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Montenegro Airlines

Montenegro Airlines
Montenegro Airlines logo.jpg
IATA ICAO Callsign
YM MGX MONTENEGRO
Founded 24 October 1994
Hubs Podgorica Airport
Secondary hubs Tivat Airport
Frequent-flyer program Vision Team
Fleet size 6
Destinations 19
Company slogan We give wings to your dreams!
Headquarters Podgorica, Montenegro
Key people Daliborka Pejović, CEO
Net income Decrease € -10.2 million (2015)
Website montenegroairlines.com

Montenegro Airlines a.d. (Montenegrin: Монтенегро ерлајнс / Montenegro erlajns) is the flag carrier of Montenegro, headquartered in Podgorica. It operates scheduled and charter services throughout Europe from its hub at Podgorica Airport with a second base maintained at Tivat Airport.

The airline was founded on October 24, 1994, by the government of the Federal Republic of Yugoslavia. The first aircraft, a Fokker 28 Mk4000 (nicknamed "Lovćen"), was purchased almost two years later in 1996. The first commercial flight took place on May 7, 1997, at exactly 10:30 between Podgorica and Bari, Italy.

In April 2000, Montenegro Airlines became a member of the International Air Transport Association (IATA). In June 2000, the first of five Fokker F100 aircraft was delivered to Podgorica Airport. The airline joined Amadeus CRS on March 5, 2003. In 2004, Montenegro Airlines' pilots were the first in the region to be granted the IIIA certificate. On July 2 of the same year the airline carried its millionth passenger.

After the Montenegrin independence referendum, Serbia became an international market for Montenegrin companies. Montenegro Airlines had to cease international flights from Serbia to countries other than Montenegro, thus losing the profitable Niš - Zurich line, due to lack of Seventh Freedom policy. In an effort to circumvent this, Montenegro Airlines registered a separate airline in Serbia called Master Airways, but it was denied an operating license allegedly due to Serbian Government protectionist policies. On July 23, 2007, Montenegro Airlines ordered 2 Embraer 195 in order to grow its fleet and destination network. The aircraft being leased from GECAS for a period of 8 years. The first of the two Embraer E-195s arrived at Podgorica Airport on 5 June 2008. The delivery of the first Embraer was followed by introduction of regular flights to London-Gatwick and Milan-Malpensa International Airport.


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