Sunday, January 24, 2016

Montenegro Airlines' numbers improve in 2015

Montenegro Airlines sees strong growth in Slovenia as Russia numbers tumble

Montenegro Airlines handled almost 580.000 passengers on 6.800 flights during 2015. The figures represent a 4% increase in passengers, while the number of operated flights grew 5% on the year before, but is still short of its 2012 record when it welcomed 601.000 travellers on board. Overall, the number of those flying on scheduled services increased 3.2%, whereas passenger numbers on charter flights jumped 16%. The carrier saw an improvement on most markets, including its busiest - Serbia - where it handled 259.700 travellers. "Despite the significant challenges we are faced with on the Serbian market, we saw an additional 4.700 passengers on our flights to/from Belgrade, an increase of 2% on 2014", the airline said in a statement. In April 2014, Belgrade Airport increased its fees for the airline by 1.3 million euros per year.

Other markets, with exception to Russia, also registered an improvement in numbers in 2015. Montenegro Airlines handled an additional 5.600 passengers on its flights to/from Ljubljana (+53%), an additional 2.000 travellers to Dusseldorf (+45%) and an extra 2.200 passengers on its Copenhagen route (+44%), compared to 2014. Figures for Montenegro Airlines' London service grew 23%, Paris was up 10%, while Zurich numbers improved 4%. Passenger numbers on the airline's Vienna and Rome flights were steady and remained unchanged compared to the year before. On the other hand, despite introducing additional services to Russia during the summer, the Montenegrin carrier recorded an 18% decline in passengers. The airline blames the weaker figures on a volatile rouble and the state of the Russian economy.

Montenegro Airlines did not report its financial results for last year, although it did incur hefty losses during the first half of 2015, amounting to 6.5 million euros. In 2014, the airline registered a 9.5 million euro net loss. Montenegro Airlines enters 2016 with plans to develop its regional network and cut down on losses and debt. New destinations could include Zagreb, Skopje and Pristina, among others, with the carrier also looking to strengthen its cooperation with airlines from neighbouring countries. Furthermore, the Montenegrin carrier is considering introducing charter flights to Prague and Maribor next summer, as well as additional charters to Germany, namely to Hamburg and Munich. Extra frequencies to Ljubljana, London and St Petersburg are also expected. The airline plans to boost its ties with Etihad Airways in line with the Memorandum of Understanding for Strategic Commercial Cooperation the two signed last November. The Emirati carrier has begun screening various parts of Montenegro Airlines' business. The national airline has been slated for privatisation this year, with Etihad, or one of its partner airlines, a likely contender for a stake.

63 comments:

  1. I think Montenegro Airlines has kind of peaked. I don't see what else they could launch except increase frequencies on existing destinations. They already cover all the important markets to them - France, UK, Italy, Germany, Russia and Serbia. I don't see what they could do in the region except maybe launch Pristina. Trying to attract transit passengers while competing with Adria, Croatia Airlines and Air Serbia is pointless since they all have a better and larger network. I mean just a few days ago we read how ex-Yu airlines are doing in Skopje. I don't see how MGX, which is in a far worse position (network wise) could do any better than the other three. What I think Montenegro does really well is that they utilise their fleet during the winter much better than say Croatia Airlines.

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    1. + 1 agree that they have a much smarter winter than OU. They fly charters during the winter and also fly Vienna - Tuzla with minimal risk since its chartered by a tour operator (and judging by the loads that won't be continuing in the future).

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    2. But I thought that the Vienna Tuzla route was performing ok and that its loads were around 50%?

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    3. There is an average of around 30 passengers per flight. Tomorrow from Vienna to Tuzla there are only 13 passengers. On the return flight there are 20. The only flight there was 50% was the first time and that was because a number of passengers from the actual first flight which was cancelled because of fog was put on the second one.

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    4. Oh ok, thanks for the update. I am still surprised that you can't book flights via YM's website, I am sure that would have considerably improved the loads. Not to mention if they had a code-share or an interline with OS.

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    5. Popunjenost je losa zato sto ne lete Petkom i Nedeljom .
      INN-NS

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    6. "Montenegro Airlines handled almost 580.000 passengers on 6.800 flights during 2015"

      The average is calculated by - 580,000/6,800=85.29 so the average number of passengers is 85.29, I'm not sure how you came to 30?

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    7. Read the discussion. We are not talking about Montenegro Airlines in general. I'm talking about the average on Vienna-Tuzla-Vienna route which is operated by Montenegro Airlines.

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  2. "Although it did incur hefty losses during the first half of 2015, amounting to 6.5 million euros. In 2014, the airline registered a 9.5 million euro net loss"

    Damn that's huge for such a small airline. They need to overhaul their entire business!

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    1. Add to that debt of €60 million +

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  3. What kind of passengers do they see on their LJU route? Are they O&D or are they connecting onto Adria's network?

    Does anyone know what's the total number of yearly passengers between BEG and Montenegro? Seems like it's around 500.000.

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    1. A bit over 500,000 between Serbia and Montenegro. My guess is the passengers to LJU are transfers. Since Montenegro and Adria connecting, passengers flying Adria can buy their ticket.

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    2. Thanks. I just checked and this summer there are going to be six weekly flights between TGD and LJU, that's actually not that bad. The only thing is that JP's network out of LJU is rather mediocre and it needs a lot more frequencies in order to be competitive. Still, kudos to both JP and YM if they managed to record a greater number of passengers.

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    3. There must be some p2p on to LJU also, since they are considering MBX also.

      Haplek

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    4. "Montenegro Airlines handled almost 580.000 passengers on 6.800 flights during 2015"

      By that logic that means that they only carried 80,000 on all of their other routes? Doubtful.

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    5. No, we are talking combined MGX + JU

      For MGX it says in the article

      "The carrier saw an improvement on most markets, including its busiest - Serbia - where it handled 259.700 travellers."

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    6. Yep, right, sorry.

      So 322,300 on their other routes. Was the growth in Germany & Denmark increased tourists? Doesn't seem there would be much business between those countries?

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    7. I often fly LJU-TGD and there are also p2p passengers, depends of the day, flights on Friday are almost half half.

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    8. What are the loads?

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    9. How are the fares on the route? I wonder if JU had an impact on their loads given that they offer convenient connections via BEG.

      Haplek, I wouldn't be surprised if Maribor contacted them (like they contacted many airlines) and that they said that they will look into it. I highly doubt it will happen, especially not if it negatively impacts their LJU operations. They could run some charters in summer though.

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    10. Yes, Njemjee, thanks, we are talking about one weekly charter in summer season.

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  4. Any news about Fokker 100 retirement?

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  5. Is it possible that YM will operate just two daily flights between TGD and BEG this May!? Didn't they have three last year?
    JU will have three, two on an Atr and one on a jet.

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    1. They operated 2 daily last summer as well.

      http://www.exyuaviation.com/2015/03/summer-2015-montenegro-airlines.html

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    2. Thanks but I seem to remember that they added some frequencies in the middle of summer, or am I trippin'?

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    3. I don't think so buy maybe. They did fly 3 daily for years though.

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    4. YM has always had 2 daily flights between BEG and TGD, except on wednesdays, thursdays and fridays when there are 3 daily flights.

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    5. Yeah, I am probably confusing it with that. Thanks.

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    6. Zašto je sinošnji YM za BEG je bio otkazan?

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  6. Jel to opet magla problem na SJJ ? Swiss iz Ženeve nakon nekoliko krugova iznad grada preusmjeren u Split.

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    1. Cudno da je otisao u SPU, zar nije BEG mnogo blizi? A imaju i predstavnike na aerodromu.

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    2. Nije tolika magla. Bas me cudi da nisu sletjeli. Split je geografski blize Sarajevu nego Beograd!

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    3. Ali je BEG bolje opremljen i ima kancelariju Svisa.

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    4. SPU je daleko bolja alternativa za njih od BEG:

      - na SPU imaju CTN prestavništvo (i to drugo najveće) što je gotovo isto kao da je i Swiss, koji opslužuje letove Croatie, Austriana, Lufthanse i Edelweissa.

      - SPU je samo 290 km, Beograd je 347 km (to je skoro sat vremena više)

      - SPU je turističko mjesto što znači da je tona autobusa na stand by, a i Pleso Prijevoz (Croatia) ima autobuse tamo.

      Čudim se da nisu rerutirali letove na ZAG, većina Star Alliance kompanija to čini, posebno LH grupe.

      Još je veča glupost što OMO nije alternativa za SJJ i što nemaju opciju za ovakve slučajeve. No, to je zapravo stvar katastrofalnog managementa na OMO (gorivo se mora unaprijed najaviti, aerodrom radi zimi 4 sata na dan...).

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    5. Sudeci po Google-u SPU-SJJ je 306 km dok je BEG-SJJ svega 292 km, dakle Beograde je blizi.

      Isto tako, ne shvatam kako kancelarija OU moze da im vise odgovara od sopstvene u Beogradu. Da ne spominjem to sto su mogli da ih rerutiraju na JU let za SJJ tokom podneva. Uz sve to LX ima sopstvene letove za BEG sto nije slucaj sa SPU.

      Na kraju krajeva, veliki broj kompanija se rerutira na Beograd kada je lose vreme u Sarajevu, ukljucujuci i TK.

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    6. Slusaj Purgera on bolje zna kad koristi web servise za distancu, a ne ukljuci pravi mod.

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    7. @11:34 Split-Sarejevo 258km

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    8. Najbrizm putem (sto se tice vremena) je 306 km. Naravno verovatno ima kracih nacina da se stigne ali to je preko regionalnih puteva kojim sigurno ne bi slali putnike. Dakle Split-Sarajevo 306 km.

      Sem ako ne mislis na vazdusnu linijiu.

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    9. 306 km je preko Imotskog autoputom. Nitko normalan tako neće ići.

      Dva-tri radnika Swissa u Beogradu i to u nedjelju svakako će daleko teže riješiti rerutiranje nego CTN-ovo osoblje u Splitu koje je drugo najveće predstavništvo Croatie i u kojem Croatia dnevno ima 10-15 letova (zimi 5-6). Crotia ima čak i vlastite autobuse u Splitu (Pleso prijevoz).

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    10. 09.30 BEG-ZRH LX
      13.30 BEG-FRA LH
      13.15 BEG-MUC LH
      14.40 BEG-ZRH LX
      15.05 BEG-VIE OS
      16.45 BEG-MUC LH
      18.20 BEG-VIE OS

      Tako je, SPU je toliko bolja opcija od BEG-a koji danas jedva da je imao bilo koje letove Lufthansa Grupe koja skoro pa da nema predstavnike tamo.
      A eto, zimi SPU ima 5-6 letova a BEG je danas imao svega 7 letova Lufthansa Grupe, dakle na kraju Beograd i dalje ostaje bolja opcija za rerutiranje.

      A sto se tice puta, to je najbrzi put do Sarajeva, mozda ne najkraci ali je najbriz.

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    11. Na koncu Swiss se odlučio za SPU iz nekog razloga, zar ne? Vjerovatno ne igraju par-nepar kad se odlučuju za alternaciju nego odlaze tamo gdje im je lakše, povoljnije i jeftinije!

      Sva ova vaša naglabanja padaju u vodu, ljudi su odabrali SPU kao alternaciju jer je to bolje za njih i za njihove putnike!

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    12. Pa da, zasto bi placali BEG-u kada mogu za dz da sve to odrade kod Hrvata.

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  7. Bice zaniljivo videti hoce ih EY preuzeti delimicno i sta ce posle biti sa njima .
    INN-NS

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  8. Nice crew uniform there.

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    1. They were designed by a famous Serbian fashion designer. :)

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  9. i pored odredjenih simpatija, ova kompanija verovatno nece postojati u 2017. godini. sledeca je Kroacija.

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    1. A "Kroacija" nikako propasti, baš su tvrdoglavi!

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  10. 580.000 passengers on 6.800 flights is pretty impressive when you think about it.

    Montenegro has a population of something like 620,000 people, that means their airline flew nearly 95% of the countries population, so on a per-capita basis they are the leaders of EX-YU.

    Pointless, but interesting.

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    1. +1. I think the same is with the number of passengers handled by airports. Most per capita.

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  11. OT: Are any of the Ex Yu airlines using Air Crash Investigation/Mayday/Air Disasters TV series for some kind of internal training or is it below their standards? I just watched new episode on Asiana 214 at SFO and watching first hand description by actual investigators including some dissenting opinions was pretty amazing (for an amateur like me).

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  12. OT
    Sjajne vesti IR narucio 8 A380 i 16 A350 i jos dosta A320 i A330 .
    Nadam se da ce onda uvesti i LYBE .
    INN-NS

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    1. Ja ti ovo kao Beogradjanin kazem, ali smorio si vise i sa ASL i sa BEG

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    2. Da, i to sa A380 zbog ogromnog ineresovanja 7x W.

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    3. To je pozitivna vest , a ja mogu pisati sta god hocu nikoga nije uvredilo .
      Sto ne bi dosli sa A320 u LYBE
      INN-NS

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    4. Moja je želja da dodju sa A380.

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    5. Kako 'e IR da uništi TK, jedva čekam, i nadam se da će otvoriti letove i za BEG zajedno sa JU.

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  13. Zar nije vreme da se karte puste u prodaju, za letove Beograd-New York

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    1. Tek po dobijanju dozvole mogu početi da prodaju karte.

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  14. Ovo nije tacno . Oni su u velikom minusu i Vlada Crne Gore pokusava da subvencionise 4 miliona godisnje nacionalnom avioprevozicou.Zbog prethodnog plana rekonstrukcije sada se trazi nacin kako da se zaobidje Evropska komisija kojaa je bila decidna : 10 godina nema subvencija.

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