The President and CEO of the Etihad Aviation Group, James Hogan, has said that Air Serbia's service between Belgrade and New York's JFK Airport, launched nine months ago, is a "long-term investment", which will take several years to achieve its full potential. Speaking to the "Blic" daily, Mr Hogan said, "The introduction of flights to New York is a long-term investment for Air Serbia. Such routes usually take three to five years to achieve optimal results. What you get from the service to New York is an important air bridge between the United States, Belgrade and other destinations. If you take into account the Balkans and Eastern Europe, and if you take low cost carriers out of the picture, because we are not one of them, Air Serbia is, in my opinion, one of the leading smaller brands. That is not a bad result for just three and a half years".
Commenting on future expansion, Mr Hogan said, "It's not all about expansion. It is important for a company to be of the right size and form. In the past, many companies expanded too quickly and then collapsed. It is important that we strengthen what we have and make it more functional in the right way. Air Serbia has a good image, good people and good operational results. There is room for improvement in a commercial sense but it is important for Air Serbia to continue developing. It is very important to sell Belgrade as a tourist destination". Last January Mr Hogan said the Serbian carrier could expand its footprint in North America in two to three years. "We have already considered flights to Chicago and Toronto and these services could be introduced in two to three years. First off, the New York route must become functional. We don't want to make a decision that would set Air Serbia back", Mr Hogan said at the time.
Passenger numbers on Air Serbia's New York route have been 40% above the business plan within the first half year of operations, although yields haven't performed as hoped for, due to less Americans travelling on the route to Europe for fear of terror attacks, according to the airline. As a result, the carrier has reduced frequencies to New York from five weekly flights to three weekly outside of the peak summer travel season. Furthermore, the airline has said it will not take on additional long haul aircraft for the time being. Serbia's Prime Minister has previously noted that the airline's New York route would become profitable within three years of operations.

Comments
Whats that supposed to mean???????????
"It is important for a company to be of the right size and form. In the past, many companies expanded too quickly and then collapsed."
They should have thought about that before they started these flights.
Rubbish info. Then why is Norwegian, many US carriers and now Level on the rise opening so many routes between US and Europe?
They just don´t want to admit that the market is way too competitive. Especially when Norwegian further expands operations in Spain, France and UK this summer. Hogan can find another good excuse.
If they work hard they can make JFK 4x weekly + 1 charter to long-range tourist destination (Cuba, Dominican R, Mauritius, Bali). But for that they have to make huge coordinated business with agencies in Slovenia, Croatia, Hungary, Serbia, Montenegro, BiH, Macedonia, Romania, Albania, Bulgaria, Greece, Czech Republic... And sill I am not sure if they can do it.
good one! May be this is how they are counting there...
compared with
"Biće bolje za dve godine"
Notice the similarities?
The fact that an American was killed during the London attacks won't make things any better.
Come on, get serious!
If all solutions were so simple as sometimes seems from reading the "expert" comments, I am damn sure Air Serbia (and everybody else) would be doing it already.
On the other hand, EK will probably find other cities after MXP and ATH to connect NYC and this might be BUD or OTP.
The EU-US market is changing very quick and so should JU.
The ideal situation is to fly to more Balkan cities to ensure the flight will be well fed.
CLJ, LWO, KRR, ODS, TBS, SVX, DEB, KIV. Just look how many destinations!
Plus it is not rival to the Balkans. Completely different part of Europe, completely different markets.
Cheers!
Norwegian
LOT
Swiss
Air Lingus
Alitalia
Delta
American
Emirates from Europe...
wow
Iceland Air
they all open more flights on Europe-USA flights
So, it is very bad excuse.
- A330-300 instead A330-200
- 2 flights pw instead of 1 pw
- starting flights much earlier then last year
- first Vučić announcement: two years to make it profitable
- second Vučić announcement: 3 years to make it profitable
- now Hogan announcement: 3-5 years to make it profitable (read: 5 years)
So, it does not go like they plan. Not even near (from 2 to 5 years).
In the case of Emirates, their brand is so strong that they can solely rely on the O&D market. However, their ATH-EWR flights do get feed from Aegean's regional network, from destinations such as SOF, TIA...
Unlike JU, LO can conveniently offer connections from Finland, Sweden, Denmark, The Czech Republic, Hungary, Ukraine...
I am not justifying Air Serbia, I am merely pointing out the flaws in your argument.
http://hr.n1info.com/a186812/Vijesti/Franjo-Tudjman-ne-moze-se-mjeriti-s-Beogradom.html
Not everything is money, non of the countries in the region have it, and that is somehow cool and prestigious, for a cost of probably yearly one cent per person in Serbia
As you can see there are so many companies that increase a lot in TATL flights. And for sure potential passengers are more afraid to travel with Norwegian, Swiss, Aer Lingus and other western companies to western destinations than with Air Serbia to eastern destinations.
But still those companies have huge increase, and Hogan made that as excuse to Air Serbia?!?!?!?!
Nema nikakve logike to što govoriš!
Da je popunjenost toliko dobra linija bi od 10-11 i od 1-3 mjeseca bila sa 4 leta, a sve ostalo vrijeme sa 5, a nije tako ni izbliza.
Avion koji je na zemlji u prosjeku 3 dana u tjednu donosi velik gubitak (leasing, posade, osiguranje, troškovi stacioniranja...). Koji smisao je toga ako je popunjenost odlična?
4.700 radnih mjesta? E sad ga i ti kao i onaj prije lupaš iz rukava. Veće investicije iduće godine ista glupost kao i onaj iz Zagreba koji svake godine govori kako će iduće godine doći Delta, Korean, ANA, Air China, Aer Lingus, SAS, Alitalia, Tarom, Aegean, TAP... samo što nisu... Nema razlike tvojim prosipanjima brojki od tih koje kritiziraš.
Ali svkako bolje Transat 2x tjedno nego ništa!
Your argument would be valid if you knew where the point of sale was for all those airlines that added flights. Maybe they are seeing an increase in bookings in Europe, not the US.
Where does he say that? I know that is what they were claiming before the start of the flghts but today he said:
"The President and CEO of the Etihad Aviation Group, James Hogan, has said that Air Serbia's service between Belgrade and New York's JFK Airport, launched nine months ago, is a "long-term investment", which will take several years to achieve its full potential. Speaking to the "Blic" daily, Mr Hogan said, "The introduction of flights to New York is a long-term investment for Air Serbia. Such routes usually take three to five years to achieve optimal results"
That means that proftability is very far away into the future if it is ever achieved and certainly not in two years itme. Also there is zero mention of launching new long haul routes.
All flies in one catch ;-)
Hogan however deserves a praise for his outstanding work to transform JAT into Air Serbia. There would be no Air Serbia as it is now without him and Kondic, and Serbia should be thankful for their contributions.
Now that Hogan is going away, I would prefer to wait for his replacement to talk about long term plans for Air Serbia before making any conclusions.
- easyJet upgauges GVA-BEG from an A319 to A320, three weekly.
- Lufthansa upgauges MUC-BEG from E95 to A319. Seats increase from 116 to 138 per flight.
- Lot's Friday flight is operated by the E95.
EK got the route offered by the Greek goverment and it can only fly it as long as the Greeks agree to it.
They could continue flying it without goverment aproval only if they had a European AOC.
ASL flying to JFk is a poltical decision.
So no way to talk about them without also talking about who ordered them
Da odmah rascistimo nesto, nisam fan ASL vec sam objektivan. Radim na BEG za ANTB a ne za ASL i za te tri godine sam video poprilican pomak u organizaciji a i sprovodjenju planova ASL.
ASL je politicki projekat, politicari na silu povuku neku pricu kao letovi za JFK (setite se da je ASL na manje od mesec dana dobila A330, na brzinu je organizovana i obuka kompletnog Cabin Crew, par dana pred prvi let dobijena je konacno dozvola od USAD, potom letos letovi ka Rimu gde se usput u hodu popravljali manje tehnicke probleme, desavalo se i da ne lete zbog tehnickog kvara kao 12.11.2016., marketing oko tog aviona je ofrlje uradjen, mnogi putnici i dan danas ne znaju za taj let, pa lete kao KLM putnici za AMS pa iz AMS idu ka NYC).
Posledica toga je da se menadzment ASL (ne Kondic, vec ljudi koji izmisljaju uspesno nacin da ostvare te sve zamisli) bori zverski da isprave sve svoje greske. Secate li se da su pre 2 godine bili 1.5x skuplji na relaciji BEG-ZRH nego LX?
Oni ce ove godine u toku leta opet leteti 5x nedeljno ka JFK. Putnicki LF je ok, oni su na proseku od 65% van sezone. Najbitnije je da im je cargo krcat na letu ka JFK. Do donosi takodje profit.
Ono sto bih voleo da vidim je da na letu postoji vise od 3 business pax-a, koji su kupili business kartu po business tarifi. Da nema free upgrade-a, da nema smesne doplate od 300e za business mesto u avionu + complete service.
Zato, da su savrseni nisu. Da li imaju greske? Itekako imaju! Da li ih ispravljaju i rade na tome da im bude bolje? Apsolutno!
Zato, dajte im malo vremena i ovaj politicki projekat ce uspesno tranzitirati iz politickog projekta u uspesnu kompaniju.
Hvala!
*Fanatik
Ako si neko ko se razume u avijaciju, mozes znati i sam koliko drugih benefita moze doneti ta linija?
The same people who fly DXB-ATH-EWR and DXB-MXP-JFK.
Totally different situation. Athens are tourist mega-hub and Milan is an alpha global city. I would need more time to explain, but I don't have it. Again AUH-BEG-JFK is delusional (same as the original poster).
"we did not made good research and analysis, so we made mistake thinking we will have same feeding as those Western companies".
hot lane i rodney su mi omiljeni likovi za čitati
The market is there, no doubt about that. The problem was that Air Serbia didn't know how to convince passengers to fly with them and not with Turkish Airlines, Austrian Airlines, Lufthansa, Air France...
1. Aegean is actually cooperating with EK.
2. The airline will undergo major changes in 2017 with the most noticeable change being the reduction of its turboprop fleet. They are also currently negotiating with both Airbus and Boeing regarding an order for new planes.
In an interview, Mr Vassilakis complained how government taxes are too high. If a pilot earns €45.000 per year, he actually costs the airline €130.000!
https://scontent.fbeg1-1.fna.fbcdn.net/v/t1.0-9/17309821_1515209415155893_5081775755829356536_n.png?oh=92d733ad9f67937acc7413711c0e6d5b&oe=597084EC
*Fanatik
Seems like a pretty perfect solution in terms of physical safety of banned items. The problem that remains is the inability to use personal gadgets on a long haul flight, however it will be much less of a problem with carriers that offer rich IFE.
http://www.b92.net/info/vesti/index.php?yyyy=2017&mm=03&dd=24&nav_category=11&nav_id=1243194
JU500 probl next 2-3 years will still fly losses. Also operation of one 332 in JU fleet with just 3 WITT longhaul doesnt do any good to yr budget
It would be an investment like EK is investing into ZAG
Where s Hogan on this blig, dint u like my idea. ZAG EK needs some competition :-))))
Star alliance carriers shake in their boots now that the "new wings of Europe" fly three times a week between BEG and JFK for rock bottom prices...
Austrian has 11 million pax. Most of them are Western Europe, than long-range, than Austria+Germany, and then Eastern Europe. Not more than 1,5 million pax in East and Southeast Europe.
So excuse is bad!
Ali ono što je objektivno je:
-46 sedmičnih letova manje nego prošlog leta = -12%
Only real concern is lack of ramp space which can be fixed if it becomes a major issue.
Look at the video at the end. I have never seen this before and you see that there is clearly ample room to service the aircraft, fuel trucks included.
So which Star carriers are "jealous" of JU losing money flying to JFK?
:faceplant: