Air Serbia is expected to double its wide-body fleet by May of this year, the country’s Finance Minister, Siniša Mali, said. Speaking in an interview for the Tanjug newsagency, Mr Mali noted, “We are in the process of acquiring two wide-body Airbus A330 aircraft. I expect for both to arrive in Belgrade by May. We will launch flights to Shanghai and Guangzhou this year, complementing Tianjin, New York and Chicago. A small country such as Serbia has a successful national carrier that flies both to the east and west”. The announcement comes after the airline’s management confirmed it reached an agreement to lease additional wide-body capacity.
Commenting on Air Serbia’s operational performance, Mr Mali noted, “Air Serbia handled 4.1 million passengers in 2023. I expect that it will post a net profit of at least 35 million euros for 2023. So, we have a profitable company that pays dividend into the state budget, with a record number of passengers, new routes and is in the process of acquiring additional aircraft. It is an example of a successful company. It is obvious that if a state-owned company has a professional management, it can produce good results to the benefit of the state and its people”. The Serbian carrier is expected to have surpassed 500 million euros in revenue in 2023.
Prior to their arrival in Belgrade, the two incoming wide-body aircraft are expected to undergo maintenance and will be repainted in the airline’s livery. Last year, Air Serbia’s CEO, Jiri Marek, revealed the airline's plans for a four-member wide-body fleet. “During this past summer, we secured traffic rights to Guangzhou and Shanghai in China. Regarding China, ideally, we would start each destination with two weekly flights. However, this depends on many factors, and since we are committed to our Chinese development, we might start gradually. The remaining aircraft capacity most likely will be added to New York JFK, growing beyond daily flights. That would mean that for some days of the week, we will introduce a second daily rotation to JFK. It depends on many factors, for example, the availability of slots and terminal space, which is an issue that is becoming more and more serious, especially at JFK”, Mr Marek explained. He added, “Having the four A330s in the fleet will enable us to plan spare capacity to overcome any unscheduled maintenance or spare parts issues as the market will continue to be volatile for several years ahead”.
What I’ve said yesterday, it’s finally coming !
ReplyDeleteOkay this is moving fast. Will they schedule new flights before the aircraft arrive? If so Wamos air is on standby xD
ReplyDeleteThey will definitely put tickets on sale before the planes arrive
DeleteThey will probably put the new routes on sale when they are 100% certain when the aircraft is going to arrive. So after maintenance most likely.
DeleteHonestly that is what they should do. Schedule them from June and if they are delayed just have a wet lease ready to step in. I really hope JFK goes to 9 or 10 weekly in summer.
DeleteThey need it for connectivity on both ends especially those morning departures from BEG as they offer more connections onto B6.
It will be interesting to see how they schedule the extra frequencies to JFK. Extra departures at 7:30 which they do 3 pw, midday which they do 4 pw or have new early evening departures similar to ORD.
DeleteLate departure from BEG to JFK would be also good as you could connect onto many B6 flights that arrive in the late afternoon/evening. For connections in the US, the 13.20 departure from BEG is the worst one. Morning or evening ones are the best. At the end of the day. it's not so much what JU wants as is what they can get in JFK.
DeleteNot all departures must fit into JFK connection waves, obviously there's enough point to point demand.
DeleteThere isn't enough point to point demand for 9 weekly or even 7 weekly flights. If there was then one of the US based carriers would be flying to BEG.
DeletePoint is that for point to point morning and evening flights are better than then 13.20 flight. However that flight is needed to offer regional connection on the way back.
Any idea where the aircraft are coming from?
ReplyDeleteI have heard some rumours that both are coming from EY.
DeleteThat would be good, since the cabins on their A330s were/are good.
DeleteEY makes no sense, otherwise JU would acquire A330 much sooner. Ever since Covid many EY widebodies are sitting idle, even the famouns YU-ARA was there for a long period of time doing nothing.
DeleteYU-ARA is/was subject to litigation in India. Just because plane is sitting there does not mean it is available or that the terms are suitable. Don't you think there is a reason Etihad itself is wet leasing Wamos Air A330s and not using these? That said, I don't think it will be either of those planes since they have been inactive for years.
DeleteCould it be possible that one of the A330s is in fact YU-ARA?
DeleteIt's not ARA.
DeleteJust, why the wet-lease A320 is not dry-leasted ?
ReplyDeleteProbably not enough JU crews for it, especially for summer schedule.
Delete^ https://www.exyuaviation.com/2023/12/air-serbia-sees-over-thousand-crew.html
DeleteWet lease capacity was already explained by Marek a few months back. Perhaps reading articles might help.
Delete"However, the airline has said its strategy of wet-leasing planes has proven successful as it enables it to more easily respond to volatile market conditions without committing itself to extra capacity, which might not be required in the future."
https://www.exyuaviation.com/2023/09/air-serbia-to-maintain-wet-lease.html?m=1
Anon 10.28
DeleteYes that's for cabin crew but those are not enough as they can't fly the plane. They need to make sure they have enough pilots so hopefully they manage to recruit enough of them by the time summer season starts.
JU had a pilot recruitment open day event in Belgrade on the 22.12.2023.
Deletehttps://www.exyuaviation.com/2023/12/air-serbias-sees-biggest-pilot-intake.html?m=1
Indeed and I hope they managed to recruit enough pilots so that they can keep on growing like they did in post-covid era.
DeleteBtw what happened with two Avianca's A321 sitting in LJU, weren't they supposed to join JU?
Delete^ no, people here in the comments just assumed it and presented it as fact.
DeletePilots in that photo cover 3 fully operational aircraft.
DeleteSo CAN and PVG should launch in June when we will see JFK go up to 10x weekly too.
ReplyDeleteYes, that makes sense.
DeleteThat is HUGE even for bigger airlines!
DeleteCan't wait for them to arrive
ReplyDeleteWhy can't you?
DeletePerhaps in two o three weeks will know all new routes for Summer.China ,Usa and perhaps 2 or 3 European destinations. In winter 2004 - 2025 I think will Tenerife
ReplyDeleteThere will be no new routes to the USA.
Delete+1
DeleteMiami?
Delete^ you should read the article maybe? You would find out that no new routes will be added in North America this year, like they have said a million times.
DeleteI suspect we might see one Caucasian destination. Hopefully Baku or Tbilisi.
Deletei hope for Tbilisi too.
DeleteIt makes sense to stay away from the US as their economy isn't doing that well and JU would have to compete with pretty much every European airline. Not to mention that many have formed those criminal JVs.
DeleteChina is where they money is right now. As for the US, they have JFK and ORD which they can develop further.
I think it’s a political problem. Someone have problem if JU would make connection Moscow-Belgrade-Miami, since many very rich Russians live in Florida.
Delete^ and they don't have a problem to connect to New York and Chicago? Stop talking nonsense.
DeleteWell, flights to Russia are already full so adding MIA without growing in Russia is not wise. Someone would have to lose out. Hopefully the A332 makes a comeback in SVO.
DeleteAlso with Russians advancing west of Donetsk could mean KRR could open soon. Recently it had its first commercial flight since the war started (to Mineralny Vody).
@Nemjee - Yes, the US economy is collapsing and it would hurt them so much if Air Serbia doesn't increase frequencies. Give me a break! You keep bashing the West, but yet you forget to realize that millions of Serbs work and live in the West and that EU is the largest trade partner and investor in Serbia. You see everything that's wrong with the West, but fail to see our own issues. Have you ever stepped outside Belgrade to see the condition of our hospitals, roads, schools, sewage, etc. If not, I highly recommend to do so. It might be more enlightening than touring the West that you despise so much.
DeleteServing the demand to North America is good. No reason not to make money when it's there by developing JFK and ORD as much as possible.
DeleteBut the other part is also true. the future is away from America. And its just a safer option to diversify the economy of the country by trying to use JU to push Serbia towards Asia more then hopefully Latin america and africa
@19:03
Deletechina is the largest investor in Serbia not the EU. and china does it without demanding system or goverment or cultural changes that the EU demands
so closer ties with china is preferred.
as aviation goes. JU can make money with majoirty chinese passanger numbers on the flights to china. so thats amazing and JU should take advantage of that as far as it can go.
im surprised that the concession of BEG wasnt given to the Chinese. they are great at running businesses. well better than the people from Belgrade. And the development of BEG as a regional hub would make them money but also wouldnt be taking anything away from China because they dont compete with Chines airlines.
Also surprised that China didnt buy into JU when the government were looking for another partner and instead looked to Qatar.
He was talking about trading partner - not investor. Careful reading is key!
DeleteAnon 01.05
DeleteActually he spoke of both: '...that EU is the largest trade partner and investor in Serbia.'
Anon 19.03
Huh? So are you implying there is no reduced economic activity in the West? This directly affects air travel. The US economy is not doing well right now and just the other day their debt broke a new record ($34 trillion). This follows news that US bankruptcies rose by 18% last year caused by, among other things, rising inflation and interest rates.
When it comes to the West I would like to inform you that I lived in Cyprus for many years and while I was there I experienced the famous EU bail-in. So I got to experience first hand what EU bureaucrats can do on top of knowing what life in Cyprus was before and after the EU membership. So please, spare me your lectures. Serbia might not be perfect but it's far from a bad place to live in.
Aviation follows geopolitics and whether you like it or not, for the past 20 years we have been experiencing a clear shift to the east. In Serbia this shift was initiated back in 2007 when we opened our doors to Chinese investment. We were among the first to do so in Europe.
As for your comment regarding millions of Serbs who live in the EU, ask yourself who is responsible for so many of them emigrating there. As for the EU being our top trading partner, that's a tragic info since most EU factories that operate in Serbia do so because of massive subsidies they get. Same subsidies that 99% of local companies don't get. This trade is basically western companies exporting their products to their parent companies in the EU. This 'massive' trade isn't between Serbian owned businesses and EU ones.
Have you been outside of Belgrade? You speak of hospitals which is funny since I work in the healthcare industry. From the top of my head these are some of the institutions that were recently reconstructed (last few years): dom zdravlja Kula, Klinicki centar Vojvodine, Opsta bolnica Leskovac, Opsta bolnica Loznica, reconstruction of Opsta bolnica Subotica is about to begin, Opsta bolnica Vranje, Opsta bolnica Krusevac, new Clinical Center of Serbia...
As for roads, what are you exactly referring to? Which roads are so bad? I am not a fan of SNS but infrastructure has been one of the few things they did right over the years. Whether it's the reconstruction of regional roads or the construction of new highways and motorways.
Same applies to civil aviation where a lot was invested - JU being the best example.
It's one thing to be critical of the society in which you live in but it's a whole different thing to do it unreasonably. Yes, there are flaws and there are things that still need to be done but there is obviously a whole lot of progress that should not be ignored. Though our character trait is to always be negative and to trash even the slightest progress that was made. Focus on the positive and you will lead a much healthier life.
Nemjee you are all over the place. I am from Nis area and you are saying how everything is falling apart in central and South Serbia . You are very very wrong and you obviously have not been anywhere pass Belgrade. Just in my area soo many roads are completely new, amazing new Hospitals, airport that offers more flights then ever before . There are many job opportunities available and people are able to afford to travel pass Montenegro and Greece. Just stop posting about something that you don't know. With JU opening more China destinations, south Serbia is going to get more investors and more job openings.
DeleteI just hope they stick with professional management. When Mr Mali gives a statement I am always afraid some "uhljeb" will show up and start running the company. Overall, this is good news, 3 destinations in China is wild.
ReplyDeleteMr Mali has been making statements about Air Serbia for the past decade, and the company has gone from strength to strength. So I'm happy he continues to make statements.
DeleteGood thing is that Zorana Mihajlovic is out of the picture. I still remember her statement that JU's JFK flight could continue onward either to Mexico or Argentina, forgot now which one it was.
DeleteOk ok but where is this demand coming from? This is similar to BUD, and is more than ATH! ( for China). Crazy! Very good JU!
ReplyDeleteIf you look at the statistics you will see how many Chinese tourists arrived this year in Serbia. The Chinese community in Serbia originates from Shanghai region. Shanghai has been the busiest unserved route from Belgrade for years. Late last year Serbia and China signed a free trade agreement
DeleteThank you 😊
DeleteVery nice to see this.
Between Greece and China that make sense. There is no visa free between them .
DeleteThere is
DeleteAnonymous 12:15 there is not . You can easily find out through GOOGLE .
Delete@12:15 The whole Schengen Area has a common visa policy. How on earth could Chinese citizens travel to Greece or any other EU country without tourist visa?
DeleteWill Tianjin continue to work?
ReplyDeleteYes, Shanghai and Guangzhou are nowhere near Tianjin.
Delete4 chinese routes very nice
DeleteJasmineeeeeee!!! Dje si? Sa'ima? A vid' mene bas u najgori dan, izmedju dva vikenda. Aj' valjda je bar kahva dobra. Nego, da te pitam opet : jel'te bar malo sram kad ovo procitas?
ReplyDeleteĐasmin srama nikad nije ni imao , boli ga ona stvar , ha ovako ha onako njemu šuške u džep idu .
DeleteSto je najbolje nisu mu ni suske neke, jado samo odradjuje prljavi poso za prave gazde
DeleteJasmin is doing his best, this year OU has made one of the best moves in century. Just wait and see a220-100 in fleet and you will see profits and expansion only up! Jasmin is the aviation legend, one of the best CEO ever!
DeleteI like your sarcasm, cynicism and black humor. You just made my day 😃
Delete@pozdrav upravo tako, Jasmin to sve radi za malo više kikirikija, a prave gazde uzimaju kajmak …
DeleteAttack Jasmin aa much as you want, but his results and moves will be studied at most prestigious universities.
Delete@Anonymous17:37
DeleteMade my day 😂😂😂
For the second time 😂😂
DeleteHe never said it as a positive thing.
DeleteReally good way to start the new year.
ReplyDelete4 wide body planes is quite impressive in my opinion.
ReplyDeleteSlowly they are becoming a really serious player in this part of Europe. Well done!
DeleteI'm just bracing myself foe four different long haul products on each plane.
ReplyDelete* for
DeleteYes, it will be interesting to see what they do with the cabins.
DeleteI always remember Transaero. They also had different long haul products, inheriting them from whoever they sourced their planes from. I hope that JU can at some point have a single long haul product, as it will be simpler (and cheaper) from an operational perspective.
DeleteMost likely in the beginning, but that remains to be seen.
DeleteLet's not forget: https://www.exyuaviation.com/2022/08/air-serbia-in-talks-with-airbus-over.html
Would be nice if they left the fourth one in standard JU livery.
ReplyDeleteI knew it from yesterday's post it wasn't going to be a deal just for a single wide body. I'm glad they got both so this makes up a little bit for the delay from last year.
ReplyDeleteI hope its successful so the 5th A330 can be looked at for the end of 2024.
JU is looking like a better and better company. As long as no one from the government gets over involved it could double by 2030
They'll have more a330s than a320s lol
ReplyDeleteThey will add more A320 on the first Quarter of this year dont worry
DeleteGood luck! Hope it happens.
ReplyDeleteDoes it make more sense increasing JFK to say 10 weekly (wo 3 extra weekly flights) or introducing Miami 2-3 weekly?
ReplyDeletemaybe it does. since JFK is performing very very well. and JFK is more desirable for people in the region so more likely to have more demand for transfer passangers from the balkan than miami. so a second daily option for people would be more desirable so they dont have to use rome, istanbul, frankfurt or london. especially since JU will also recieve 3 more ATR in the beginning of 2024 so they can increase their regional route frequency like double daily sarajevo etc.
DeleteJFK is doing very very well? Yeah, maybe by LF, but not profitability wise. JFK is still a loose making route (not much, but not making a profit!).
DeleteYes, I am sure about it. They don't carry any cargo at all, their Premium/business class is always empty, and they will add two or three more weekly rotations to increase their losses. Some people here, OMG
DeleteYes. I'm sure it's a "loose" making route and you even determined by how much as I'm certain Air Serbia forwarded you the financial performance of the route. Some people on here...
Deletebtw loose is wrong, it's written loss
DeleteOh Lord, here we go again. There's no NA expansion before 2025!
Deletedont know who lied to you about JFK making a loss. its a profitable route since 2021
Delete@ 12:11 increase of JFK to double daily on 2 or 3 days per week is not an expansion. the term expansion means a new route launched not an existing route with more frequency.
DeleteHere we go again with what? There will be no expansion to new NA destinations in 2024, but it is clearly said in the article : "the remaining capacity (after new China services) most likely will be added to JFK, growing beyond daily...". And people discuss on that, so what exactly is your problem, if I may ask?
DeleteI was quoting the comment @10:00, where introduction to MIA was mentioned. Chillax guys
DeleteEveryone speaks about MIA and JFK but I am more curious to see what becomes of ORD. This is a destination I would love to see go up to 5 weekly if they have enough slots. Their 17.20 departure from BEG is fantastic as you get a whole day in Chicago on the way back.
DeleteDoes it make more sense increasing JFK to say 10 weekly (wo 3 extra weekly flights) or introducing Miami 2-3 weekly?
DeleteNeither.
You are right @16.15. They should cancel all A330 leases, take brand new shiny A220 fleet, and feed LH in Minken and Vrankvurt for their flights to New York and Miami. Cheers!
DeleteWhy not both? Increase NY in the summer and use the additional capacity in the winter for Miami as a seasonal destination for start.
DeleteInstead of increasing JFK and launching MIA, why not start new destination that has way more seasonal demand than Miami or Chicago?
DeleteAnon 17.05 they are doing exactly that with these Chinese destinations. They seem to have less seasonality compared to the North American ones.
DeleteIt remains to be seen if Belgrade tourism has enough draw to fill a total of 8-10 weekly widebodies from China. Belgrade didn't open any new major tourist attraction in the past five years. Didn't happen: moving Nikola Tesla museum to Dorcol power plant building, Ferris Wheel, W Hotel/St Regis Hotel/Observation Deck, Aquarium, new Philharmonic, Ada Gondola, Linear Park, Formula 1 race etc. Tourists don't expect Universal Beijing Resort or Las Vegas Sphere in Belgrade but classic attractions are not enough.
DeleteSt Regis is opening in Q1.
DeleteI would definitely say the 10 minute NYE fireworks at Belgrade Waterfront which started in 2022 is a new attraction. Without doubt one of the best in Europe and wider.
DeleteSt. Regis should open soon.
DeleteLinijski park is work in progress. Total distance that needs to be covered is 4.5 km. Right now they completed 10% of the project. Work started in January 2022 so about a year ago.
Following the link below you can see some updates. I see that the last one was from March 2022 and that part was since completed.
https://beobuild.rs/linijski-park-p3051.html
Put Lepa Brena on the tail
ReplyDeleteCeca is a must!
DeleteJK with "Mashallah" over the fuselage.
DeleteHonestly Lepa Brena would be a total hit. Love her or hate her but it would bring a smile to everyone's face
DeleteOh wait Bata Zivojinovic for the Chinese flights. Valter brani Sarajevo
DeleteSve zajedno sa cevapima na repu i Batinom glavom... Daj bre ljudi ne zezajte, kakva Ceca i Brena... Imamo mi mnogo istorijski ličnosti i intelektualaca umesto ovih estradnih umetnica.
Deletehow about "Luche iz Kasindol" (Dragana Mirkovic)?
DeleteWho they might put on the livery for those two new wide body airplanes? Any ideas?
ReplyDeleteI`d put Milanković on the third, but leave the fourth in the original Air Serbia livery.
ReplyDeleteDoes it mean that any new chinese company start new flights to serbia?
ReplyDeleteI think no, JU can do it by themselves :)
DeleteVery good developments
ReplyDeleteGreat. Now they need to work on improving on board service.
ReplyDeleteYU-ARD and YU-ARE
ReplyDeleteHopefully it'll be A330-300.
ReplyDeleteNo, it won't be A333.
DeleteWow!
ReplyDeleteCongratulations Air Serbia!
ReplyDeleteExpo livery is a must
ReplyDeleteYes I'm also pretty sure one will be expo livery. For the other one they said back in February last year that they already chose the personality for the third wide bisy
DeleteYeah, let the taxpayers know where their 12 bn euros will be thrown, the golden era!
DeleteWell, truth be told, when it comes to aviation we are living in a golden era. We haven't had such a commercially run and successful airline since AeroPut. Love them or hate them but Air Serbia is one of the rare things SNS did right.
DeleteI don't know about that Nemjee... I think JAT from the 70's and 80's had a much stronger position/market share of the global air travel market. I always wondered where JAT would have ended up if it wasn't for the war. Could they have been the Turkish of today? The potential (especially geographically) was there. Having said this, they would still need competent management (without government interference) to pull it off.
Delete@POPO
DeleteI worked in JAT 1989-1991. And I can assure you that if Yugoslavia remained a single market, with no war and no theft during and after the war, that JAT today would have been real global player, with a fleet of over 100 aircraft, 20-30 wide body, and well over 100 destinations, 150 more likely. Probably not as huge as Turkish, because of Turkey being so huge country, but at least three or four times bigger than at its peak 1980-1990. Just one more note : During its last decade, JAT didn't receive one single cent/dinar of subsidies from the state. There was also no government interference of any kind. There were constant attempts of SKJ hardliners to influence the things, but generally they were usually stupid and unsuccessful and were mostly subject of fun and jokes only. Yugoslavia basically had open market economy model, 100 % different from the Soviet bloc economies, and within such a model, JAT was the company which was totally incorporated into full market economy standards, with western technology and with success of doing business on the open market and with global competition. And concerning management : Miljenko Zrelec, the last CEO before everything was destroyed, was exactly what you were suggesting : highly skilled, devoted, competent professional.
1986-1991
DeleteDo you know what became of Miljenko Zrelec?
DeleteAir Serbia should finally catch up to JAT next year. I guess they will have more than 4.5 million passengers and their widebody fleet should be as big as JAT's. If I am not wrong JAT had five DC-10s for only one year?
No idea what was going on with M.Z. 1991-2001, when he died in Belgrade. And if I remember correctly, JAT had 4 DC-10 and one L1015 TriStar (RJ) in 1989, and 5 DC-10 in 1990, so 5 wb units for two years, and with 6 MD11 orders and 3 (own) DC-10 sold and leased back plan was to grow the fleet to 9 wide bodies within the next 2-3 years, and destinations which were to be introduced are Washington, Miami, Houston, San Francisco, Vancouver, Caracas, Bombay/Mumbai, Colombo, Seoul, Manila and possibly Tokyo, where application was filed 10 years before and not yet approved
Deletefor those, who just bought official neoliberal version of what happened to JAT and what actually was, I suggest that you read a book Bio jednom jedan JAT by Jovo Simsic. https://www.aviatica.rs/bio-jedan-jat-uskoro-izlazi-iz-stampe/
DeleteIt will be eye opener. For those who were in more intimate relation with JAT (or even worked for, like pozdrav), know better. Mr. Simsic just put all the facts (not fancy stories) about JAT and how well it was run (especially by Mr. Zrelec) and how modern it was. On that note, I remember when there was some interest from JAT to get B767 and some senior captains were sent to Uzbekistan Airlines to check them out...they went there with quite a condescending stance...like...we will find camels there haha (as they were accustomed to such high level of operations). What they found there changed their condescending stance to pure respect. Uzbekistan was running space center in comparison to JAT. Morale of the story - never underestimate something or somebody until you have the whole picture.
Many were trying to portray JAT as looser and state sponsored company...without knowing the reality....
Four A330s is a solid number of planes in the fleet. With that the can run a respectable long-haul network. I think they should get another one and then focus on standardizing their onboard product.
ReplyDeleteWhen it comes to JFK, last year they already had more seats than Austrian Airlines (daily B763 vs daily A332) so if JU boosts it to 9 or 10 weekly then they will become even more competitive in the region for transfers. Yes, OS also flies to EWR but most people would still fly to JFK despite it being further away from Manhattan than Newark.
Chicago is more tricky as OS relies on UA's vast network so they run a daily B777. All in all, this growth by JU will finally put them on the aviation map as they are slowly becoming a relevant player. Hopefully by summer 2024 they will come close to operating 40 planes (32-34 in summer 2023).
Austrian:
Delete07/2023:
JFK-VIE: 31 flights; 6975 seats; 5874 pax; 84% LF; 124914 lbs cargo
VIE-JFK: 31 flights; 6975 seats; 6230 pax; 89% LF; 281679 lbs cargo
08/2023:
not available yet
Air Serbia:
07/2023:
JFK-BEG: 31 flights; 7250 seats; 6866 pax; 95% LF; 130766 lbs cargo
BEG-JFK: 31 flights; 8250 seats; 7292 pax; 88% LF; 232518 lbs cargo
08/2023:
JFK-BEG: 31 flights; 9250 seats; 5407 pax; 58% LF; 108381 lbs cargo
BEG-JFK: 31 flights; 9250 seats; 8167 pax; 88% LF; 205322 lbs cargo
Pls remeber that Austrian serves also Newark, which is bigger for OS than JFK (29 flights each way in 7/2023; 10150 seats one way in 7/2023, with 8420 pax on VIE-EWR and 9271 on EWR-VIE).
I don't know why my data show different amounts of seats for JU.
July numbers at JFK:
DeleteOS: 12.104
JU: 15.033
Are you sure your numbers for BEG-JFK in August are correct? I can't imagine JU had a LF of only 58% at the height of the summer season?
As for EWR, of course, I mentioned it in my comment as it is a relevant point. However, I think some 10 to 15 years ago they had more than daily flights to JFK. Now they seem 'stuck' at daily flights with the ancient and uncomfortable 767. Then again, it's not easy for them being so close to MUC (ZRH and FRA as well in a way).
OS in JFK/EWR will have 14 weekly flights so JU is coming close to that number especially if they boost it to 10 weekly this summer.
Btw thank you for sharing those numbers with us.
DeleteBecause aircraft have between 257 and 268 seats, the number of seats offered is apparently wrong. Unless there are blocked seats, for 31 flights it should be between 7967 and 8308. This of course impacts on the LF %. The data provider screwed this a bit.
DeleteDo you know whether JU flies to JKF constantly with one plane or a mix? That would allow to correct the LF data as their planes have different number of seats.
DeleteI agree that Austrian is very weak at JFK. Also their cargo is far from impressive. Still what counts are the fares for pax and cargo. This is not shown here.
Lower cargo could be because of 767 which is very weak in that department compared to 332
DeleteI am anon 17.25, 17.44.
DeleteTen years earlier (07/2013) OS had 31 flights each way to/from JFK, although with bigger aircraft (9548 seats each way; 92-94% LF). Fifteen years ago (07/2008) they only had 29 flights to/from JFK each way (7482 seats each way; 78-82% LF). So no, they are not getting much smaller at JFK.
The bigger aircraft cost them a lot in terms of profitability. It would be very difficult to compete with them in exYu for transfer passengers if OS had to fill 777 to JFK.
Overall in 07/2023 OS had 288 flights to/from US with average 86% LF and 3021735 lbs cargo. That means 10492 lbs per flight, which is less than 5 tonnes.
A.
Why net profit is less in the second part of the year? Wet-lease?
ReplyDeleteThey started 20 new routes in Q3 which require investment. Net profit will be around 50 million. You will see.
DeleteI think it has to do with accounting. JU repaid the loan (позајмица оснивача in Serbian) and when you do it, it actually reduces your profit. Their estimates were right when they said their profit should be around €50 million in 2023.
Delete@Nemjee, that is not quite correct.
DeleteRepayment of liabilities (in this case loan) does not impact P&L, i.e. net profit.
Zavisi od vrste kredite. Investicioni se ne racuna ali ako se ostali isplacuju prevremeno ili vracaju stare pozajmice onda se odredjene knjize tako da se smanjuje dobit na kraju godine.
DeleteNe zavisi.
DeleteKredit je obaveza u balance sheetu i njegova otplata tangira taj finansijski izveštaj.
Jedino vezano za kredit što ima efekat na P&L je trošak kamate.
Jeste ali mesecna rata utice na visinu zarade pri mesecnoj otplati.
DeleteJU can be better than LOT if in the 5 coming years, everything is getting positive.
ReplyDelete"Regarding China, ideally, we would start each destination with two weekly flights. However, this depends on many factors, and since we are committed to our Chinese development, we might start gradually."
ReplyDeletePVG x1
CAN x1
TSN x2
ORD x3
JFK x9
Total: x16
Just three A330s can handle it. What is the purpose of the 4th A330 in 2024???
Maybe read the rest of his statement?
DeleteMaybe you should read this site on a regular basis? That statement was published before and it still does not make sense to lease one flyable A330 for rare events like AOG and spare parts.
DeleteLiterally yesterday's article:
Delete"The airline anticipates introducing services to Shanghai, for which it has secured slots for two weekly flights, and Guangzhou, for which it has permits for three weekly rotations."
https://www.exyuaviation.com/2024/01/air-serbia-reaches-agreement-for-wide.html?m=1
Where did you get 1 pw PVG and 1 pw CAN from?
From the quote from the last section of today's article. It was quoted by Anon 16:01. They would like to start with 2pw but might have to start gradually. That means start with one weekly.
DeleteThen it means they start with tree a332 and "gradualy" upgrade when forth a332 comes.
DeleteBoth A330 are arriving in May if you read the text.
DeleteThank you
DeleteCould we see these Air Serbia flights to China used for connection to Australia? Perhaps a tie in with one of the Chinese carriers flying to Sydney and Melbourne? Thoughts?
ReplyDeleteTianjin and Shanghai, lower frequencies and much to the North, I would say no. Maybe the southernmost Guangzhou/Canton has three weekly frequencies approved precisely with Australia transfers on mind. But they would need to codeshare China Southern for that, which has its main hub there
DeleteThey can increase JFK to three a day but i will continue flying four times a year to BEG from EWR with Austrian or Turkish. Not only is JFK one of the dirtiest, most congested, and poorly rum airports in the US, but one must also drive through NYC to get to it. And that is neither an easy or inexpensive task.
ReplyDeleteExtremely extensive NYC public transport and Subway system can take you practically doors to doors from any borough in NYC to JFK without hassle and rather inexpensive
DeleteIt depends where you live. NYC metro blows. I drive and park at jfk. Ewr to beg takes longer and is more expensive.
DeleteSo if I understand you correctly, you would rather fly two segments and connect in Vienna or Istanbul than spending a bit of time in local transit and fly directly to Belgrade. Unless the reason is ticket price and / or miles reward program for frequent flyers, it really doesn't make much sense. However, the choice is only yours.
DeletePozdrav iz Rijeke . That is actually not true as their transit is a big mess and consistently delayed due to huge congestion.
DeleteIf you say so, let it be so. But whenever I used it, and it was not once or twice, everything went smooth and without delays
DeleteFlying Turkish airlines it becomes 15 hours trip vs 7.5 hrs trip with Air Serbia. So I don't think you care about tune too much, it seems money issue to me.
DeleteYou gotta fork out cash for a direct ot talk bs talk.
Kad će Singapur ili Džakarta ili Bali?
ReplyDelete