NEWS FLASH
The Montenegrin government has confirmed plans it will acquire an Embraer E195 aircraft for state carrier Air Montenegro. The jet, registered 40-AOC owned by the Brazilian BNDS bank, was previously operated by the now defunct Montenegro Airlines. The aircraft has been grounded since December 26, 2020. Initially, Air Montenegro was to acquire the jet itself, however, informed the state last month it did not have sufficient finances. Air Montenegro plans to dry lease a larger jet, from either the Airbus A320-family or the Boeing 737 family this April, at the earliest. The carrier currently boasts a fleet of two Embraer E195s.
Wow is this even allowed?
ReplyDeleteIt is allowed if they put Government of Montenegro titles on it and use it only as a government jet.
DeleteMontenegro keeps winning!
ReplyDeleteUnbelievable achievements!! Well done Crna Gora!
ReplyDeleteAn unbelieve achievement that the airline says it has no money?
DeleteIf dry lease,who will maintain and fly them?
ReplyDeleteThey do not have a time to perform necessary training.
Wet lease, must probable
They explicitly said it will be a dry lease. It's written in the tender documentation too.
DeleteBuy the plane from the airline for enormous money to pump it up into that airline, then lease it back for far below market rates. This way circumvent EU regulations preventing heavy subsidizing state owned airlines.
ReplyDeleteMontenegro is not a member of the EU.
Delete