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NEWS FLASH
Air Montenegro registered a net profit of 540.000 euros in 2024, down from 3.4 million in 2023. The airline’s revenue totalled 62.8 million euros, an improvement of 0.8% on the year before. As previously reported, the Montenegrin flag carrier handled 498.833 passengers in 2024, up 5% on the back of an 8% increase in the number of operated flights, which totalled 5.800. The company’s average cabin load facto for the duration of the year stood at 69.2%, an improvement of 1.2 points. “A positive business result in 2024 and a strong start to 2025 show that Air Montenegro is on a clear path of growth and development. We remain focused on further enhancing our offering and improving Montenegro’s connectivity with the region and key European destinations”, the carrier’s CEO, Vukadin Stojanović, said.
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