The Sarajevo-based start-up FlyBosnia has signed a Letter of Intent for the acquisition of an additional three Airbus A319 aircraft, which will bring its fleet size to a total of four. The Saudi-backed carrier noted the jets will be gradually delivered "over the coming quarters". The company said, "These aircraft will enable FlyBosnia to progressively expand its destination network as it builds up to a planned eight-member fleet by 2023". The airline currently operates a sixteen-year-old Airbus A319 jet from AerCap, which has so far been utilised on a number of special charters, prior to the carrier launching commercial flights this summer. FlyBosnia intends on becoming the national carrier of Bosnia and Herzegovina.
Commenting on the airline's plans, CEO Chris Gabriel said, "We have made significant progress in confirming airport slots in preparation for the upcoming launch of scheduled flights, and are also working to confirm select charter flights from the numerous charter requests we have received to date". He added, "We are currently recruiting additional crew and ramping up training to ensure we deliver on our promise to connect Bosnia and Herzegovina with select destinations in Europe and the Middle East via direct flights. From the time of booking your travel to the moment you return home, it is our mission to make your travel experience unforgettable".
FlyBosnia recently partnered up with the Italian charter service provider SoleAir in order to operate charter flights from Mostar catering for pilgrims visiting the Medjugorje sight. The airline has also noted its first aircraft will be used to focus on Europe, with its initial destinations being London and Frankfurt, while it plans to serve Riyadh, Jeddah and Bahrain in the Middle East. "As we take on more capacity, we will be expanding in Europe to cities like Rome, Paris and potentially Moscow. In the Middle East, we will probably look at Kuwait and Beirut. So we will selectively expand where we know there is demand. and we will serve our customers both here and overseas", the company said.


Comments
1. Kuwait
2. London
3. Copenhagen
4. Frankfurt
5. Amsterdam
6. Zurich
7. Paris
8. Ankara
9. Chicago
10. Berlin
That was Moskovia Airlines from Zhukovsky Airport :D They have gone bust since.
Very expensive charges AND difficulty during the winter of maintaining your flight schedule due to low visibility from low clouds and fog.
They should have gone for 2 A319 for Middle East and 2 E75 for European flights.
Official reason they suspended flights "high fuel prices"
https://www.klix.ba/biznis/ukrcali-smo-se-u-airbus-a319-flybosnia-u-sarajevu-spremna-docekuje-prve-putnike/190208093
https://www.exyuaviation.com/2019/02/sarajevo-airport-starts-year-with.html
Very good news all round.
For sure,it's better for them to work in Europe comparing to Asia (e.g)
4 operating airports, flourishing passenger figures, investments and continuous improvements.
A big applause for its government and good luck to the new airline.
The current fleet might reach Air Serbia levels one day.
If you compare SKP and OHD traffic, it is 100% subsidised.
Airports in BiH are partially subsidised.
Why do you think Macedonia has such figures even higher than Slovenia? Thanks.
Something here doesn't add up...
What JU, OU, JP and YM are doing is NOT efficient and it shows on their financial results.
I am not sure that someone will leave their lifestyle in a German major city to migrate to Sarajevo.
When you say "obtained AOC (or are still in the process of )", you don't see crucially large difference between these two statuses?
Listen, I don't pretend to fully understand regulatory framework in BiH, but I can't imagine it being much different than anywhere else.
If nothing else, FlyBosnia has a plane sitting at SJJ for which they get invoice from AerCapy on a regular basis. It has the AOC but not flying and not even selling tickets as far as I know (except maybe for few charters that might occur in Summer). A319 is not a toy you buy in the convenience store; leasing it is no kids game so that you can have it sit and collect dust. If you are serous business you would want to reduce that time to the max, because that's one of your major expenses. Again, I'm not buying it. I wish I'm wrong but in my mind no investor can expect to recoup this kind of investment within reasonable time, especially not the one operating in economically very poor region such as BiH. There must be something else here or we know what the end-result will be.
On the other hand, I can agree with you that whole this period after January 13th is only cost-consuming and that we already should see some revenue created, at least from charter flights.
On the other hand, I can agree with you that whole this period after January 13th is only cost-consuming and that we already should see some revenue created, at least from charter flights.
And maybe that price they pay monthly isn't that high. It may be that A319 was cheaper for leasing as they needed to apply brand new seats and make some additional engine maintenance which is not included in leasing price,apparently. In addition to that, shiddi has steady income to cover that price for a few months.
Mike from Munich.
Jesus, completely new airline, founded by Saudis in Bosnia, with no operational flight, should start flights between Kraljevo and Instanbul. I don't know what are you using, but I would like some of it.
Hopefully you are right and they got a killer deal for it but somehow I doubt it. Brand new customer, not associated with any big players, ordering single ac - not a lot of leverage to negotiate good price. Shiddi probably has means to finance all of but and that's not an issue, but nobody likes loosing money forever and the approach here tells me that people involved seem a bit amateurish for this to remain sustainable business in the long run.
Again, for the sake of people employed at FlyBosnia, SJJ and general flying public I hope I'm not correct.
BH Air once actually flew to Belgrade daily with A319 codesharing with Air Serbia . Also if a Serbian airline is allowed to fly charters from Banja Luka to Athens and Antalya then an airline from Bosnia should also be allowed to fly Kraljevo to Istanbul. Same right is for all airlines. And what is the problem with an airline that is founded by Arabs in Bosnia ? Have you forgotten that Air Serbia was founded by Arabs from Abu Dhabi ?
As i already said, Flybosnia will never be a success if it pays for aircraft that collect dust instead of flying. Cooperating with neighbouring airlines and countries will bring cash and profitability. There is no way around that fact !
Mike from Munich
FlyBosnia [BiH] Kraljevo [Serbia] Istanbul [Turkey], all non-EU.
Besides that, a company owned by Saudis is a Saudi - Arabian company and according laws do apply. Completely different situation than in if it was Bosnian or EU or even a turkish company.....