Croatia Airlines increases net loss in nine months ended Sep-2018

    Croatia Airlines reportedly incurred a HRK34.4 million (EUR4.6 million) net loss in the nine months ended Sep-2018, despite a HRK45.2 million (EUR6.1 million) profit in 3Q2018 (n1info.com/total-croatia-news.com, 31-Oct-2018). Operating revenue increased 5% year-on-year. The carrier attributed the negative financial result to the increase in fuel prices and the effects of strikes in summer 2018.