Air Serbia saw its net profit for 2016 drop sharply to €0.9 million ($1.1 million) compared to €3.9 million in 2015. It achieved the result on revenue up 5% at €320 million, compared to €305 million the previous year. The central European carrier said it made considerable investments in its product over the year. The airline pointed to the delivery of its first widebody aircraft—a leased Airbus A330—and the reintroduction of US services, which were halted ...

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