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Air Montenegro acquires third plane for $11 million

June 15, 2026
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Air Montenegro acquires third plane for $11 million

Air Montenegro has bought its third plane, an Embraer E195 jet, which it has been leasing since final July. The plane is registered 4O-AOE and is the third aircraft of the kind to be owned by the service. “The acquisition adopted a complete evaluation, which confirmed the funding’s financial viability. Subsequently, the Board of Administrators authorised the acquisition proposal, whereas the Authorities of Montenegro granted its consent to the transaction”, the Chairman of Air Montenegro’s Board of Administrators, Tihomir Dragaš, mentioned.

As beforehand reported, Air Montenegro will quickly lease one other E195 jet, which is presently present process upkeep in Germany previous to its supply by the top of the month.



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