5-May-2016 8:15 AM

Air Serbia reports EUR3.9m net profit in second full year operation

Air Serbia reported (04-May-2016) a net profit of EUR3.9 million in its second full year of operation in 2015, exceeding 2014 profit of EUR2.7 million by 44%. Revenue increased 16% to EUR305 million, driven by "significant growth" in passenger numbers, which increased 11% to 2.55 million. Air Serbia’s codeshare partnerships contributed EUR 21.5 million in 2015, a result of the airline developing its existing agreements and signing new codeshare partnerships with Aegean Airlines, airBaltic, Air China, Air Europa and LOT Polish Airlines. [more - original PR]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More