Air Montenegro: 62,3 million euros in revenue last year, a 45 percent increase compared to 2022

The CEO of Air Montenegro, Mark Anjur, said that they are proud of the financial results

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Photo: Air Montenegro
Photo: Air Montenegro
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The national airline, Air Montenegro, continues its financial and operational ascent, generating 62,3 million euros in revenue last year, which represents a 45 percent increase compared to 2022.

"The realized profit, as an indicator of the success of the business and the effective earnings of the company, amounts to 3,47 million," the announcement states.

The company said that compared to the year 2022, in which the financial result due to investments and global trends was negative, the total result is better by 5,93 million euros.

"Also, 475 safely transported passengers represent an increase of 31,05 percent compared to 2022. In addition, the network of 17 regular destinations, with the tendency of further growth in all parameters this year, testifies to the success of the company," it is stated. in the statement.

A rarity in the aviation industry is the fact that Air Montenegro achieved a positive financial result already in the third year of operation, which confirms the strength and sustainability of the company. All of the above is the result of the dedicated work of the company team and correct strategic decisions that enabled effective adaptation to market trends.

The CEO of Air Montenegro, Mark Anjur, said that they are proud of the financial results achieved during the last year.

"Also, we are aware of the upcoming challenges, but also of the company's great potential. We will continue to provide the best possible service to our passengers. Our focus will continue to be on supporting the tourist economy and generating as much tourist traffic as possible, for the benefit of the economic development of Montenegro." Anjur said.

Air Montenegro thanks its passengers, partners and employees for the dedication they showed during the past year. The company points out that they are optimistically planning future activities with the aim of even more intensively connecting Montenegro with the rest of Europe and the world.

"Montenegro deserves to be branded as an extremely attractive tourist destination, dominantly oriented towards high-paying markets. Air Montenegro is committed to that," concluded Anžur.

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