economy
Data Manipulation: How Forbes and N1 Create a Negative Picture of Air Serbia's Operations
Analyst Uroš Piper sharply criticized the reporting of Nova S and Forbes media, calling it an example of 'media dishonor'. The focus of the criticism was how these media outlets reported information about Air Serbia's financial performance.
TL;DR
- Analyst Uroš Piper accuses Forbes and Nova S of 'media dishonor' for their reporting on Air Serbia's financial performance.
- A Forbes headline, echoed by N1, suggested Air Serbia's record revenue was tied to a billion dinars for canceled flights, which Piper claims is misleading.
- Piper highlights that the article itself reported an impressive revenue of 720 million euros for 2025.
- He states the mention of a billion dinars for canceled flights refers to standard industry practice, not a sign of financial distress.
- Piper contrasts Air Serbia's current state with the losses of the former JAT airline (2008-2012), which accumulated 175 million euros in losses and 300 million euros in total debt.
- He calls the reporting a stark contrast between Serbia's past 'black' financial situation and its current 'white' success.