In 2007, Jat Airways netted 300 million dinars, or 3.75 million euros, in profits, which is one hundred million dinars up on the preliminary business results' estimates as announced by the company late last year. The annual balance sheet has unequivocally confirmed that 2007 was a record year, as best business results have been recorded for the past seventeen years.

The year 2007 was the most successful business year since the early 1990s, when the Yugoslav Airlines operated under completely different set of economic and political circumstances on a market with population of over 20 million.

Solid business results were possible thanks to the company's stable, market-oriented business policy that generated earnings on its own merit without any government assistance.

The indices of the traffic's physical volume all showed improvement in 2007. In the course of last year, Jat carried 1 million 306,301 passengers, or one hundred thousand more than in 2006, also recording the best results in the past seventeen years.

The cabin load factor (CLF) rose 4 percentage points and stood at 62 percent. This brought the Serbian national air company closed to the European air carries’ group recording an average CLF of 65 percent.

A record growth in the number or charter flights was a special feature of the year 2007. In the course of last year, charter flights thus accounted for nearly 167,000 passengers, nearly twice as much than in 2006.

Scheduled flights, too, scored solid results. A total of 11,884 fights were performed, or thirty flights a day, or four percent higher than in 2006. Jat makes a special point of the fact that the number of fights in the Euro-Mediterranean traffic went up – a total of 935,954 passengers were carried, or 7.2 percent more than in 2006. Jat performed best on the flights to destinations that included Zurich Paris, London, Moscow, Vienna and Frankfurt as well as on the destinations in the region.

Despite an obsolete fleet, Jat managed to maintain solid flight punctuality, which in 2007 stood at 66 percent, thus retaining the preceding year's level, whereas arrival punctually was slightly lower and stood at 58 percent. Jat considers such punctuality level as successful in the light of heavier frequency and a fleet that is another year older.

In 2007, Jat Airways fleet aircraft logged 38,317 flight hours, which is an average of 105 hours daily, or five percent up on the 2006 level. The B-737-300 fleet exceeded the plan by ten percent, and the 2006 level by twenty percent.

The fleet recorded an average of 9:07 hours a day, as the flight hours stood at seven percent higher than a year ago. The brunt of this was borne by the B-737-300 aircraft; they recorded a daily average of 9:39 hours, which is eight percent higher compared to the preceding year.

Financial returns recorded over the past two years made it possible for Jat in early 2008 to set aside the sum of seven million dollars for fleet revitalization. A total of 12 million dollars are to be apportioned for this purpose through the end of the year.

A reserve aircraft that Jat is at long last to secure would guarantee improved flight punctuality and allow Jat to promise all its passengers they would reach their destinations on time.

Providing stable and predictable operating conditions in the coming period, Jat Airways may expect the year 2008 to be even more successful than the previous two.

According to the defined business plan, Jat is this year to carry one million 500,000 passengers and increase the overall number of flights.

One of the company priorities in 2008 entails enhancing regional traffic. Jat has initiated the issue of establishing traffic with Croatia and in this context in 2008 plans to open new lines, first of all to Pula. Also, one of the priorities is establishing air traffic with new European Union member –countries, Romania and Bulgaria, as invited by a greater presence of Serbian companies on these markets.

In this way, Jat hopes to realize one of its strategic goals – returning to the position of regional commercial aviation leader.