Montenegro’s Government expects LoI for acquisition of Montenegro Airlines

    Montenegro‘s Minister of Transport and Maritime Affairs Osman Nurković said Montenegro’s Government expects to receive a LoI for the acquisition of Montenegro Airlines (Cafe del Montenegro/seebiz.eu, 11-Sep-2018). Montenegro Airlines reported a EUR2 million year-on-year improvement in financial results for 1H2018, despite an increase in fuel costs to EUR1.2 million, as previously reported by CAPA.