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01 09 - 2014

Successful H1 revealed by Air Serbia

H1 of 2014 has proven to be a successful period for Air Serbia, with the airline announcing strong improvements in total revenue, following an increase of 82 per cent to €102 million, compared to €56 million during H1 of 2013.

Between January and June this year, a total of 944,000 passengers travelled with the airline, representing almost 70 per cent more than the corresponding period last year. The carrier's passenger carrying capacity, measured in Available Seat Kilometres (ASKs), was 1,588 million by the end of H1 of 2014, an increase of 85 per cent compared to the same period last year.

Since its launch in October last year, the airline has inducted nine Airbus aircraft, with two Airbus A320 aircraft delivered in Q2 of 2014. This has resulted in the average age of the jet fleet being reduced from 25 years to 10 years.
CEO, Air Serbia, Dane Kondić commented: "The results are very pleasing and demonstrate how effectively the Air Serbia team is working to deliver on the strategy of sustainable growth.

"We are on track to deliver a profitable, strong airline by the end of the current financial year, in line with the commitment of our shareholders, the government of Serbia and Etihad Airways.

"We expect to maintain the momentum for the second half of 2014, as we continue to reconnect the Balkan region and new markets, through a combination of direct flights, as well as expanding our codeshare partnerships. There is no doubt that we are bringing choice, convenience and comfort to travellers."

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