Wednesday, November 21, 2012

Montenegro Airlines denies cover up claims

Anger over audit report

Montenegro Airlines has denied claims of covering up 2.5 millions of euros worth of debt and will launch court proceedings against members of the Montenegro State Audit Institution. “Representatives of the State Audit Institution have through false interpretation, the malicious obscuring of facts and key documents misled the Montenegrin public”, a statement from the national carrier reads. In its report the Audit Institution found that Montenegro Airlines withheld parts of its losses from its financial report. However, the company insists, “Montenegro Airlines is one of the most controlled companies in the country’s history. There is no relevant state institution which has not checked the airline’s business practices. Even the police has been checking over every single paper in the company for the past five years. Offcourse, our business practices have always been and are in compliance with state laws and regulations“. Montenegro Airlines has contacted EX-YU aviation news requesting for the company’s response to the report to be published.

The Audit Institution, which spent six months compiling the report, accused Montenegro Airlines’ CEO, Zoran Djurišić, of singlehandedly ordering an Embraer jet. However, the national carrier again challenged the findings, saying that the government ticked off on the order. It says auditors who wrote the report were unable to understand how such a complex business is run. Montenegro Airlines admits that the global economic crisis has created problems at the company but says its restructuring program is under way and will be complete by 2015 when business should stabilise. The State Audit Institution has responded to accusations made by Montenegro Airlines saying the report is accurate and that the company should spend more time resolving its business errors.

Montenegro Airlines handled approximately 500.000 passengers in the first nine months of the year, an increase of 10% compared to the same period in 2011. Earlier this month, the government ruled out the possibility of privatising its national carrier, saying conditions on the market are not right for such a move.

43 comments:

  1. Their reaction is hilarious because they nowhere deny or give reason for the huge debt they have made. Such a small company so many problems. But that’s what usually happens when the airline is corrupt to the core. Let’s see what happens now when Don Milo is back ruling his sultanate.

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  2. Honestly I don’t believe a word they say. MGX is a good airline as in planes and service but this is the Balkans after all.

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  3. Good airline? Too many bad points on flyertalk, also they got no business class from what they say on that forum. I wanna see how their business will do when SRB-MNE motorway gets completed.

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  4. EU is investigating aid granted to Adria by the Slovenian government.

    Pegasus received its flying licence for Belgrade flights.

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  5. LOLLLL and there is your example as to why the balkans will always be the balkans (Land of Cowboys)..... If you were a Auditor would you even bother???? The Ceo's political connections will just clear him and the company of wrong doing and as mentioned will file law suits against the auditors all for doing a honest job.....

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  6. Hold on a second, isnt montenegro now something like monaco? Milo djukanovic is not a balkaner anymore, he is a "euro-pejac"..

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  7. Qatar Airways launched flights to Belgrade yesterday. There were lots of foreign journalists on the flight from the Gulf, Asia, Australia. Unlike in ZAG where Al Baker even didn't bother to come (neither to organize a press-conference with some deputy director), Al Baker came to Belgrade in person and quite enjoyed his time.

    More info: http://www.aviokarta.net/vesti/1528-qatar-airways-prvi-put-sleteo-u-beograd/

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    1. I šta sad??????

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    2. Al Baker was in Zagreb when the route was launched.

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    3. Nope, he wasn't.

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    5. Fortunately they launched flights during the summer cause at ZAG they have even no air-bridges, LOL. Would have been such a shame.

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    6. Actually he was there:

      http://www.qatarairways.com/images/Internet/qr_commercial/corp_communication/images/2012_images/05_May/20120509_4.jpg

      Croatian national folklore dancers dressed like Serbian ones, LOL, and i thought Croatia always wanted to distance itself from the Balkans cause they're "Evrooopa". LOL. Pathetic.

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    7. Tonci Peovic looks like a real moron.

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    8. Qatar could not invite journalist to the Zagreb launch because unlike Belgrade the flights to Zagreb were sold out 7 days a week and soon to be twice daily. ha Belgrade 3 days a week and they couldn't even get bums on that so the had to give away seats for free.

      From When Belgrade.

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    9. Qatar Airways to Zagreb non-stop and twice daily from March 2013.

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    10. Qatar announced ZAG in November 2011, launched May 2012 = around 7 months time lapse. Belgrade was announced in August 2012, launched in November of the same year. Do you see the difference? Ok, i'll help you - 3 months vs. 7 months. Do you see now? I would have gladly expected your first Zagreb flight to be full but business was empty, so no worry, if he wanted to invite journalists and others - which he does for a reason - he would have invited them. ZAG has never been an important point for them, it is just a filler to BUD, where QR also has a monopoly to the Gulf. ZAG is simply a filler, be it for MUC, FRA, VIE or BUD - traditional Austro-Hungarian-Germanic enslavement of Croatia. Besides QR is Croatia's only link to the Gulf, while Belgrade always had minimum 2 in the history. Don't compare the incomparable.

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    11. So what your telling me is that in 3 months they could not sell one seat from Doha to Belgrade???? please explain again.

      From When Belgrade.

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    13. "So what your telling me is that in 3 months they could not sell one seat from Doha to Belgrade???? please explain again." - Can you explain this better? From where comes your claim that no seat has been sold? Thank you.

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    14. Exact passenger numbers for the inaugural flight will be published tomorrow.

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    16. I don't expect strong number on QR flights to Belgrade, at least for the start. Things might improve around New Year when people realize there's an alternative to TK and FZ. Until then planes might be half-empty. In any case i see bright future for them on long-term, since they'll definitely take a big share on the market. QR is the only link for ZAG and BUD to the Gulf so no wonder the route had to work somehow, even with occasional A321 (recently often reduced to A320 though).

      PS: QR is still far from launching another major East-European city (KBP) where tense competition exists same as in BEG, or even much worse actually, if to think well. All major (4-5) Ukrainian cities are extremely well connected to the Middle-East and Gulf area with Air Arabia, FlyDubai, Turkish Airlines, Aerosvit, UM Airlines and Pegasus Airlines all operating flights to the region to almost all the countries, from Lebanon to Iraq and Iran. Long-hauls to Asia are mostly covered by domestic/local companies Aerosvit and Aeroflot on the other hand.

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    17. QR921...
      What the f... has Qatars inaugural flight to BEG to do with ZAG?!
      Do you think Qatar people or Al Baker do care a single second for your idiotic jealousy?
      What will those people think if they read those stupid comments in this blog?
      They will pitty you all for being such idiots...well not pitty...
      they will look down on you as on some loosers that you are!

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    19. Someone who uses my nickname: What is your problem? And why on earth you write this stupid disinformation like two daily QR nonstop flights to ZAG, or LAX-ZAG in 2013? What do you want to prove with this stupid child behavior?

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  8. So Belgrade will soon have FlyDubai, Qatar and Pegasus as new airlines flying to the Middle-East, wow.

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    1. That is still much more capacity even if QR was to fly twice daily to ZAG. But currently Belgrade will have 3 times more capacity than Zagreb to the Middle-East.

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    2. Also let's not forget JU's service to Tel Aviv and Istanbul.

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    3. And JU`s flight to Larnaca as well. Also Tunis air often have good prices from BEG

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  9. There won't be QR double daily to ZAG.

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  10. What a surprise the thread has been hijacked by nationalists.

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    1. Major shame. Once upon a time I used to visit this blog at least once per day and now maybe a few time a week and even that's hard to do.

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    2. Today at the press conference Mr Al Baker announced daily direct flights Doha-Belgrade from the end of spring 2013.

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    3. I am sure that Zagreb will get it before Belgrade.

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    4. Well, ZAG could use a link to DXB too.

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  11. But when zagrab zagrab.. ;(

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  12. Oj Alija odnela te voda...

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  13. Hi Purger,

    can u confirm double daily ZAG services and nonstop? what aircraft? launch date of 2nd daily flight?

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    1. No that is disinformation from someone who tries to make provocation by using my nickname.

      The same stupid provocation as LAX-ZAG, ORY-ZAG etc.

      Children!

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  14. Sramotno. Zaista sramotno.
    Get a life people.

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  15. IF everyones gonna be nationalistic at least make it more interesting talk about how each of your countries were first people on the balkans and how you achieved more and defeated more i love when it gets really tense and completely of topic :S..... Whos gonna start???

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