The Montenegro Minister of Capital Investment in the newly elected Government announced yesterday, on Christmas Eve, that the Government will not grant any more state aid to the national airline Montenegro Airlines.

The decision equals a death verdict for the airline, as it’s the only chance of survival was the 2019 Law on Investment into Consolidation and Development of the Company for Air Transport of Passengers and Goods “Montenegro Airlines”

According to a report in Serbia based BDK media, on 3 September 2020, the Montenegrin Agency for Protection of Competition issued a decision to open a formal investigation procedure into the compatibility with the state aid rules of the state aid granted by virtue of Lex MA.

Continue reading Montenegro kills its National Airline to Start a New one at eTurboNews | Trends | Travel News Online.
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