Montenegro Airlines and Air Serbia are yet to finalise a major codeshare agreement which will include 32 destinations. Montenegro Airlines’ Executive Director, Zoran Krstić, says the two are yet to agree when the codeshare will come into effect and how revenues will be divided from ticket sales. However, Mr Krstić added the arrangement must be finalised by October 30 at the start of the 2016/17 winter season. It is believed the agreement will have an impact on Montenegro Airlines’ network. Mr Krstić noted that a further four annexes, concerning scheduling and ground operations, are to be signed. Montenegro Airlines’ former Chief Commercial Officer, Predrag Marković, resigned last month citing the Air Serbia deal as one of the reasons for his departure. Mr Maković believes the deal will turn Montenegro Airlines into a feeder to its larger counterpart. On the other hand, Mr Krstić said, “I’m a lawyer by profession and I would be the first to reject any agreement that could do harm to the company. With this contract we have opened the doors to entering Etihad Partners with airlines such as Alitalia and Air Berlin. We will soon sign a codeshare agreement with Etihad as well”.