(MENAFN) Air Serbia, in which Etihad Airways holds a stake of 49 percent, logged a net profit of USD3.02 million for 2014, Arabian Business reported.
In its first year of operation, Air Serbia logged revenues increased by almost 87 percent, reaching USD293.20 million. In 2014, a total of 2.3 million passengers travelled through the airline.
"The profit we have delivered in 2014 is a great sign for the future, as it lays a solid foundation and is proof positive of what can be achieved when the right strategies are put in place," the CEO of Air Serbia said in a statement.
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