
Montenegro Airlines
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- 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
- Association Membership
- ERA
IATA - 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)
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60 total articles
and
National carriers of the former Yugoslavia meet to discuss challenges
Croatian Government proposes merger of Croatia Airlines, Adria Airways and Montenegro Airlines
Montenegro Airlines to host unification discussions with other former Yugoslavia carriers
Montenegro Airlines commences summer 2012 schedule
Adria Airways supports idea of single EX-YU airline
Montenegro Airlines to be privatised in 2012: Government
Montenegro Airlines to resume Tivat–London Gatwick in Mar-2012
Montenegro Airlines pilots call for government to save the airline
Montenegro to restructure Montenegro Airlines
Turkish close to taking over Montenegro Airlines: reports
Montenegro Airlines remains against privatisation plan
Turkish Airlines interested in acquiring Montenegro Airlines: reports
Government of Montenegro to makesecond attempt at privatising Montenegro Airlines
Montenegro Airlines identifies Serbia and Russia as large market; to expand network
Montenegro Airlines to add new Embraer aircraft in 2013
Government to write off EUR3.2m in Montenegro Airlines debt
6,355 total articles
and
Flag carriers of the former Yugoslavia urged to unite
National carriers in countries of the former Yugoslavia are struggling to survive in the current economic environment as operating costs rise and they face competition from large network carriers and expanding low-cost carriers. The former Yugoslavian nations of Bosnia and Herzegovina, Croatia, Montenegro, Serbia and Slovenia all have national airlines but are struggling to become profitable, while the national carriers of Kosovo and Macedonia have already failed and have not been revived.
Association of European Airlines (AEA) secretary general Ulrich Schulte Strathaus recently told Slovenian newspaper Dnevnik that national carriers in the former Yugoslavia need to unite into a single carrier in order to survive. Mr Strathaus stated, “the once single Yugoslav market is now fragmented and a regional solution is necessary. The region needs an airline that would cover local needs and connect with global hubs.”
The main airlines in the region are Bosnia and Herzegovina’s B&H Airlines, Croatia’s Croatia Airlines, Montenegro’s Montenegro Airlines, Serbia’s Jat Airways and Slovenia’s Adria Airways.
Europe's fringe carriers look for partners to overcome financial crisis; Cyprus Airways latest
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
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
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
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.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
Great news! CAPA now offers email and phone contact functionality through its partnership with Gooey. Corporate access for this feature is USD1000 per annum.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.




