Air Serbia has posted solid operational results for the first half of 2017, with growth registered in a number of key areas, including passenger figures, cabin occupancy and cargo. The Serbian carrier welcomed 1.12 million passengers during the first six months of the year, representing an increase of 3% on 2016 when it welcomed 1.08 million travellers on board its aircraft. Passenger carrying capacity, measured in Available Seat Kilometres (ASKs), stood at a record 1.93 billion, up 16% year-on-year. Air Serbia achieved an average cabin load factor of 70.5% in H1, showing an increase of 3% against 2016, with particularly strong seat occupancy in the second quarter, standing at 73.3%.
The airline’s cargo operations recorded significant double digit growth of 54.6%, with 2.988 tonnes of mail and freight uplifted in the first half of 2017, compared to 1.932 the year before. The growth was fuelled by the airline’s New York service, which sees notable cargo loads. Meanwhile, on-time performance at its hub in Belgrade came in at 88.8%. Some of the major developments at the airline during the first half of the year included an IT upgrade to Sabre, the retrofit of ten narrow-body Airbus aircraft, the launch of flights to Venice and the suspension of its Istanbul route, as well as the first flight in its history operated by an all-female crew. Furthermore, the carrier put into effect its new business strategy, which saw the introduction of new ancillary services such as seat selection, mobile boarding passes and annual Premium Lounge passes. Over the past six months, Air Serbia also marked the 90th anniversary of commercial aviation in the country, the first anniversary of its long haul service to New York, and won the 2017 Airline Market Leader Award from Air Transport World.
Commenting on the results, Air Serbia’s CEO, Dane Kondić, said, “Our operational performance in H1 has been strong across the board, with passenger numbers and cargo volumes both rising since last year. We continued to introduce new products and services during this time by reconfiguring our narrow-body Airbus fleet with new seats and upgrading our sales, boarding and check-in systems to Sabre”. He added, “These developments are designed to strengthen the business in what continues to be a very tough and competitive operating environment. We recently celebrated our 90th anniversary as the national flag carrier and are proud that we are continuing to grow and solidify our position as the airline of choice in Southeast Europe”.

Comments
Take LCA as an example. In the past the cheapest winter fare was around 25.000 RSD. This past winter it went down to 17.000 RSD which is comparable to what Wizz Air offers.
Air Serbia's flight does arrive a horrible time but at least the bus company has introduced departures to both Nicosia and Limassol at 04.00 so you end up waiting less than hour, more like 20 minutes.
Besides, the article says they celebrated 90 years of commercial aviation in Serbia.
In such a way they could offer JFK and actually attract a lot of local passengers who are otherwise flying on Wizz. Given the loads on Wizz, I am sure that soon we might see a third weekly flight.
I am telling you, when I was at the airport there were at least 50 Americans waiting to board on one of the 'midnight flights.'
Also, I doubt they are losing money on LCA even with these transfers. I mean the route would not be brought back if it was loss-making.
As for on time performance, all flights with up to 15 minutes of delays are not considered as late.
They could increase frequencies to maybe 4-5 times a week and gain back the O&D traffic.
That said, I don't think they would mind losing the aircraft for two rotations. The fact they want to lease them out shows they have no special need for them.
At the end of the day we won't be seeing anything new from ASL as far as LCA goes... which is a shame.
2016:72%
2015 71%
2014: 67%
2013: 64%
and remember they have grown their fleet.
if it is for the hub, then it is just for the aircrafts departing BEG, not getting to it.
Interestingly in supermarket Idea in Serbia you can buy "Air Serbia Catering" packaged food - sandwiches, salads and all sorts of things. It even has the Air Serbia logo on the packages.
Etihad wants to sell 25% of Air Berlin to a Lufthansa subsidiary. In return they want greater access to German market and even potential Star Alliance membership (that would be huge). Interestingly, media reports suggest they have also put in an offer for Alitalia!
Interesting times ahead indeed.
He added, “These developments are designed to strengthen the business in what continues to be a very tough and competitive operating environment. We recently celebrated our 90th anniversary as the national flag carrier and are proud that we are continuing to grow and solidify our position as the airline of choice in Southeast Europe”.
Wikipedia states:
Air Serbia
IATA ICAO Callsign JU ASL AIR SERBIA
Commenced operations: 26 October 2013 (as Air Serbia)
Hub: Belgrade Nikola Tesla Airport
Frequent-flyer program
Sorry but it's not the same continuous airline for 90 years.
Founded: 17 June 1927 (as Aeroput)
No need to feed a sad pathetic troll.
http://www.novosti.rs/vesti/turizam.90.html:677027-Cak-700000-Srba-letovima-ide-na-odmor
My guess is ~ +/- 2M euro. What is your guess taking into account all the facts?
"Since June, the airline has transported a wide variety of cargo to the United States, from food products made in Serbia to mozzarella from Italy, garments and machine parts from Turkey and Romania, mail from Russia and Greece and safety glass from Croatia"
http://www.exyuaviation.com/2016/12/air-serbia-cargo-posts-strong-results.html
“Air Serbia's cargo operations are performing above all expectations. The airline's uplift capacity to JFK, which is fifteen tonnes per flight on the Airbus A330, is in high demand. We are transporting a wide variety of goods to the US and onwards to Canada and countries in South America, including textiles from Romania, Italy and Turkey, automotive parts and gaming industry machines from Bulgaria, and Serbian fruits and mushrooms, to name a few. From the other direction, there are even regular shipments of cargo from Ecuador and Argentina being sent to the region on board our service from JFK”
http://www.exyuaviation.com/2017/06/air-serbias-transatlantic-service-one.html
A320, 12/162
LX2512/28 09/166 (-4)
LX2513/28 00/148
A320, 12/162
LX2512/30 11/162
LX2513/30 05/149
Cargo transport
Airplane tickets
Charter leasing
Wifi access
Business class upgrades
Now they are going one step further by putting two planes on the ACMI leasing market.
They are in desperate need of cash it seems.
Sorry to say but your comment is so dumb I don't know where to begin. And you obviously don't know what an asset even is. Also you have no clue the difference between leasing something and selling something. Back to school.
Their pax numbers were the same in H1 2015
https://www.airserbia.com/en-RS/corporate/news/air-serbia-announces-strong-results-for-the-first-half-of-2015
Maybe what you are really looking for is not on this website and subject matter for another forum
Croatia still has
- 5 own A319 and A320
- maintenance (biggest assets)
- hangars and real estate
http://www.exyuaviation.com/2017/07/air-serbia-posts-stronger-results.html?showComment=1500995770584#c9003027579696743985
2) because there are many other BEY that implicate real BEY to be late
3) because the handling agent in BEY is probably not the most effective but instead of raising hell JU management sits and does nothing instead to resolve the issue.