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Turkish Airlines close to Montenegro takeover

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Goose Posted: Mon, Oct 10 2011 9:33 AM

The Montenegrin government has announced that “Turkish Airlines is close to taking over Montenegro Airlines and the country’s airports”, national broadcaster RTCG reports. However, the government adds that it won’t sell the national carrier at any cost. If it decides that it is not the best time to privatise Montenegro Airlines, the government will offer Turkish Airlines certain privileges at either Podgorica or Tivat Airport, would initiate stronger cooperation between the flag carriers of both countries and would offer the Turks an opportunity to redevelop Berane Airport in the country’s north-east. This kind of approach will be made possible by the signing of an Intergovernmental Agreement which is being drafted at the moment.

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