The first and only female CEO of a national carrier in the former Yugoslavia, Daliborka Pejović, has been endorsed by the government for another term at the helm of Montenegro Airlines. Ms Pejović was first selected as the carrier's CEO in the summer of 2013. Although the airline faces financial issues and significant debt, Ms Pejović explains that these have been inherited from her predecessor, who she has accused of financial mismanagement and the arrangement of unfavourable aircraft leasing contracts. Under her tenure, the carrier has devised a recovery plan with the aim to cut both losses and debt. Montenegro Airlines ended 2015 with a net loss of 10.386.432 euros, the highest of any national carrier in the former Yugoslavia. Ms Pejović, a high-ranking member of the governing Democratic Party of Socialists (DPS), has previously held posts at the Ministry of Culture, the state-run enterprise Museums and Galleries of Podgorica, the national Health Insurance Fund and is currently also serving as the State Secretary at the Ministry for Sustainable Development and Tourism. The government has also named Miodrag Koljević, Iva Djoković, Nusret Ećo and Danilo Popović to the airline's Board of Directors.