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Air Serbia reports cargo rise

By Staff Reports on May 29, 2014

Air Serbia, the national airline of Serbia, has announced significantly improved performance in the first three months of the year with a 46 percent increase in cargo to 175 tonnes compared to the same period last year. The airline said this is a result of an expanded network, improved reliability and an effective marketing campaign.

“In addition to strong growth in passenger revenue, we are also growing very important cargo revenue, which provides more stability to the revenue base of the business,” said Dane Kondić, CEO.

Cargo includes general cargo items, perishables, including exports of local Serbian cheese, as well as spare industrial parts and electronics.

In the first quarter, Air Serbia launched new routes to Sofia and Budapest. These two routes bring the current Air Serbia network to 34 Euro-Mediterranean destinations serviced directly from its hub at Belgrade’s Nikola Tesla International Airport. More destinations will be launched over the remainder of the year.

Air Serbia has also negotiated a series of codeshare agreements, which are helping to build passenger numbers and revenue. Up to the end of March, Air Serbia has expanded codeshare agreements with Etihad Airways, airberlin, Tarom, Adria Airways and BH Airlines.