Croatia Airlines registers biggest loss since Covid pandemic

Croatia Airlines recorded a net loss of 38.8 million euros in 2025, marking its worst financial performance since 2020 when the aviation industry was hit by the onset of the coronavirus pandemic. The financial impact of its ongoing fleet renewal program continued to weigh heavily on results. The carrier generated total operating revenue of 269.4 million euros, up 6% on the previous year. Passenger revenue, which accounts for 84% of total operating income, rose 2% to just under 225 million euros.