October 31 (SeeNews) - State-controlled flag carrier Croatia Airlines [ZSE:CRAL-R-A] said on Thursday its consolidated net loss widened to 48.4 million kuna ($7.2 million/6.5 million euro) in the first nine months of 2019, from 34.4 million kuna in the like period of last year.
Total consolidated revenues edged up 0.6% year-on-year to 1.343 billion kuna in the January-September period, while total costs rose to 1.39 billion kuna from 1.36 billion kuna, Croatia Airlines said in a filing with the Zagreb Stock Exchange (ZSE).
Croatia Airlines carried 1.702 million passengers in the nine months through September, down 0.1% on the year.
The passenger load factor edged up to 73.8% in the first nine months of 2019 from 73.7% in the comparable period of last year.
Croatia Airlines' shares last traded on October 17 on the ZSE when they closed at 34 kuna, down 2.86%.
(1 euro = 7.45666 kuna)