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.
Montenegro's Government expects LoI for acquisition of Montenegro Airlines
12 September, 2018