Croatia Airlines report a net loss of €13.1 million in first nine months of 2022

Croatia Airlines has reported a net loss of €13.1 million during the first three quarters of the year as against a loss of €6.5 million during the same time in 2019. However, the airline reported a net profit of €8.6 million in the Q3 of 2022, marking the airline’s first profitable quarter since the start of the pandemic. The third quarter is typically the strongest for Croatia Airlines, as it is the flag carrier of popular summer destinations. The airline said that its financial result was affected by the rising fuel prices that negatively impacted its balance sheets by €23