Tuesday, October 17, 2017

Government to support Montenegro Airlines

NEWS FLASH


The Prime Minister of Montenegro, Duško Marković, has said his government will continue to support the country's debt-ridden national carrier. Mr Marković noted that the state will “initiate procedures to take responsibility for” and pay off Montenegro Airlines‘ obligations to creditors. He added, “Only irresponsible individuals, frustrated politicians and political calculators can criticise the government’s commitment and intention to support Montenegro Airlines". The government has come under scrutiny after it injected 2.2 million euros into the carrier three months ago. Furthermore, it ordered Airports of Montenegro, the profitable public operator of Podgorica and Tivat airports, to use its profits as a guarantee for a 2.3 million euro bank loan for the airline, taken out some ten days ago. The Prime Minister noted, "Others will decide whether we are respecting the law. We did this in accordance to the law and our powers. Those who think differently can contact the public prosecutor and the police". This coming Thursday, the former head of Montenegro Airlines, Zoran Djurišić, who ran the airline for almost twenty years, as well as the former President of the Board of Directors Daliborka Pejović, and an opposition politician will face off in a live televised debate which will focus on Montenegro Airlines and its operations.

1 comment:

  1. Waste of taxpayer's money. The airline has no future.

    ReplyDelete

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