Montenegro Airlines plans to expand routes and fleet

National airline company Montenegro airlines is being issued a state guarantee on a loan of 1.2 million euros in the PRVA Banka Montenegro. Loan was approved only in eight years with a grace period of two years. Regular interest rate is the six-month EURIBOR plus eight percent per...

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 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Montenegro Airlines plans to expand routes and fleet



Balkans.com Business News Correspondent - 15.02.2013

National airline company Montenegro airlines is being issued a state guarantee on a loan of 1.2 million euros in the PRVA Banka Montenegro. Loan was approved only in eight years with a grace period of two years. Regular interest rate is the six-month EURIBOR plus eight percent per annum. One of the conditions for the issuance of credit arrangement with government guarantees. How to make the above guarantee was issued, the Ministry of Finance submitted a draft agreement. The said funds would be used to open new routes, in the amount of 4.6 million euros then four million to participate in the purchase of new aircraft, the Embraer 195, and the remaining one million for a general revision of the engine for the plane type Fokker 100 ", reminiscent of the Government reports Vijesti.


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