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Montenegro Airlines prepares for partial privatisation

28th October, 2010

Montenegro Airlines and the Government of Montenegro announced the selection of a consortium of financial institutions to advise it on the sale of 30% of the government’s stake. The Government had announced plans to sell a 30% stake in the airline in Sep-2010, with the tender process open until mid-Dec-2010 but in reality the intention to privatise it can be traced back almost four years. [1578 words]

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This report contains the following subheadings:

  • El Al investment scheme not successful
  • Hub potential
  • Montenegro Airlines and JAT fleets to merge?
  • EU bid on ice
  • Porto Montenegro to be the Adriatic’s new luxury destination
  • Port development suggests LCCs may be on the outer

This report contains the following charts and tables:

  • Podgorica Airport international carrier capacity

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