Air Serbia reported a 2015 net profit of €3.9 million ($4.4 million), up 44% compared to a €2.7 million net profit in 2014. The Serbia flag carrier said the full-year results were achieved on the back of “significant growth” in passenger numbers, which increased 11% to 2.55 million year-over-year (YOY). Load factor rose 4 percentage points to 71% and ASKs grew 6% to 3.65 billion YOY. Air Serbia—which was rebranded from the former JAT Airways after Abu ...

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