Montenegro Airlines posts strong Q1 results

NEWS FLASH


Montenegro Airlines handled 87.569 passengers during the first quarter of the year, representing an increase of 4.5% compared to the same period in 2018. The number of operated flights stood at 1.229, up 4.2%. The cabin load factor averaged 61%, which is on par with last year's result. The highest average cabin occupancy was registered on the Podgorica - Belgrade service at 76%, while loads grew eight points to 65% on flights to Paris. "This is a remarkable achievement given the fact that flights were operated during winter season", the company said in a statement. The airline added the most passengers on its Tivat - Belgrade service by handling an extra 1.418 travellers, followed by its Podgorica - Ljubljana route, which saw an additional 1.068 passengers, and the Podgorica - Rome line, which managed to improve by 1.048. "According to advanced bookings, the positive business trends will continue in the coming period, with expectations for a successful summer season and 660.000 passengers to be handled by year's end", Montenegro Airlines said.

Comments

  1. Anonymous10:34

    The England away fans certainly helped to push some of these routes. There were like 2000 in Podgorica.

    ReplyDelete
  2. Anonymous10:39

    if that's a good LF then i dont know

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  3. Anonymous11:15

    aha

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  4. Anonymous11:57

    This cannot survive on an L/F of 61% when it should be 72% +

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  5. Anonymous12:23

    TGD-LJU so popular? Why?
    I think LJU has some hidden gem destinations. that need to be discovered.

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    Replies
    1. Anonymous08:39

      Good prices, nice weather. I’d much rather take a 1h flight to Tivat than drive 5h (like unfortunately so many that still do) to the Dalmatian coast in Croatia.

      Delete
  6. Anonymous14:06

    Pumpaju pricu kako im je dobro. A prave gubitke. Pokusaj da se proda kompanija.

    ReplyDelete
  7. Anonymous18:26

    U sustini,imaju donacije drzave....nista od rezultata MGX-nije tacno,vec je u pitanju kreativno kngovodstvo(uzimaju pare od aerodroma-njih finansiraju asrodromi cg)

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  8. Anonymous18:56

    Load factor is useless information without knowing the achieved price per ticket. I'm seeing recently JU flights to LHR with LF of 50%, but you cannot find the ticket with baggage for a price below EUR 340. Few years ago, you would see usually LF of 70-75% on the same route, but the ticket price started at EUR 179 for promotional fares. There is also a fuel price factor, but that is not so dramatic in this case.

    ReplyDelete

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