2.6 million.
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