SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Croatia Airlines to completely renew fleet by end-2027

Jun 18, 2024, 5:04:19 PMArticle by Annie Tsoneva
share
June 18 (SeeNews) - State-controlled flag carrier Croatia Airlines [ZSE:CRAL] said on Tuesday it plans to completely renew its existing fleet with new Airbus A220 airplanes by the end of 2027 in a bid to improve competitiveness and energy efficiency.

Croatia Airlines to completely renew fleet by end-2027
Source: Croatia Airlines

Following the arrival of the first aircraft in July, the second is expected by the end of the year. An additional six are scheduled for delivery in 2025, followed by four in 2026 and three in 2027. This fleet expansion will bring Croatia Airlines' total number of new A220 aircraft to 15, the company said in a press release.

The new airplanes will have capacities of 149 and 127 seats respectively, and are expected to achieve a 25% reduction in fuel consumption.

In November 2022, Airbus said it has signed a firm order for six new A220 passenger aircraft with Croatia Airlines. "Croatia Airlines plans to lease an additional nine A220s, taking its total commitment for the type to 15," the European aerospace manufacturer said back then.

In January, Croatia Airlines said it will transfer an existing deal with Airbus for the purchase of six new A220-300 aircraft to Griffin Global Asset Management and simultaneously lease the planes from Griffin.

Shares of Croatia Airlines last traded on April 9, closing flat at 5.00 euro ($5.37) on the Zagreb bourse.

($ = 0.932 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.