Air SERBIA’s Story
Materiality analysis and stakeholder engagement
Introduction
CEO letter
Air Serbia in 2025 - year in review
Governance
Environment
Economic value and connectivity
Social
Appendix
03. AIR SERBIA’S STORY Since 1927 - connecting Serbia to the world for almost a century.
1927 FOUNDED AS AEROPUT
98 YEARS OF FLYING
4 CONTINENTS SERVED
100% OWNED BY REPUBLIC OF SERBIA
1927 - 1938
1947 - 1989
1970 - 1989
1990 - 2006
2013- 2019
2020 - 2025
STRATEGIC LEAP
GLOBAL REACH
TESTING RESILIENCE
FULL INDEPENDENCE
A FRESH START
TAKING FLIGHT
10th
10
4
5M+
56
1963
years of continuous operation before becoming Jat Airways
new Airbus aircraft in under a year
passengers a year at the 1987 peak
direct long-haul routes to China, launched between 2022 and 2025
entry into the jet age of aviation
airline in Europe from the very start
Founded in 1927, Aeroput was already flying the Belgrade-Zagreb route by 1928, and by 1938 was hosting an international aviation exhibition
After the war, JAT resumed flying in 1947, and within 22 years its fleet included the first jet aircraft and the Boeing 707.
A round-the-world route in 1974, the first wide-body aircraft in 1978, and by 1987 Serbia was connected to 5 continents through 61 destinations.
War, sanctions and an embargo halted flights to the US in 1992. The company kept operating regardless, transforming into Jat Airways in 2003 and earning an IATA safety certificate in 2005 - among the first in Europe.
The 2013 partnership with Etihad gave rise to Air Serbia, women began flying its aircraft for the first time in 2014, and in 2016 the New York route returned after 24 years
Air Serbia raised its ownership stake from 82% (2020) to 100% (2023) and opened direct routes to Tianjin, Guangzhou, Chicago and Shanghai.
Sustainability Report 04
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