September 20, 2017 3:36 AM ET

Airlines

Company Overview of Air Serbia

Company Overview

Air Serbia operates as an airline that is engaged in the transportation of passengers and cargo in scheduled and charter services, crew and airline staff training, office leasing, and other business activities. It serves various Euro-Mediterranean destinations directly from its hub at Belgrade's Nikola Tesla International Airport; and offers long-haul and international destinations in Asia, Australia, and the Americas through its codeshare partners. The company also carries general type parcels or special cargo, such as live animals, fresh fruits and vegetables, pharmaceuticals, newspapers, etc.; and organizes charter cargo flights, as well as land transportation with trucks. In addition, it...

Bulevar umetnosti 16

Belgrade,  11070

Serbia

Founded in 1927

Phone:

381 11 3114 222

Fax:

381 11 3112 853

Key Executives for Air Serbia

Chief Executive Officer and Member of Executive Board
Chief Operating Officer and Member of Executive Board
Officer for Relations with Government Bodies & Organizations and Member of Executive Board
Aero-Medical Center Director
Compensation as of Fiscal Year 2017.

Air Serbia Key Developments

Air Serbia Plans 100 Job Cuts

Air Serbia plans to make redundant 100 of its 1,600 employees as part of efforts to cut costs. Air Serbia's management has received from Etihad, which controls a 49% stake in the company, a list of measures that need to be implemented to reduce costs.

Air Serbia Reports Earnings Results for the Fiscal Year 2016

Air Serbia reported earnings results for the fiscal year 2016. For the period, the company reported that it has booked a net profit of €900,000 ($1.055 million) in 2016, down from €3.9 million in the previous year, following 'considerable investment' in operations. The operating revenues rose by 5% to €320 million, while the number of passengers handled grew 3% to 2.62 million.

Air Serbia Launches Belgrade-Venice Flights

Air Serbia announced that it started operating regular flights from Belgrade to Italy's Venice, connecting the two cities four times a week. The inaugural flight was operated by an Airbus A319 aircraft named in honour of Dejan Stankovic, a renowned Serbian footballer who resides in Italy, but the service will normally be serviced with an ATR 72-series turboprop aircraft with up to 70 seats. Air Serbia will operate the flight on Monday, Tuesday, Thursday and Sunday. Air Serbia already operates flights from Belgrade to Rome and Milan.

Similar Private Companies By Industry

Company Name Region
Air Serbia Europe

Recent Private Companies Transactions

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