Montenegro Airlines to be privatised

Victoria
By Victoria February 21, 2012 15:49

Montenegro Airlines to be privatised


Montenegro Airlines will be privatised this year following a final decision by the country’s government. Montenegrin Prime Minister Igor Lukšić confirmed that the airline will be offered to investors through a public tender.

 

This will not be an easy sale, however, since the government has been paying €400,000 a month to Montenegro Airlines to cover operational costs and write off its debt to Podgorica and Tivat airports.

 

In order to cover the debt owed to the Serbia and Montenegro Air Services Agency the government has offered them ownership of the Park Hotel in Bijela on the Montenegrin coast.

Victoria
By Victoria February 21, 2012 15:49
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