Montenegrin Airlines expects to post a net profit of 2 million euros in 2023 and expects a successful year with plans to open four new routes and increase passenger numbers by around 35%. “The airline’s net profit will be 2 million euros, or 4 million euros before tax. I believe this is an achievement considering it is a good company.” It has been three years since he founded the company, and it has strengthened both financially and organizationally. So I think we’re on the right path. It carried 480,000 passengers in 2023, a 30% increase over the previous year. The plan for 2024 is to carry around 650,000 passengers. So the growth will be substantial and we are happy with that. ”
During the ongoing winter season, Montenegrin Airlines has launched a new service between Podgorica and Rome, and Ánjur said the airline is “very satisfied” so far. In the summer season of 2024, we plan to introduce seasonal services from Podgorica to Munich and Ostrava, and from Tivat to Baku and Izmir. The airline also plans to expand its Tivat-Belgrade service by adding four daily flights between the two cities on specific days during the peak summer season, for a total of 24 weekly flights. “We plan to have five aircraft in service in 2024. We will increase our capacity by adding four Embraer aircraft and one Airbus A320,” Anjur said. As a result, Montenegro Airlines will have one more aircraft compared to last summer, and this year an A320 will be wet-leased from Croatian trade aviation.
Anciul pointed to geopolitics and significant competition from Turkish airlines as challenges. “There have been some operational challenges, particularly with slots in Tel Aviv, the war in Israel, and, somewhat unexpectedly, Turkish airlines adding capacity to Istanbul, which is creating more competition. , we already see increased competition.”There is currently a lot of capacity on this route. ” He added: “For us, it is important not only to focus on profitability, but also to take into account the interests of Montenegro and to provide connectivity all year round, including in the winter season. We will be able to provide services that we would not otherwise be able to provide,” he added. There”.
