Montenegro Airlines: Higher revenues, all according to plan

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For Acting Executive Director of Montenegro Airlines was selected Stana Mugoša former financial director of the company, and it was decided at today's meeting of the Board of Directors of Montenegro Airlines. Ms. Mugoša will remain on that position until election of new executive chief, it was concluded at the meeting.

At the session of Committee, it was considered the Report on operations for the period January-July 2013th. For the period January-July were achieved better financial results for 27 percent compared with the same period last year. Also, based on the processed data for August this year, revenue increased by 4 percent compared with the same period last year.

The Board, on the basis of these results, stated that the company is on right  track to fully realize the outlined plan, which contains of  greater cost savings and increasing revenue in future.

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Also, Rule on disciplinary and material responsibility of employees is adopted, as well as the Report on the work of the airline offices in the country and abroad.

The Board, once again, emphasized the importance of minimizing costs on all grounds, particularly on the basis of sponsorship and donations, because there is need for further rationalization in all aspects of company operations.

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