Montenegrin airports have seen a significant rise in passenger traffic, reaching 1.22 million passengers in the first half of this year—a 14% increase compared to the pre-pandemic peak in 2019, according to Jelena Maraš, Chairperson of Airports of Montenegro’s Board of Directors.
Maraš highlighted Podgorica Airport’s impressive growth, handling 800,000 passengers, nearly 40% higher than 2019 levels. Meanwhile, Tivat Airport served approximately 425,000 passengers, achieving 85% of its 2019 figures. Despite global uncertainties, Maraš expressed satisfaction with these results, attributing them to careful planning and the introduction of new flight routes.
Financially, the airports reported EUR 14.3 million in gross operating revenues from January to May, up by 18% compared to the previous year, excluding incentives. Maraš noted a strong performance in June, projecting a net profit exceeding EUR 2 million for the month, surpassing initial forecasts.
She highlighted recent route expansions, including new connections like Podgorica to Ankara and Izmir by Pegasus Airlines, and additions at Tivat such as Birmingham, Bristol, Izmir and London Stansted. These developments are expected to bolster summer tourism and contribute positively to the airports’ financial outlook.
Looking ahead, Maraš discussed the strategic appointment of Roko Tolić as the new CEO and outlined plans to attract more airlines, aiming for a robust air connectivity network in Montenegro. She emphasized the airports’ role in enhancing tourism infrastructure and supporting economic growth through improved flight options and operational efficiencies.
Addressing criticisms regarding airport policies, Maraš underscored their commitment to public service obligation routes, ensuring year-round access to Montenegro. She acknowledged infrastructure challenges, advocating for interim solutions to manage growing passenger volumes effectively.
Regarding the future ownership structure, Maraš highlighted ongoing discussions on potential privatization or concessions, emphasizing the need to prioritize employee welfare and operational standards in any future decision.
