The number of tickets issued from Russia for onward travel via Serbia surged 60% in the week immediately after the start of the war compared to the whole of January. Although 85% of Russian transfers via Belgrade were destined to Montenegro during the first month of the year, the figure declined to 40% in the week after the start of the war, as Serbia became a hub for onward travel to other European countries. The main markets for onward travel for Russian passengers via Belgrade, following Montenegro, are Cyprus, France, Switzerland and Italy. Serbia is also one of the rare European markets to see its global flight bookings decline less than 10% following the start of the war, with most other European markets registering a decline of between 30% and 50%.
Source: Ex-Yu Aviation News