Changes coming to Montenegro Airlines
Montenegro Airlines’ CEO, Zoran Djurišić, who has led the airline since its creation nineteen years ago, is to be sacked at the end of next month, the pro opposition daily “Dan” reports. Mr. Djurišić is to be replaced due to a series of business decision which have harmed the airline as well as mounting losses. The airline ended 2012 with a 23.5 million euro loss. A report by the Montenegrin State Audit Institution last year indicated the airline had covered up millions of euros worth of debt, a claim the national carrier denied. The Institution found that Montenegro Airlines withheld losses in its financial reports. The Montenegrin national carrier struck off debt owed to Airports of Montenegro, Jat Airways, the Serbia and Montenegro Air Traffic Services Agency, Lovćen Insurance Company and the Health Fund. The State Audit Institution concluded that a total of 2.085.000 euros worth of debt had been covered up.
Last year, EX-YU Aviation News reported on million euro losses, debt, conflict of interest and corruption allegations which have surfaced during Mr. Djurišić’s reign at the company. The airline has also been under investigation for corruption after trying to set up an airline in Niš and attempting to lease a Fokker 100 jet to an Albanian airline. Mr. Djurišić is a member of the governing Democratic Party of Socialists who last year won another term to lead the country, notching up their 22nd year. Like other officials at state run companies, Mr. Djurišić wrote his resignation letter prior following the October 2012 parliamentary elections, which has now been stored.
The news comes a few days after the Montenegrin government approved Ryanair to launch flights to the country. Montenegro Airlines CEO has said he is not against low cost airlines but insisted they must fly all year round to the country instead of only operating seasonal flights. Over the weekend the government controlled national television network, RTCG, aired a glittering report on Montenegro Airlines’ business.