> renamed | ^ merged in | => merged to form airline | +> or + assets taken | < divided |
♦ Two Iranian airline executives joined forces with a local Montenegrin businessman to set up a new Podgorica-based airline. Crna Gora Airways was registered on 30May2017 and is hopeful to eventually replace the debt-stricken Montenegro Airlines
< planned passenger charter carrier based out of Podgorica (TGD) >
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