The financial situation at Montenegro Airlines is getting worse. The company confirmed that wages for October 2020 have still not been paid. Furthermore, there are backlogs at various suppliers and service providers. If the state does not provide assistance, the management can no longer rule out the grounding.
“Since the beginning of the winter season, the crisis has accelerated and the low income we had has been further reduced. Until today we have not been able to pay the October wages. We also have outstanding payments for aircraft leases, engines, and supplier debts. We are doing everything we can to reduce expenses. However, the reduction in income and expenditure is not proportional to each other, ”a spokesman told the daily“ Vijesti ”. “Under these circumstances and without state aid, we cannot continue operations even in the short term. If a company like Lufthansa has applied for and received state aid, what can you say for us? We have not received any government funding since August 31st. "