Air Serbia to terminate unprofitable routes as part of restructuring


Air Serbia plans to discontinue unprofitable routes as part of its restructuring process which will be adopted by the end of the year. The carrier has been working on a plan for the past few months, which will enable it to receive state aid, in line with European Union regulations. Based on its preliminary schedule, Air Serbia will discontinue flights from Belgrade to Helsinki and Rijeka, while the majority of its routes from Niš, as well as Kraljevo, remain uncertain at this point. Although the carrier has discontinued sales to several other destinations out of Belgrade, such as Cairo and Beirut, it has filed a schedule for the two as part of inventory listing, indicating flights are planned but the airline is not necessarily certain they will go ahead at this point in time, thus ticket sales have not been launched yet. 

The Serbian Finance Minister, Siniša Mali, said that once the restructuring program is adopted, it will be reviewed by the Serbian Commission for State Aid Control, after which it will be sent for approval to the European Commission. Although Serbia is not a member of the European Union, as a candidate state it must adhere to European Union regulation in order to progress in its negotiations to join the block. “Once we send it to the European Commission for approval it will be clear to everyone exactly how much money will be given and for what. I think it is clear that we will support our national carrier”, Mr Mali noted. 

Restructuring entails reorganising the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organised for its present needs. Air Serbia previously drafted a restructuring program in 2016, which saw the company transform from a full fare into a hybrid carrier. It included the termination of unprofitable routes, reorganising parts of the business to produce savings and increasing other revenue streams. The program was approved by the State Aid Commission in 2018. “Every country has provided support for their national airline. So, there is no difference between what the Serbian government plans to do and what other European countries have done so far. We will not allow for the national carrier to fail. Air Serbia is restructuring, the number of employees is being reduced, wages have been slashed and unprofitable routes will be terminated”, Mr Mali said.


Comments

  1. Anonymous09:03

    Niš and Kraljevo are subsidised, so they shouldn't be allowed to be cancelled

    ReplyDelete
    Replies
    1. Anonymous09:04

      Maybe the government plans to stop subsidizing them. A lot of money was spent on other things this year.

      Delete
    2. Anonymous09:11

      RJK was also subsidized by local authorities. I guess money won't be offered in 2021 which makes no sense as they need all the tourists they can get.

      Delete
    3. Anonymous09:13

      Rijeka struggled even last year. It was supposed to be a year round route. Then they cut it to seasonal.

      Delete
    4. Anonymous09:54

      subsidies are not enough to fly an empty plane across Europe

      Delete
    5. Anonymous10:12

      BEG-RJK is hardly across Europe, it's one hour on the ATR. However with the highway, SPU, ZAD and PUY there was no room for RJK.

      Delete
    6. Anonymous10:46

      subsidies are not enought to fly an empty plane around

      Delete
    7. Anonymous11:05

      Now that's more like it my good friend Anon 10.46.

      Also I think JU can make better use of the ATR now that they are down by a few of them.

      Delete
    8. Anonymous12:58

      nikada mi nije bilo jasno zasto su otvarali letove za rijeku,a ne Bwk gdje su im agencije trazile i gdje bi zakupile cijeli avion...

      Delete
    9. Anonymous13:12

      Зато што је Ријека понудила субвенције, Брач то није учинио.

      Delete
    10. JATBEGMEL14:33

      @11,05

      Theyre not down a few ATR's, just 1 left the fleet.

      Delete
    11. Anonymous15:17

      Mozda ne bi dobili subvencije ali popuste sigurno bi...
      Uz to letovi bi im bili skroz zakupljeni..ne bi imali nikakvog rizika.a mogli so ponuditi i konekcije za dalje sa 2 tjedna leta

      Delete
    12. Anonymous15:36

      Мислим да су усмерили путнике на Сплит. Ове године АТР није био планиран за Сплит већ искључиво А319.

      Delete
    13. Anonymous04:22

      Прошлог лета ЈУ је слала А320 за Сплит а многим данима је ишла и пуна бизнис класа. Око 60% путника су преседали у Београду. Одлично се Ер Србија тамо позиционирала и верујем да ће додавати све више летова у будућности. Мислим да им је Сплит најуспешније одредиште у Хрватској мада и даље каска за дестинацијама попут Тиране, Солуна, Подгорице...

      Delete
  2. Anonymous09:03

    Expected.

    ReplyDelete
  3. Anonymous09:04

    Anyone care to guess what are JU's most profitable routes?

    ReplyDelete
    Replies
    1. Anonymous09:07

      Zurich?

      Delete
    2. Anonymous09:10

      Vienna?

      Delete
    3. Anonymous09:10

      Moscow, Montenegro and Zürich. The rest is just additional.

      Delete
    4. Anonymous09:54

      Heathrow is one of their most profitable routes.

      Delete
  4. Anonymous09:04

    Finally a move in the right direction and a move away from planned economy.
    Perhaps they would also finally think about joining an alliance soon.

    ReplyDelete
    Replies
    1. Anonymous09:07

      An alliance would be very beneficial for them. I wonder have they actually ever looked into it.

      Delete
    2. Anonymous09:11

      With Air Berlin gone they should look at joining One World. That can help with Eat Europe flights and the link up with Qatar as another entry point into Europe. Star Alliance has too many Euro carriers, and Sky Team is not much better either.

      Delete
    3. Anonymous09:13

      Agree. Especially since there is very little oneworld presence in the region.

      Delete
    4. Nemjee09:20

      But what benefit would they get from joining an alliance? They cooperate with AF, KL, SU, A3, TK, RO, AZ, QR... and they are all in different alliances. JU is too small to be exclusive. After all, it's not like SkyTeam helped RO become some major player.

      We switched our corporate contract from LH to AF and if you are using the AF app then 90% of the flights out of Belgrade are on JU. Even though they are the same company, they barely sell any flights via AMS.

      I think it's much better for JU to try and be friendly with everyone especially TK through which they can cover all of Asia and Africa.

      Delete
    5. Anonymous09:21

      Alliance sounds nice, but this also means COSTS. Those loyalty points do not come for nothing etc.

      And most importantly it takes two for tango.

      Delete
    6. Nemjee09:26

      Not to mention that DL CEO said alliances as such are dead.

      Delete
    7. Anonymous09:37

      Yes, DL CEO said that because he sees future in Joint Ventures, which is unfortunately not applicable for JU. Additionally, its a little bit different situation for US carriers. Alliances are beneficial for customers, although they might be financial burden for airlines. It is quite normal that passengers are interested in that.
      BTW, with all the cuts around the globe, alliances might get some additional value.

      Delete
    8. Anonymous11:46

      Alliances are clearly a win win for both parties, no carrier would offer anything to passengers it it wasn't earning money.
      Carriers get my loyalty to preferably fly with them, and in return after a certain nr of flights I get a free 1 through redeeming miles. Due to my work I have more than 20 return flights a year and out of those none is with JU, not because I am hater of JU or Serbs, or obsessed with Serbia (most recent reply to 1 of my comments), but, because I do not get anything in return. I doubt OS has better service than JU, other factors being same, such as flight time (price being irrelevant since I do not pay from my own pocket). But instead, all that money my employer gives for flights goes to Star Alliance, again, because in a competitive market, I really do not get anything in return from JU.

      Delete
    9. Anonymous12:13

      Anon 11.46
      Of course, makes sense. It all depends where you are flying mostly (something you didn't specify). Looking at JU's January and February numbers, they recorded growth in passenger numbers close to 30%. I guess for some, or many out there, Air Serbia does have something to offer.

      JU has a convenient split schedule to main European hubs with a few exceptions.

      Delete
    10. Having in mind that biggest markets and traffic are - Germany, Switzerland and Austria it would only be reasonable to join StarAlliance.

      Delete
    11. Anonymous13:04

      Makes more sense to consider current codeshares then what are biggest markets...
      Moving passengers from LH, OS or Swiss to JU doesn't seem as clever business plan...and those airlines would not support it.

      Delete
    12. Anonymous13:13

      Joining Star Alliance would be a disaster to JU because the alliance is not only strong in BEG but in the whole region. Deepening ties with AF-KL is the way to go as they are both weak in the Balkans.

      Delete
    13. Anonymous14:00

      Absolutely the other way around.

      Star Alliance is strong as it comes to the Balkans and joining SA would mean all SA flyers flying to/from the Balkans could now fly with JU, while continuing to earn and redeem SA points (ie without changing their frequent flyer programme and losing the current status benefits). This would give JU access to a huge pool of customers that is currently totally closed to it. For this very reason joining by JU of SA will never happen.

      The other reasons that it will not happen is that JU has nothing to offer to SA and that it cannot afford costs of alliance membership.

      Delete
    14. Anonymous15:37

      True, it worked perfectly for OU And JP.

      Delete
    15. Anonymous15:43

      OU and JP were just feeders and wanted to stay just feeders in the alliance. For this reason they were allowed to join the alliance. They did not declare that they want "to steal" somebodyelse's frequent fliers.

      And of course being in the alliance does not solve all your problems.

      Delete
    16. Anonymous16:51

      JP did not want to be just a feeder though, they tried to expand their hub in LJU but failed in the end because the market is too small.

      Delete
    17. Anonymous17:03

      Anon @11:46 You said: "Due to my work I have more than 20 return flights a year and out of those none is with JU ... because I do not get anything in return ... all that money my employer gives for flights goes to Star Alliance, again, because in a competitive market, I really do not get anything in return from JU."

      That is a lie. Air Serbia has loyalty program. If you fly 20 return flights with Air Serbia, say business class as your employer is paying, for example 20x BEG-AMS return a year, you would earn over 50,000 guest miles. For that, you can get at least two free return tickets BEG-AMS from Air Serbia. Still wonder why they call you a hater?

      Delete
    18. Anonymous17:15

      Last anon: did you ever wonder that this guy does not want to spend his miles travelling to AMS, and would prefer a free trip or a trip at a reduced fare to Male or Seul? No need to insult him.

      Delete
    19. Anonymous17:46

      Well he can get to Seoul or Male on AZ or EU through Etihad Guest.

      Delete
    20. Anonymous18:34

      LJU/ZAG-BEG-MAD-MLE! What a great idea. And all those segments would cost a fortune in miles:)

      Except for true fanboys, everybody in the region chooses LJU/ZAG-FRA-MLE and that was the point that anon 11:46 tried to make...

      Delete
    21. Anonymous23:55

      No, the point he unsuccessfully tried to make is that flying with JU does not get anything in return. That's literally what he said, and it's not true.

      Instead of Male, try almighty Star Alliance from Belgrade to Bora Bora and experience what a fun is 70hour 4 or 5 stop trip.

      Delete
    22. Anonymous04:23

      Without knowing what your most frequent destination for work is there is no point in discussing this. If it's a destination like Munich or Chicago then it makes sense you are flying on Star Alliance, if it's Berlin, Dusseldorf or Paris then we can discuss.

      Delete
    23. Anonymous07:42

      Anon 23.55:

      What is the point you are trying to make? That it would take quicker to get to Bora Bora with JU?

      You may attack this guy as much as you only want and put deaf ears to what he says, but he is making real decisions about his employers travel budget and you clearly don't. This is why it is crucial for JU to listen to what exemplary people like him want to say while it is harmful to listen to fanboys that would take JU over every other airline no matter what, but rarely have any occasion in real life. Cheers!

      Delete
    24. Anonymous08:31

      His comment makes no sense because we don't know where he usually travels for work. JU can't be at fault if it's a destination they simply do not fly to. You can't be everything to everyone. Before COVID JU was recording growing passenger numbers so they were obviously increasingly attractive for passengers.

      Also, are you seriously comparing JU and LH? A regional airline with a global brand from the world's top five economy? Then you wonder why you get labeled a hater.

      Delete
    25. Anonymous10:20

      last anon:

      You are mising the point.

      This is not about where the guy in question travels for work. For this guy, and many others travelling for work, a choice of an airline is driven by benefits that they can ripe PERSONALLY, while the employer is paying for a flight.

      Maybe he travels for business only to AMS and could fly there not only with Star Alliance carriers, but also with JU. Still, flying to AMS, he would love to get points that he may then exchange to take his family to a place that is really attractive like the said Male. And living in this region he cannot really do it, while travelling with JU and collecting Etihad Guest miles. From his perspective these are more or less worthless. So he pickes Star Alliance and says he PERSONALLY gets nothing in return, if he chooses JU for his business trips. OK, JU may take him to AMS, but it is not his PERSONAL benefit.

      You are right that JU and LH cannot be compared, because of among others, size. And this is exactly, why the guy in question chooses Star Alliance. This size gives him some extra benefits and because he has no love/hate relationship with JU, he goes where the benefits are.

      Delete
    26. Anonymous16:14

      I really do not get anything in return from JU is not true. Spin it any way you want, it's still not true. You get a free flight to most direct destinations in demand from BEG. Your 20 destinations not being on that list is not an excuse to lie about JU loyalty rewards. That is the point.

      Delete
  5. Anonymous09:05

    Networks for many airlines will be set back by years.

    ReplyDelete
  6. Anonymous09:07

    Just the start of the consequences of EY termination contract. HEL and CAI were never profitable destinations. The network is likely to stagnate until 2022.Next year will be quite tough for aviation.

    ReplyDelete
    Replies
    1. Anonymous09:10

      But you will see that almost everyone in the world will shrink their networks. I don't think it has much to do with Etihad.

      Delete
    2. Anonymous09:13

      Look no further than LH in MUC. That hub was absolutely decimated and I doubt they will rebuild it in the next 5-7 years.

      With DY planning HEL-BEG and W6 starting Turku, there is no point for JU to bring back Helsinki flights. Interesting that they plan on sticking around Kiev.

      Delete
    3. Anonymous09:17

      I'm not that surprised about Kiev. Based on last week's article "Air Serbia handled 11.114 passengers between Kiev and Belgrade last year, registering an average annual cabin load factor of 81%."

      https://www.exyuaviation.com/2020/12/windrose-satisfied-with-ex-yu.html

      That's not bad at all.

      Delete
    4. Anonymous09:23

      We don't know what is being cut and what is not being cut. This will not be fully released at this stage as it is still in the works. What was released were the most obvious destinations only.

      Delete
  7. Anonymous09:09

    Would not wonder if the network significantly shrinks.

    ReplyDelete
    Replies
    1. Nemjee09:23

      They are profiting from airline cancellations around Europe. LCA is one of those destinations. On Friday loads were 95 and 110 while last night there were 65 and 88 passengers. They just need to weather the storm. Turkey seems to be banning flights to Denmark and The Netherlands so let's hope BEG-IST profits from that.

      Delete
  8. Anonymous09:14

    It has to be done. Let's see what else gets cut by the end of it. Somehow I doubt it will be only HEL and RJK.

    ReplyDelete
  9. Anonymous09:20

    That was from Air Serbia. Narrow the future.

    ReplyDelete
  10. Anonymous09:22

    If Wizz goes ahead with its expansion from BEG, Air Serbia will have a very difficult year in 2021.

    ReplyDelete
    Replies
    1. Anonymous09:23

      Why? They wouldn't compete on many routes directly.

      Delete
    2. Anonymous09:26

      W6 is in a much better financial position than the vast majority of airlines right now.
      If they decide to seriously compete for BEG market JU will be in trouble.

      Delete
    3. Nemjee09:27

      If we take MXP and BCN then I think Wizz will be the one who will have a hard time competing against JU which has more frequencies and a more convenient schedule.

      Oslo should be fun to watch though.

      Delete
    4. Anonymous09:28

      That W6 expansion will purely depend on whether the EU reopens its borders by late March next year.

      Delete
    5. Anonymous09:36

      Yes, dear. BCN and OSL highly likely to be affected. KBP will be served by 2 airlines as well. Idk how will JU cope with the extreme competition on them routes.

      Delete
    6. Nemjee09:36

      I think they will. About a week ago Cyprus released new entry guidelines which will come into force on 01.03.2021. They will start introducing the traffic light system. Only exception will be made for those who will be vaccinated as they will be allowed to freely enter Cyprus, that is without a negative PCR or quarantine. I am sure Cyprus synchronized their policy with the EU.

      At the same time, Wizz Air moved the resumption of BEG-LCA to March 7th.

      Delete
    7. Anonymous09:38

      Does Wizzair have a 321neo based in BEG?

      Delete
    8. Anonymous09:39

      Nemjee W6 is more competitive because it has both much lower costs AND a lot of money in the bank.
      So if they decide to go after the Belgrade market JU will be in trouble.

      Delete
    9. Anonymous09:40

      No. They use the A321 from London to Belgrade (but it is a London based plane).

      Delete
    10. Anonymous09:40

      I think Wizz will be very aggressive in the next few years. They will smell blood and try to squeeze out airlines that are on the brink of collapse. I'm not talking about Serbia here in particular but other markets too.

      Delete
    11. Anonymous09:44

      Anonymous 09:40
      +1000
      Wizz is in a much better financial state right now than all other European low cost airlines.

      Delete
    12. Nemjee09:50

      Well, JU managed to outperform Wizz Air in Larnaca and they kept on serving Copenhagen and Stockholm despite indirect competition from Wizz Air. I think the only market where Wizz Air directly beat JU is Malta.

      As for Milan, don't forget that Serbia-Italy is a very difficult market for LCCs. On BEG-BCN both Air Serbia and Vueling have transfer passengers. We will have to see how much market stimulation there will be once Wizz Air enters the playground.

      Personally I think both airlines will do just fine. I believe BEG-Europe market is still underserved and there is a lot of room for growth.

      Delete
    13. Anonymous10:00

      Did you guys even look at Wizz MXP schedule? It's not great.

      Thursday and Sunday

      BEG-MXP 13.35-15.25
      MXP-BEG 16.00-17.45

      Delete
    14. Anonymous10:08

      what is not great there? SMFH

      Delete
    15. Anonymous10:13

      Wizz won't be smelling blood in BEG because there won't be any blood there. This restructuring plus covid help plus possible investment from Chinese means JU can't be beaten. Other ExYu carriers, that's a different story.

      Delete
    16. Anonymous10:13

      What is great there? You arrive in the middle of the day to Milan. At least with JU you are there in the morning so you have the whole day. That's why businessmen will always chose JU and we all know which passengers grow the yield.

      Delete
    17. Anonymous10:39

      The 321 is a killer beast with its 230 seats. Wizz become very aggressive when they want to win a route. They place the 321 same day same schedule with the other airline and drastically lower the price. They stole many routes like this from Ryanair. I see they already based their 321neos in neighbouring countries. JU will have to be very careful this spring.

      Delete
    18. Anonymous11:04

      @Anon 09:44: Compare the size of Ryanair and Wizz Air and what percentage of their fleet is fully-owned, and think again.

      Delete
    19. Anonymous11:06

      JU has been very careful since 2010 when Wizz Air entered the Serbian market. That's 11 years now and in that period they have adapted themselves to them.

      For example I think if they enter VIE-BEG OS will be more affected than JU. Higher cost structure and same point of sale.

      Delete
    20. Anonymous11:21

      Operating the A321 is one thing, filling it another.

      Delete
    21. Anonymous11:31

      BEG overall does ok. Wizz resumed HAJ, easyJet returned to Belgrade, SOF & PRG are back. Let's hope we get more of this.

      Delete
    22. Anonymous12:53

      Since when is SOF back?

      Delete
    23. Anonymous12:56

      Since mid December. It was published here a few weeks ago.

      Delete
  11. Anonymous09:23

    I'm happy they won't be ending Barcelona and Madrid.

    ReplyDelete
    Replies
    1. Anonymous09:55

      for now

      Delete
    2. Anonymous10:28

      For ever. If covid didn't end those two they won't be ending now or in the future.

      Delete
    3. Anonymous10:46

      as if somebody from here knows at all

      Delete
  12. Anonymous09:23

    Does that mean that the fleet will also shrink?
    Pilots and flight attendants will be fired?

    ReplyDelete
    Replies
    1. Anonymous09:26

      It was already reported here that contracts for some crew were not renewed. Also wages have been cut until March 2021.

      Delete
  13. Anonymous09:23

    Winter is coming!

    ReplyDelete
  14. Anonymous09:31

    There is a bit of misunderstanding here.

    IF the state aid equals the loss sustained by an airline as a result of covid, EU does not care whether you cut any routes. Covid is a one off and you don't need to undertake to shrink. Look at LH or OS, they did not undertake to UE to cut any routes. They cut or suspended some routes voluntarily, but this had nothing to do with state aid they received. They were not forced to do so.

    And IF the aid is higher than the loss sustained as a result of covid, then you indeed need to undertake to cut routes. These are so called compensatory measures. But don't let youself be mislead: that does not mean cutting unprofitable routes but cutting PROFITABLE routes.

    ReplyDelete
    Replies
    1. Anonymous09:35

      But it says they will cut routes as part of their own restructuring process, unrelated to the EU. But what it says is that the airline will have to present a restructuring plan in order to get aid (be it they cut routes or not).

      Delete
    2. Anonymous09:39

      "The Serbian Finance Minister, Siniša Mali, said that once the restructuring program is adopted, it will be reviewed by the Serbian Commission for State Aid Control, after which it will be sent for approval to the European Commission."

      Delete
    3. Anonymous09:42

      Yes, but that does not link route suspensions with the EC approval. Only the restructuring program.

      Delete
    4. Anonymous09:46

      And what is the restructuring plan about if not route suspensions/cancelations?

      "Air Serbia plans to discontinue unprofitable routes as part of its restructuring process which will be adopted by the end of the year. The carrier has been working on a plan for the past few months, which will enable it to receive state aid, in line with European Union regulations."

      Delete
    5. Anonymous09:47

      It says in the article what restructuring is for. It isn't about cutting a couple of routes.

      "Restructuring entails reorganising the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organised for its present needs. "

      Delete
    6. Anonymous09:53

      Oh, boy. This para that you cite is just a general comment from the owner of this site. Kind of a definition of reorganistion from a vocabulary.

      Delete
  15. Anonymous09:31

    That is bad news for JU.

    ReplyDelete
    Replies
    1. Anonymous10:14

      Quite the opposite, it ensures survivability of Air Serbia.

      Delete
  16. Anonymous09:54

    Anyone knows what will happen with LHR flights? The flight ban to UK is growing the minute....many countries are introducing 48-72hrs suspension while others are pulling out for a longer period of time?

    This sucks allover again....it's like a lockdown on China and Italy almost a year ago, and now UK is doing it ....a never ending nightmare!! :(

    ReplyDelete
  17. Anonymous11:07

    Corona shmorona... good thing is that things are looking up for BEG in 2021. I think from March things will start rapidly improving.

    ReplyDelete
    Replies
    1. kristalna kruga i tarot11:59

      važi

      Delete
    2. Anonymous12:15

      Не треба ти кристална кугла и/или тарот већ је довољно да посетиш сајт аеродрома Београд да видиш како се саобраћај није урушио.
      Као што је неко горе написао, Праг и Софија су се вратили, исто и Хановер са Визером а Изиџет је успоставио саобраћај између Београда и Базела и Женеве.

      Нема потребе бити малициозан посебно не када се те чињенице лако утврде.

      Delete
  18. Anonymous12:16

    Anyone care to post the number of today's departures from ex-YU airports?

    ReplyDelete
  19. Anonymous12:21

    COVID pandemic was elegant way for the Government to end this AirSerbia saga. It is very sad further hundreds of millions will be wasted and in 2025 we will have again new problem to solve.

    ReplyDelete
    Replies
    1. Anonymous12:23

      JU is here to stay!

      Delete
    2. Anonymous13:21

      Air traffic is profitable in Serbia. Period. Unlike rest of ExYu.

      Delete
    3. Anonymous14:48

      So Air Serbia posted profit all these years even if you don't include the government subsidies in "revenue"?

      Delete
    4. Anonymous15:39

      Yes, that's correct. JU recorded a profit even if they face direct competition from W6.

      Delete
    5. Anonymous15:50

      Anon @ 12:21, Slovenia fixed the problem before pandemic, only to find itself in even deeper hole. It is sad and disturbing you are unaware of disastrous negative effects lack of flag carrier has on Slovenia's economy before proposing the same for Serbia. Slovenia's government is now waiting for EU approval to start investing dozens of millions into creation of a new national airline.

      It is tragic that you don't understand what Air Serbia is trying to do now will be beneficial for both taxpayers and the economy of Serbia in upcoming years.

      Delete
    6. Anonymous17:47

      +1 Last Anon

      Delete
    7. Anonymous19:38

      Era of national carriers is coming to close. Nothing bad will happen to Serbian economy or Belgrade as destination. After JU finally leaves the stage we will still have a number of legacy carriers who find interest to fly to Belgrade - if they can make money. Majority of people will fly with LCCs with 2-3 basing their planes in Belgrade. We will go from 2 wizz planes to 10-15 A320/1 serving 60+ destinations after COVID is gone. Similar number of people will work in these jobs as now is working for JU. There would be only gain for Serbian budget which would be able to allocate JU subsidies for other purposes.

      Delete
    8. Anonymous21:38

      @Anon 15:39: JU posted 12.2m EUR profit in 2018, while receiving 20.9m EUR in state aid the same year.

      I'll let you do the math.

      Delete
    9. Anonymous22:24

      It's ok, I don't mind my taxes going to JU. It's nothing compared to what foreign investors get who have much lower wages than JU.

      Delete
    10. Anonymous23:38

      Anon at 19:38 let me help you:

      -Era of national carriers is coming to close: where was your wisdom when 80M EUR help for Croatia Airlines was discussed? Same when future Slovenia national carrier was talked about? Or was that thought crafted specifically with Air Serbia as a taget?

      -Nothing bad will happen to Serbian economy or Belgrade as destination: another nonsense. It did hurt a lot in Ljubljana and elsewhere. Plenty of proof if you want to find it.

      Overall today's article means Air Serbia will not leave the stage, it means JU will continue even leaner and stronger. Sorry to burst your bubble.

      Delete
  20. Anonymous13:07

    Not surprised about Finland being terminated, there was a total of 612 arrivals to Srbija from January to October:

    https://publikacije.stat.gov.rs/G2020/PdfE/G20201319.pdf

    The biggest surprise is so many Brazilian tourists!

    ReplyDelete
    Replies
    1. Anonymous13:12

      I think you really shouldn't take 2020 stats as an indicator for anything.

      Delete
    2. Anonymous13:14

      I think JU is smart to leave this market with both DY and W6 launching flights later on this year.

      Delete
    3. Anonymous17:04

      lol its only 596 and they are prob residing in Europe

      Delete
    4. Anonymous22:32

      I know the number might seem low to you, but in times of pandemic the number is not that low. Brazil and number of Ukrainians is growing.

      Delete
  21. Anonymous15:41

    Tuesday is usually very bad in Belgrade but tomorrow is a bit better than before. JU 332 to Moscow is the icing on the cake.

    ReplyDelete
    Replies
    1. Anonymous16:25

      Isn't these few upgrades due to the cargo / vaccine rather than passenger demand?
      Anyone able to share the loads?

      Delete
    2. Anonymous17:49

      Russian vaccine is not registered yet. These charters are for Serbian workers in Russia. Of course they have to run charters, BEG-MOW went from up to five daily to just four weekly.

      Delete
  22. Anonymous17:37

    What a concept... "cancel unprofitable routes"!

    These guys must have gotten their MBAs from Harvard Business School

    ReplyDelete
  23. Anonymous22:29

    Well JFK is very unprofitable route to start with...

    ReplyDelete
    Replies
    1. Anonymous23:20

      Would you care to provide some evidence? Nah, it's just your imagination.

      Delete

Post a comment

EX-YU Aviation News does not tolerate insults, excessive swearing, racist, homophobic or any other chauvinist remarks or provocative posts with the intention of creating further arguments. A full list of comment guidelines can be found here. Thank you for your cooperation.