Srđan Radovanović

Who is Srđan Radovanović?

Srđan Radovanović is a Serbian lawyer and business executive. He was employed at the Secretariat for Internal Affairs in Belgrade and he also worked as an attorney. He was part of the management teams at "Grand kafa" and "Droga Kolinska", a member of the board of directors of "Soko Štark" and the board president of "Palanački kiseljak".

On July 2, 2009, he became the chief executive officer of Jat Airways, the Serbian state-owned flag carrier. He had been appointed to the post by the Democratic Party. This appointment marked a break with the unwritten tradition that Jat CEOs should come from within the company and should have transport engineering backgrounds.

In his first press interview after his appointment, Radovanović stated that Jat's loss during the calendar year 2008 was €80 million.

During a brief interview in September, 2009, Radovanović said that in 2010, Jat Airways was expected to increase revenues to 150 million euros, and that there would be a further reduction in the company's losses. It was necessary to make large savings and this would be done by reducing the number of employees and introducing financial discipline in the company. Radovanovic also announced the renewal of a contract with the European aircraft manufacturer Airbus to renew the fleet and the acquisition of new aircraft.