Czech Airlines (ČSA), one of the world’s oldest airlines, looks to be on the verge of bankruptcy. The Prague-based airline has notified the Czech Republic’s Employment Office that it will lay off its entire workforce of some 430 people. The airline has no means of meeting its financial obligations and its debt moratorium is ending in just a few day …
Montenegro Airlines could resume operations on February 8 according to local media as the government seeks a solution to restore the country’s connectivity until a new flag carrier is launched. In order for flights to resume, which would likely only include services to Belgrade, the airline needs to settle debt owed to suppliers who have requested …
Several foreign airlines are increasing capacity to Montenegro or launching new routes to its two airports, Podgorica and Tivat. These moves follow the decision by the country’s government to shut down its national airline and flag carrier of 26 years, Montenegro Airlines. Air Serbia reacted the very same day On December 24th, 2020, the government of …
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