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Montenegro Airlines

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Montenegro Airlines

Montenegro Airlines President and CEO, Zoran Đurišić
Montenegro Airlines President and CEO, Zoran Đurišić
IATA Code
YM
ICAO Code
MGX
Corporate Address
Beogradska 10,
81000 Podgorica,
Montenegro
Website
http://www.montenegroairlines.com
Main hub
Podgorica Golubovci Airport
Country
Montenegro
Business model
Regional/Commuter
Codeshare Partners
Adria Airways
Austrian Airlines

Montenegro Airlines is the national airline of Montenegro, with bases at Podgorica and Tivat airports. The airline operates scheduled service to destinations across eastern and western Europe and charter service to destinations in Italy, Greece, Turkey, Israel, Latvia, Czech Republic and Germany.

Location of Montenegro Airlines main hub (Podgorica Golubovci Airport)

Source: CAPA - Centre for Aviation and Google Maps


 
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54 total articles

6,135 total articles

Europe's fringe carriers look for partners to overcome financial crisis; Cyprus Airways latest

7-Sep-11 11:57 PM

Airlines on Europe's southern and eastern periphery are becoming more precariously positioned, but are looking for for partners to help overcome the growing financial crisis. Cyprus Airways is the latest such carrier, and reported a widening in first half losses in the six months to 30-Jun-2011, as lower top-line revenue fell and higher fuel costs squeezed the airline in the period. Cyprus Airways is also turning to implementing a raft of measures aimed at stemming operating losses.

Airlines: surviving in a changing world. CAPA's Hottest Airlines to Watch in 2011

24-Dec-10 1:19 PM

As the international airline industry evolves from a heavily protected, government-run activity into a commercial hybrid, individual airlines are confronted by massive challenges, each of them unique to the company concerned. At the same time, the industry overall remains constantly at risk from any number of external threats.

CAPA’s Hottest Airlines to watch in 2011: Europe

9-Nov-10 5:09 PM

The European airline market was battered by the global financial crisis, recording a combined loss of USD4.3 billion in 2009, according to IATA. Europe's tepid economic recovery, the ash cloud crisis, difficulties in cutting capacity and massive structural changes within the short-haul market have conspired to make 2010 another challenging year. Losses are anticipated at USD1.3 billion in 2010, making it the only region to be unprofitable in an otherwise strong year for recovery elsewhere. But there are some bright spots in the region. In this report, CAPA reviews the European airlines expected to make waves in 2011.

Montenegro Airlines prepares for partial privatisation

28-Oct-10 2:08 PM

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.

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