Montenegro Airlines (YM, Podgorica) has taken two Fokker 100s, put up for sale in November last year, off the market after neither aircraft garnered any significant bids. CEO Zivko Banjevic told local media outlet Vijesti that owing to their age (averaged as 26.2 years) 4O-AOK (cn 11272) and 4O-AOL (cn 11268) will likely be cannibalized for spare parts.
Though the Montenegrin national carrier operated a fleet of five Fokker 100s at one point, only two - 4O-AOM (cn 11321) and 4O-AOP (cn 11332) ...
EX-YU Aviation News says the agreement between the two ex-Yugoslav operators has been structured in such as way as to allow the Croatians to study the Embraer (São José dos Campos) Regional Jets' performance before the aircraft are formally deployed into service.
Croatia Airlines (OU, Zagreb) is interested in acquiring a stake in fellow ex-Yugoslav operator, Montenegro Airlines (YM, Podgorica), local Montenegrin newspaper, Pobjeda, has reported. Podgorica put a minority shareholding in the carrier up for sale through an international tender in February this year.
According to EX-YU Aviation News, the announcement comes after representatives from both airlines held talks with the Montenegrin Minister for Transport and Maritime Affairs, Ivan Brajović, ...
Montenegro Airlines (YM, Podgorica) backer, the Montenegrin government, has rubbished reports in the local press claiming the national carrier is planning to relocate to Belgrade in a bid to cut costs.
The local “Dnevne novine” newspaper had claimed the carrier was considering the switch, alongside plans to slash its workforce by half, as part of a strategic partnership agreement to be inked with Etihad Airways (EY, Abu Dhabi Int'l) this summer.