Air Serbia has reported a record financial performance for 2024, with its net profit surpassing 50 million euros for the first time in the airline’s history. According to the company’s announcement, after tax deductions, the profit for the year will amount to 41.3 million euros, surpassing the impressive results from 2023. Air Serbia’s total revenue for 2024 is expected to exceed 700.3 million euros, marking a significant milestone.
The airline’s General Director, Jirži Marek, highlighted that in 2024, Air Serbia expanded its fleet with the addition of three new ATR 72-600 aircraft, one Airbus A330-200 for long-haul routes, and one Embraer E-195 aircraft. Marek noted that modernizing and growing the fleet, alongside introducing a new type of aircraft, comes with substantial costs and investments.
“Despite these significant expenses, our preliminary results indicate a stronger operating and net performance compared to 2023, a year we were especially proud of. Thanks to strong financial results from last year, we also restructured agreements with one of our leasing partners, allowing us to become owners of three aircraft. This step has helped reduce future financial obligations and further strengthen our stability,” said Marek.
In 2024, Air Serbia transported over 4.4 million passengers across both regular and charter flights. The airline completed more than 47,000 flights from Belgrade, Niš, and Kraljevo airports, serving 87 routes to 33 countries across four continents. Currently, the airline’s fleet includes 27 aircraft, consisting of three wide-body planes, fourteen narrow-body planes, and ten turboprop aircraft. A third Airbus A330-200 aircraft, branded with the design for EXPO 2027, arrived in Belgrade in October 2024. A fourth Airbus A330-200 with the same EXPO branding is expected to join the fleet soon.
Looking ahead to 2025, Air Serbia has expanded its network with the introduction of new long-haul flights. As of January 11, the airline began flying to Shanghai, operating twice weekly flights. Air Serbia has also revealed plans to expand its European network. Starting on April 18, direct flights between Belgrade and Florence will resume, and on June 10, regular flights will be launched between Belgrade and Alghero in Sardinia. With these additions, Air Serbia will operate flights to ten cities in Italy.
Additionally, the airline plans to introduce direct flights from Belgrade to the popular Greek island of Mykonos on June 6.
