The Croatian airline is over the mountain. And implement the recapitalization plan.
A total of over 46,2 million euros flowed. Croatia Airlines issued 35 million new shares, all of which were acquired by the government in order to bring the finances back into shape - namely at pre-crisis level. The company now has a share capital of 82,6 million euros, such as exyuaviation.com reported. In addition to the capital increase, the government had previously provided the airline company with EUR 33,2 million in equity loans and EUR 11,7 million in direct aid. The European Commission gave its green light. Croatia is cautiously optimistic about the future. "We will be able to gradually increase our capacities over the course of the year," said the airline.