Strong growth for Croatia Airlines in 2011
Croatia Airlines is heading towards one of its best years on record. The flag carrier is only a few weeks away from carrying its millionth passenger for the year and is outperforming other EX-YU airlines. In May alone the airline saw a 20% passenger increase. The improving figures are on the back of a resurgent tourism industry, increase in domestic travel and a sharp increase in flights from secondary hubs. Croatia Airlines has launched several new routes this summer, particularly from Dubrovnik. The number of scheduled flights has increased by 18% and the airline’s average cabin load factor has also jumped from 67% last year to 74.7% in 2011.The peak summer season is just about to begin and judging by the airline’s booking numbers further growth is yet to come. In the week starting June 27 and ending July 3, Croatia Airlines saw a record number of bookings. Within 7 days the airline had 48.427 bookings.
However, it’s not all smooth sailing for the national airline. Its losses are continuing to mount despite an increase in passenger numbers. Furthermore, from next year Croatia Airlines is expected to get more competition from its Zagreb hub as the country heads towards European Union membership.
Passenger wise, Croatia Airlines recorded its best year in 2008 when it handled 1.870.000 passengers with an average cabin load factor of 65.2%.
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