Montenegro's Government announced plans to sell a 30% stake in national carrier Montenegro Airlines (Associated Press, 27-Sep-2010). The Government values the stake at EUR25.7 million and it will leave the tender open until 15-Dec-2010. Bidders must have at least five years' experience in the airline industry, have a fleet of at least 10 aircraft and have carried at least 2 million passengers in 2009. Montenegro Airlines’ fleet comprises 10 aircraft, including Fokker 100s and Embraer 195s, and operates to 16 European destinations from its hubs in Podgorica and Tivat.
Government to sell 30% of Montenegro Airlines
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