Montenegro Airlines, the Country's Indebted State Airline, Ceases Operations

    Dec. 29, 2020
    It is estimated the company had accumulated more than 150 million of euros in debt, and that debt increased with the pandemic-induced collapse of the summer tourist season.

    By Associated Press

    Source USA Today

    PODGORICA, Montenegro (AP) — Montenegro Airlines ceased its operations on Saturday after the small country’s new government refused to continue financing the indebted national carrier.

    The airline which was formed 25 years ago has apologized to its passengers for the sudden termination of all flights and thanked them for “the years of trust, travel and friendship.”

    Read more: https://www.usatoday.com/story/travel/airline-news/2020/12/27/montenegro-airlines-indebted-state-airline-ceases-operations/4054535001/

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