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Montenegro Airlines Folds


LoyaltyLobby
Dec 25, 2020
A small regional airline based in Podgorica Airport, Montenegro Airlines, has folded after the country’s government decided to pull the plug.
The chronically money-losing airline was founded when Montenegro was still part of Yugoslavia in 1994. The country plans to launch a new national airline in late 2021.
Despite opposition warnings of the economic impact, Montenegro’s new government on Thursday ordered the closure of national airline Montenegro Airlines, citing debts racked up under previous governments.
Capital Investments Minister Mladen Bojanic said it would cost 50 million euros to close the flag carrier and take up to nine months to create a new one. ....

Montenegro General , Mladen Bojanic , Dadria Airways , European Union , Montenegro Airlines , Podgorica Airport , Balkan Times , Investments Minister Mladen Bojanic , மாஂடநேக்ரொ ஜநரல் , ஐரோப்பிய தொழிற்சங்கம் , மாஂடநேக்ரொ விமான நிறுவனங்கள் , பால்கன் முறை ,