Menzies Aviation has signed a Memorandum of Understanding (MoU) with Air Serbia – the two will form a joint venture.
As part of the planned cooperation, Menzies will deliver passenger and ramp services at Belgrade Nikola Tesla Airport (BEG) beginning in February 2024. The agreement, Menzies’ biggest deal in Eastern Europe to date, will see local teams manage more than 22,000 turns in the first year at the airport, Serbia’s largest and busiest.
The move is the latest in a drive by Air Serbia to expand its network. With approximately 50% market share in BEG, the airline successfully grew its network to 15 new destinations in 2022, with a further 23 routes in 2023 including the United States, China, Greece, Italy, Germany, Poland and many others. It is also set to launch a new service between Belgrade and Porto, Portugal’s second largest city, in November.
Philipp Joeinig, CEO, Menzies Aviation, said: “We are extremely excited by the opportunity to work with Air Serbia, helping the airline achieve further domestic and international growth. Strategically, this venture represents a major step for Menzies, supporting our ambitions to expand our presence in the Balkans and support emerging aviation markets. We are looking forward to delivering market leading, high-quality aviation services in the Balkans with the fast-growing Air Serbia, and increasing our market share at Belgrade Airport.”
Image: Menzies Aviation
