Article Tools

Croatia: Plans For Croatian Airlines’ Bankruptcy

Published: May 21, 2013; 15:06 · (Vindobona)

The Croatian government has started planning in case of its national carrier declaring bankruptcy.

Croatia: Plans For Croatian Airlines’ Bankruptcy / Picture: © Croatia Airlines

The Croatian government has begun planning in the event of its national carrier having to declare bankruptcy as the airline’s pilots and cabin crew enter a sixth consecutive day of industrial action. The airline is incurring expenditures at an alarming degree as it has been forced to lease foreign aircraft and crew to partially maintain its operations. In addition, a lot of passengers…

This article includes a total of 322 words.

or Log In