Croatia Airlines narrows cons net loss 20% in 2021
State-controlled flag carrier Croatia Airlines said it pared its consolidated net loss by 20% year-in-year to 288.2m kuna ($42m/E38m) in 2021, as the pandemic continued to weigh on air travel. The last two years were worst in the history of air transportation, the company said in preliminary annual financial report sent to the Zagreb bourse last week. Last year, Croatia Airlines carried 788,000 passengers, up 28% on the year but still far below the 2.179m passengers it carried in 2019. The company's operating revenue rose 12% on the year in 2021, reaching 848.2m kuna. Its operating loss narrowed by 26% to 249.7m kuna. The company's shares last traded on February 18, when they closed flat at 14 kuna.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2022-03-08/star/croatia-airlines-narrows-cons-net-loss-20-in-2021
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Croatia Airlines narrows cons net loss 20% in 2021
State-controlled flag carrier Croatia Airlines said it pared its consolidated net loss by 20% year-in-year to 288.2m kuna ($42m/E38m) in 2021, as the pandemic continued to weigh on air travel. The last two years were worst in the history of air transportation, the company said in preliminary annual financial report sent to the Zagreb bourse last week. Last year, Croatia Airlines carried 788,000 passengers, up 28% on the year but still far below the 2.179m passengers it carried in 2019. The company's operating revenue rose 12% on the year in 2021, reaching 848.2m kuna. Its operating loss narrowed by 26% to 249.7m kuna. The company's shares last traded on February 18, when they closed flat at 14 kuna.<br/>
