Jat Airways reported a RSD300 million ($5.2 million) profit in 2007, which it said was 50% higher than forecast and its best result in 17 years. It credited its "stable, market-oriented business policy that generated earnings on its own merit without any government assistance." It did not provide a year-ago result. The Serbian flag carrier transported 1.3 million passengers last year, up 8.3% from 2006, and load factor climbed 4 points to 62%. It said it achieved these results despite an ...

Subscribe to Access this Entire Article

"Jat on the rise" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.