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In late December, Montenegro’s flag carrier Montenegro Airlines become the latest airline to stop flying as a result of the downturn in travel caused by the Covid-19 pandemic. It is not the first national airline in emerging Europe to go bust, and is unlikely to be the last. An Embraer 195 carrying passengers from Belgrade to Podgorica on December 25 marked the end of the troubled, 26-year history of Montenegro Airlines. In a statement, the airline said, “The Montenegrin government’s decision to shut down our company will have a negative impact on the entire aviation sector in the country. We would like to inform the public that starting tomorrow, December 26, 2020, we are completely suspending all operations”. ....