Croatia Airlines reported a €20.9 million loss for the first nine months of 2025, blaming higher leasing, maintenance and transition costs tied to late Airbus A220 deliveries. Management says the fleet renewal remains strategic despite the short-term financial hit during the summer capacity squeeze.
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Briefing
Croatia recorded a €20.9m loss in the first nine months of 2025, explicitly linking the hit to increased leasing and maintenance expenditures after late A220 deliveries, a direct example of delivery timing affecting airline profitability. (see: late A220 deliveries)
The carrier’s pain mirrors broader A220 programme strains — production ramp delays and supply-chain constraints, and engine reliability issues, have forced operators into wet‑leases or higher maintenance bills, amplifying cost pressure across the market. (see: A220 production ramp; PW1500G faults ground nearly 22% of global A220 fleet)
Despite losses, Croatia is already accepting A220s as part of its renewal, demonstrating how airlines proceed with fleet modernisation even when short-term cashflow and leasing dynamics deteriorate. (see: Croatia Airlines becomes fifth A220-100 operator)
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