European Low Fares Airline Association

Air Serbia will include eight new destinations in Europe, Africa and the Middle East this spring.

Daily flights to the Bulgarian coastal town of Varna begin on May 1st, while departures to Dubrovnik will be launched on May 15th, operating on Tuesdays, Thursdays and Saturdays.

Wizz Air, the biggest low-cost carrier in Central and Eastern Europe, on Wednesday said it would halve its Belgrade operations and close low-fare services entirely from Belgrade to Oslo's Torp and Brussels' Charleroi airports as of May 6.

The company said it was also planning to reduce its flights to other destinations from Belgrade.

The low cost airline Wizz Air will start flights between Sofia and Malta in June. 

The flights will be on Mondays and Fridays and tickets are already on sale. 

Wizz Air is also starting flights between Sofia and Tel Aviv in May. 

According to the company, last year it transported 900 000 passengers to and from Bulgaria.

Etihad on Tuesday announced that an initial loan of $40 million that it gave to Air Serbia has now been transformed into shares, with the consent of the Serbian government.