Former Croatia Airlines CEO to head Air Montenegro
NEWS FLASH
The former CEO of Croatia Airlines, Krešimir Kučko, has been nominated by the Board of Directors of Air Montenegro to lead the national airline, according to the “Pobjeda” daily. The state is set to approve the appointment at one of its upcoming sessions. Mr Kučko became the CEO of Croatia Airlines in 2012, following twenty years at the airline. During his tenure, the carrier underwent a wide-ranging restructuring and became profitable following years of losses. However, his critics argue the company achieved profitability in large part due to the sale of valuable assets. He stepped down from his post in 2017 and became the CEO of Gulf Air that same year. He headed the Bahraini carrier until January 2021 after which he became the airline’s Advisor to the Board of Directors. Air Montenegro launched an open call to select a new Chief Executive in March following the resignation of Predrag Todorović, who led the airline since its foundation in 2021.
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