Montenegro Airlines registers busiest year on record
Montenegro Airlines has recorded its busiest year since its foundation 24 years ago by handling 611.938 passengers on board its aircraft over the elapsed eleven month period and is on course to surpass its target set for 2018. The figure is some 19.000 travellers above the carrier's previous record performance. It achieved the result by operating 7.295 flights with six aircraft. As a result, Montenegro Airlines recorded passenger growth of 13.8% compared to the same period last year and operated 10% more flights. Its average cabin load factor stood at 70%, the highest in its 24-year history and two points ahead of last year.
In November alone, the Montenegrin carrier welcomed 35.100 travellers, up 15%. Earlier this year, the airline said its goal was to carry 620.000 passengers in 2018, which it is set to surpass in December. It now anticipates welcoming some 640.000 travellers on board its aircraft. As a result, the carrier has claimed the post for being the fastest growing in the former Yugoslavia this year. Montenegro Airlines operated scheduled and charter flights to thirty destinations in fifteen countries this year and utilised an additional aircraft, a Boeing 737-500, on its services during the peak summer months.
Montenegro Airlines' CEO, Živko Banjević, noted, "The growth in all commercial sectors, on top of significant revenue growth, completely justifies all commercial and business decisions we have made in the previous period, such as increasing the number of flights and leasing an additional jet during the summer season". He added, "It is a fact that Montenegro is becoming a more appealing destination, both for leisure and business travellers. In addition to being based in a country with natural beauties which are renowned around the world, these results were also achieved due to the country's stable economic and political climate". The CEO emphasised that the airline has kept its passenger share of 25% in the summer and 40% during the winter at Montenegro's two international airports. "This means we have contributed to the overall increase in traffic at Montenegro's airports and boosted its connectivity, which has, in turn, had a positive impact on the tourism industry. In addition, despite growing competition, we have managed to defend our markets and enter new ones, which has had a positive impact on our business results, which have improved by 1.5 million euros over the eleven months when compared to last year".
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