Trade Air D.o.o.

What Trade Air D.o.o. does

Trade Air D.o.o. is a privately held Croatian airline founded in April 1994 and headquartered in Velika Gorica near Zagreb, operating a fleet of five aircraft (four Airbus A320 narrow-bodies and one Saab SF34 turboprop). The company generates revenue from three streams: scheduled domestic passenger flights on Croatian Public Service Obligation (PSO) routes connecting Osijek, Zagreb, Pula, Split, Rijeka, and Dubrovnik; charter services for European tour operators and corporate clients; and cargo transportation including specialized ad-hoc missions. In 2024, the airline operated 6,645 flights carrying 529,707 passengers to 179 destinations across 12,850 block hours.

The business operates under a dual GTM model combining direct-to-consumer ticket sales via the World Ticket online booking portal with B2B channel partnerships. The charter segment is anchored by long-running relationships with Slovenian tour operators (Palma, Kompas, Relax), Austrian travel agency Idealtours, and an ACMI/wet-lease arrangement with MyWings. Revenue mechanics mix PSO route subsidies (regulated recurring), quote-based charter contracts (typically multi-year with tour operators), and one-time cargo/ACMI engagements. The company holds IOSA safety certification for 15 consecutive years and has extended operations to Europe, Africa, the Middle East, and Asia on an ad-hoc basis.

Technically, the platform stack is conventional airline operations rather than proprietary technology: World Ticket for booking and reservation, CorvusPay for PCI DSS Level 1 payment processing, Google Analytics for web analytics, and Google AdWords for advertising. No AI/ML capabilities, proprietary models, patents, or differentiated digital products are evident. The asset-heavy model relies on fleet capacity, regulatory access (PSO contracts), and operational safety credentials as the primary competitive dimensions, with recent fleet expansion (two new A320s in 2025) and diversification into ACMI signaling the current strategic direction.

Name

Trade Air D.o.o.

Legal name

Trade Air d.o.o.

Website

https://trade-air.com

Company type

Private

Founded year

1994

Operating status

Operating

Short description

Trade Air D.o.o. is a privately held Croatian airline founded in 1994 operating a five-aircraft fleet (Airbus A320s and a Saab SF34) on domestic PSO routes, European charter services for tour operators, ACMI/wet-lease, and cargo missions.

Ownership category

akta.pro rank

Product category

Regional Passenger Air Transportation

NAICS

Nonscheduled Chartered Passenger Air Transportation (481211), Scheduled Passenger Air Transportation (481111), Other Nonscheduled Air Transportation (481219)

SIC

Air Transportation, Nonscheduled (4522), Air Transportation, Scheduled (4512)

akta.pro primary industry

Charter Airlines & ACMI / Wet-Lease Passenger Operators (TLAFAAAC)

akta.pro secondary industries

Public Service Obligation (PSO) Regional Operators (THABACAD), Island & Remote Region Regional Airlines (THABACAL), ACMI / Wet-Lease Cargo Operators (THABAEAC), Charter Air Freight Forwarding (Full/Part Charter, ACMI Brokerage) (TLACAAAC)

Keywords

• Scheduled passenger flights
• Charter flight services
• ACMI wet-lease
• Cargo air transportation
• Regional airline operations

Headquarters

HQ city

Velika Gorica

HQ country

Croatia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Scheduled Passenger Operations: Trade Air generates revenue through scheduled domestic flights within Croatia on PSO (Public Service Obligation) routes connecting cities including Osijek, Zagreb, Pula, Split, Rijeka, and Dubrovnik. They also operate international charter routes to destinations across Europe.
2. Charter Flight Services: Aircraft rental and charter services offered to business clients, tour operators, and event organizers. The company operates ACMI (wet-lease) arrangements providing aircraft with crew to other carriers.
3. Cargo Transportation: Trade Air was founded as a cargo carrier and continues to provide cargo flight services, including ad-hoc cargo operations and medical equipment transport.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Trade Air operates scheduled domestic passenger flights within Croatia on Public Service Obligation (PSO) routes connecting cities such as Osijek, Zagreb, Pula, Split, Rijeka, and Dubrovnik, and provides charter flight services to European and Mediterranean destinations for tour operators, travel agencies, and corporate clients. The company also offers ACMI (Aircraft, Crew, Maintenance, Insurance) wet-lease arrangements to other airlines and provides cargo transportation services, including specialized ad-hoc and medical cargo missions. Its fleet comprises Airbus A320 and A319 narrow-body aircraft supplemented by a Saab SF34 turboprop for regional operations.

Product overview

Trade Air D.o.o. is a Croatian airline company founded in April 1994, headquartered in Velika Gorica, offering scheduled passenger flights, charter transportation, and cargo services. The company operates a mixed fleet of 5 aircraft consisting of 4x Airbus A320 (including A320-214 and A320-216 variants) and 1x Saab SF34 for domestic PSO routes. Core offerings include scheduled domestic flights connecting Croatian cities (Osijek, Zagreb, Pula, Split, Rijeka, Dubrovnik) and international charter operations across Europe, Africa, and seasonal destinations. The airline serves business and leisure travelers through direct bookings via World Ticket platform and charter arrangements with tour operators. The company also provides cargo transportation including specialized missions. Recently celebrated 30 years of operations in May 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Scheduled Passenger Flights Regularly scheduled airline flights on domestic Croatian PSO routes (Osijek-Zagreb, Osijek-Pula-Split, Osijek-Rijeka, Rijeka-Split-Dubrovnik) and international European destinations, sold via direct online booking to individual travelers, tourists, and local residents.
• Charter Flights Charter transportation services for tour operators, travel agencies, and business clients, providing aircraft rental, seasonal charter flights to vacation destinations, and corporate travel solutions, primarily across Europe and the Mediterranean.
• ACMI Wet-Lease Operations Wet-lease arrangements providing aircraft together with crew, maintenance, and insurance to third-party airline partners that operate the aircraft under their own branding for capacity flexibility.
• Cargo Transportation Air cargo transportation services including ad-hoc cargo operations and specialized missions such as medical equipment procurement flights, available to corporate clients, governments, and logistics customers.

Quantifiable outcome

• Transports over 529,000 passengers annually across 179 destinations
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

Seven partnerships are on record, tiered core and major.

• World TicketcoreTechnology or IntegrationWorld Ticket provides the online booking engine for Trade Air ticket sales. The tradeair.worldticket.net platform handles flight search, reservation, and ticket issuance for passenger bookings.
• CorvusPaycoreTechnology or IntegrationCorvusPay provides secure payment processing services for Trade Air's online ticket sales, supporting credit and debit card transactions with PCI DSS Level 1 security standards and 3-D Secure authentication.
• Palma (Slovenian Tour Operator)majorChannel Partner/ Reseller/ DistributorSlovenian tour operator Palma charters Trade Air aircraft for seasonal flights to Mediterranean destinations including Greece, Spain, Egypt, and Portugal. Partnership has continued from previous summer seasons.
• Kompas (Slovenian Tour Operator)majorChannel Partner/ Reseller/ DistributorSlovenian tour operator Kompas operates regular charter flights with Trade Air aircraft to vacation destinations across Europe and the Mediterranean.
• Relax (Slovenian Tour Operator)majorChannel Partner/ Reseller/ DistributorSlovenian tour operator Relax provides regular charter flight bookings through Trade Air aircraft for summer season operations from Ljubljana.
• Idealtours (Austrian Travel Agency)majorChannel Partner/ Reseller/ DistributorAustrian travel agency Idealtours operates three weekly charter flights from Innsbruck to Greek destinations (Preveza, Kalamata, Thessaloniki) and Italy (Lamezia Terme) using Trade Air's F100 aircraft with 109-seat capacity.
• MyWingsmajorChannel Partner/ Reseller/ DistributorMyWings leases aircraft from Trade Air with crew (ACMI arrangement). Trade Air provides A319 aircraft 9ABTJ operating under MyWings branding for routes including Pristina.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Emerging players

• Sprint Air: Polish carrier operating a small fleet of turboprops and regional jets on charter and ACMI work across Europe. Comparable on small-fleet ACMI positioning and contract-driven revenue model, though with a different aircraft mix.
• BBN Airlines: Indonesia-based narrow-body carrier with European ACMI operations. Comparable on ACMI/wet-lease business line and narrow-body fleet, though operating from a different primary geographic base.

Direct peers

• European Air Charter: Bulgarian charter and ACMI operator with a narrow-body fleet serving European tour operators. Comparable on charter + ACMI dual model, smaller airline scale, and Eastern European operational base.
• Enter Air: Polish charter airline serving tour operators across Europe with a fleet of Boeing 737s, with a material ACMI/wet-lease business line. Closely mirrors Trade Air's hybrid charter-plus-ACMI model and Polish/Polish-adjacent tourism partner base.
• AirExplore: Slovak ACMI/charter airline operating Boeing 737s on behalf of European carriers and tour operators. Highly comparable on ACMI/wet-lease focus, narrow-body fleet, and Central European origin markets.
• Corendon Airlines: Dutch/Turkish charter airline affiliated with the Corendon tour operator group, operating Boeing 737s on European leisure routes. Comparable on tour-operator captive demand, narrow-body fleet, and Mediterranean network.
• Smartwings: Czech leisure/charter airline operating a fleet of Boeing 737s and Airbus narrow-bodies across European and Mediterranean charter routes, with significant ACMI/wet-lease operations. Highly comparable to Trade Air on customer mix (tour operators), geography (Central European + Mediterranean), and business model (charter + ACMI + scheduled).
• Freebird Airlines: Turkish leisure carrier focused on Mediterranean charter flights for European tour operators, including ACMI services. Comparable on tour-operator charter economics, narrow-body fleet, and seasonal European/Mediterranean network.
• GetJet Airlines: Lithuanian ACMI/wet-lease specialist operating Boeing 737s and Airbus A320s for European carriers and tour operators. Comparable on ACMI-heavy business model, narrow-body fleet mix, and pan-European customer base.

Broad incumbents

• Croatia Airlines: Croatian national carrier operating scheduled domestic and European routes with Airbus A220/A319/A320 aircraft. While primarily scheduled (not charter), it competes for domestic Croatian passengers on overlapping domestic corridors and shares the same Velika Gorica/Zagreb operational base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/tradeaircro
• LinkedInlinkedin.com/company/trade-air

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trade Air D.o.o.