First of all, Greece is without a doubt a more expensive country to live in than Croatia. 'Greece generally is cheaper than Croatia which is another indicator my claims might be correct.' What share of that cost is net salary for the employee, tax, pension fees etc.

'Not clear from your post is average hourly cost higher than in Croatia before or after taxation.' Greece? If not, I don't see how the 50% average labour cost difference can vanish.

If we fail to succeed, the state will be responsible”.ĭo the salaries differ vastly in their relation to the average in Croatia vs. The challenge remains finding a strategic partner. We expect that with the return to normality, Croatia Airlines’ business will stabilise but not in its entirety. We had two very serious offers, but the pandemic halted all activities. Prior to the health emergency, the airline was in the final stages of securing a strategic partner. Mr Butković said, “Croatia Airlines had issues even before Covid. Croatia’s Minister for Sea, Transport and Infrastructure, Oleg Butković, said earlier this month that the country’s national carrier will have to undergo restructuring and a fresh attempt will be made at privatising the airline once the effects of the coronavirus pandemic have subsided. Aegean has been exemplified as an airline that makes effective use of tourism growth in its home country, which the Croatian carrier is perceived to be missing. On the other hand, Croatia Airlines registered a loss of over ten million euros in 2019, had 1.000 employees on the books, carried 2.1 million passengers on twelve aircraft with an average annual cabin load factor of 73.6%. It employed some 2.900 people that year, carried fifteen million passengers and registered an average cabin load factor of 84.8% across a fleet of 64 aircraft at the time. Aegean has been continuously profitable since 2013 up until the Covid crisis, registering a record 79.5-million-euro profit in 2019.

The similarities between the two mostly end there.

Euro caffe