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Aircraft and carriers. Croatia Airlines: government approves financing before EU legislation can forbid it

Zagreb, Croatia - The carrier has to face a fierce competition in its Zagreb's main hub

As announced in the past days, the Croatian government has approved a 106-million-Euro capital injection for Croatia Airlines, the State-owned carrier, in an attempt to take it back to profitability in 2013. The government backing has been put in place now because from July 1st, 2013 Croatia is set to become the 28th member state of the European Union, and the EU regulations could make difficult such...

AVIONEWS - World Aeronautical Press Agency - 1147678

AVIONEWS - World Aeronautical Press Agency
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