Emission prices CO2 recorded a significant increase so that in the period from January to September 2019 the cost of ETS and fuel increased by HRK 6,3 million compared to the same period in 2018. Also, the costs of passenger services are higher due to the increase in cabin crew costs (+1,2 million kuna) by applying the benefited length of service since the beginning of this year, in accordance with the legislation, and the increase in the cost of passenger fraud. Sales and promotion costs were up 1,7 percent while other expenses rose due to higher expenses in previous years. Other cost categories were lower than last year. Although the profit was realized in the second and third quarters, it is not enough to cover the losses of the winter period of low demand on the Croatian aviation market, and in the period January – September 2019. realized operating loss in the amount of HRK 30,4 million. With a net financing result, the final loss is HRK 48,4 million. Operating revenues in the period January – September 2019 were 1,4 percent higher compared to the same period last year. With the retention of the same number of transported passengers as in the period January – September 2018. and revenues from passenger traffic are at the level of the same observed period in 2018. Operating expenses in the said period were 1,3 percent higher compared to the same period in 2018. The largest increase was recorded in depreciation costs due to the application of the international accounting standard IFRS 16, which had a negative impact on the achievement of business results, primarily due to an increase in depreciation costs, which, together with depreciation based on mandatory major fleet / engine work, increased by 82 million kuna. The application of IFRS 16 also brought changes in the cost structure, which consequently affected the increase in the EBITDA performance indicator by almost HRK 83 million compared to the realization in the first nine months of 2018. The net effect on the result, which arose from the change in the method of recognizing operating lease costs, amounted to HRK 11,2 million, which is an increase in total costs compared to the previous bookkeeping treatment. In the period January – September 2019, a total of 1,701.571 passengers were transported, which is at the level of the same period last year. The passenger occupancy factor (PLF) increased by 0,1 percentage point, amounting to 73,8 percent. In international regular traffic, 2 percent more passengers were transported, while in domestic regular and charter traffic, a smaller number of passengers was realized compared to the same period in 2018. In the third quarter of 2019, the Croatian national carrier Croatia Airlines recorded an operating profit of HRK 49,3 million and a net profit of HRK 41 million.