AS Sustainability Report

Economic value and connectivity

Materiality analysis and stakeholder engagement

Introduction

CEO letter

Air SERBIA’s Story

Air Serbia in 2025 - year in review

Governance

Environment

Social

Appendix

Belgrade - Mykonos Air Serbia further expanded its summer destination network through the launch of direct flights between Belgrade and Mykonos, strengthening the company's presence in the Greek market and improving connectivity with one of the Mediterranean's most recognized leisure destinations. The introduction of the route forms part of Air Serbia's broader strategy focused on expanding seasonal and leisure travel opportunities while responding to growing passenger demand for Mediterranean destinations. During the summer season, the company operated flights to multiple destinations across Greece, contributing to stronger tourism exchange and regional mobility between Serbia and the Greek market. The new service also improves onward connectivity through Belgrade to destinations across Air Serbia's wider network, reinforcing the role of the Serbian capital as an important regional transfer hub linking Southeast Europe with major European markets and seasonal tourism destinations.

Belgrade - Alghero

The launch of direct flights between Belgrade and Alghero further expanded Air Serbia's Mediterranean network and strengthened the company's presence in the Italian market. The seasonal route improves connectivity between Serbia and Sardinia, one of the Mediterranean's most recognized tourism destinations, while providing additional travel opportunities for leisure passengers during the summer season. The new service forms part of Air Serbia's broader strategy of expanding access to key European leisure destinations and strengthening connectivity between the Western Balkans and important tourism markets. Through its growing network in Italy, the company continues to support tourism flows, cultural exchange and increased mobility between the two countries.

Sustainability Report 50

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