Croatia Airlines has reported a challenging first half of 2026, with financial results reflecting a substantial increase in losses. The carrier recorded an operating loss of €36.8 million, representing a 73% decline compared to the same period in the previous year. Net losses climbed even more sharply, nearing €50 million. According to FlightGlobal, these figures were negatively impacted by a combination of fluctuating fuel prices and unfavorable exchange rates, which contributed to a €16 million increase in net financing expenses.

While the airline saw an initial growth in passenger traffic during the first five months of the year, this momentum was offset by rising operational costs. A primary strategic focus for the company remains the transition to an Airbus A220-heavy fleet. However, management noted that operating a multi-type fleet—currently comprising A220s, A319s, and Dash 8s—has introduced significant operational complexities. These include the necessity for precise resource planning, technical team strains, and the logistical burden of retiring older aircraft models.

Ongoing hurdles include maintenance delays for two De Havilland Dash 8-400s awaiting return to lessors, which continue to accrue lease costs, and the aftermath of a May runway excursion involving one of the airline's newer A220s. Despite these setbacks, leadership views the fleet renewal as the most critical step toward long-term sustainability. The airline intends to complete the removal of several aging aircraft by year-end, while continuing to integrate the new Airbus fleet to streamline future operations and improve cost efficiency.