Croatia Airlines to focus on risks and quality in 2019, slowing growth until recapitalisation

29 January, 2019

Croatia Airlines reportedly plans to focus on stability, risk management and quality in 2019, while slowing network expansion (EX YU Aviation News, 28-Jan-2019). The carrier requires additional aircraft to support further network expansion and expects fleet expansion to follow recapitalisation. Croatia Airlines reportedly plans to select a financial advisor by the end of Jan-2019, with the advisor to assist the carrier in preparing a recapitalisation plan and the selection of a strategic partner, as previously reported by CAPA.