EX-YU airlines agree on closer tiesOver the weekend the CEOs of Montenegro Airlines, Adria Airways, Jat Airways and Croatia Airlines met in Budva to discuss closer cooperation which could eventually lead to the merger of the national carriers. Montenegro Airlines CEO, Zoran Djurišić, says he expects the formation of single national carrier for the nations of the former Yugoslavia within the following five to eight years. “Before the breakup of Yugoslavia, the market counted some ten million travellers, of which seven million were carried by JAT and Adria while the rest by foreign airlines. Today we have a market of eleven million but only four million use these four national airlines”, Djurišić notes.
During the meeting the four sides agreed on closer cooperation. Also discussed was the implementation of a free skies agreement between the EX-YU countries, a fleet exchange plan and a unified approach on the international market through unified representation of all four airlines. Today, all four airlines will form task groups which will work on the abovementioned issues with the next meeting of the CEOs to take place in a month’s time.
Following the weekend meeting, Adria Airways CEO Klemen Boštjančič said, “We have agreed on how we can help each other. We will put in motion all of our decisions”. Jat Airways’ CEO, Vladimir Ognjenović, was also happy with the end result, “Through this cooperation all four airlines will benefit as well as passengers who will be able to get to their destination quicker and cheaper”. First on the agenda will be the creation of code share agreements. Ognjenović says the first results of the weekend meeting will be visible in less than a month. Members of the Serbian, Croatian and Montenegrin governments have shown support for some type of merger between the national carriers of the former Yugoslavia.