Who owns Air Montenegro?
Air Montenegro is owned by To Montenegro DOO (Montenegro).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Three Years of Positive Performance and Continued Growth, Air Montenegro, 7 April 2026. Last checked .
Key facts
- Current owner
- To Montenegro DOO reported
- Owner HQ
- 🇲🇪 Montenegro, Podgorica
- Origin
- 🇲🇪 Montenegro, Podgorica
- Category
- Travel & transport › Airlines
- Last verified
- · 1 sources
About Air Montenegro
Air Montenegro is described in a January 2026 press release, announcing a codeshare with Turkish Airlines, as the national flag carrier of Montenegro. The company behind it, To Montenegro DOO, reports that in 2025 it carried 509,574 passengers on 5,698 scheduled and charter flights. Its fleet page shows the Embraer E-195, and its network includes Podgorica and Tivat, Belgrade, Zurich, Frankfurt, Paris and Istanbul.
Ownership timeline of Air Montenegro
- Current owner Air Montenegro [1] reported
Where Air Montenegro sits in Air Montenegro
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Air Montenegro ownership tree →
Other brands in airlines, and who owns them
The 509 brands in airlines on Brandtree belong to 341 owners. The largest is Lufthansa Group, with 10.
| Brand | Owner | Owner based in |
|---|---|---|
| Air Dolomiti | Lufthansa Group | 🇩🇪 Germany |
| China Southern Airlines | China Southern Airlines | 🇨🇳 China |
| Air China | Air China | 🇨🇳 China |
| Aer Lingus | IAG | 🇬🇧 United Kingdom |
| LATAM Airlines Brasil | LATAM | 🇨🇱 Chile |
| Air France | Air France-KLM | 🇫🇷 France |
| AirAsia | AirAsia X | 🇲🇾 Malaysia |
| Calm Air | Exchange Income | 🇨🇦 Canada |
About the owner: Air Montenegro
Air Montenegro is a privately held company headquartered in Podgorica, Montenegro. Brandtree records 1 brand under its control.
Montenegrin company, To Montenegro DOO of Beogradska 10, Podgorica (website footer), that trades as Air Montenegro. A January 2026 Air Montenegro press release calls Air Montenegro the national flag carrier of Montenegro, and an April 2026 release reports 2025 revenue of EUR 58.4 million and 509,574 passengers. The site does not say who owns the company, so no shareholder is recorded here.
Air Montenegro: full profile, brands and acquisition history →
🇲🇪 Air Montenegro and other Montenegrin brands
Brandtree records a controlling owner for 7 brands that began in Montenegro. All of them are controlled from Montenegro.
- Crnogorski Krstač — 13. jul Plantaže 🇲🇪
- Kratošija — 13. jul Plantaže 🇲🇪
- Premijer — 13. jul Plantaže 🇲🇪
- Stari Podrum Vranac — 13. jul Plantaže 🇲🇪
- Val — 13. jul Plantaže 🇲🇪
- Vranac Pro Corde — 13. jul Plantaže 🇲🇪
Frequently asked questions
Who is the parent company of Air Montenegro?
The parent company of Air Montenegro is To Montenegro DOO, a privately held company headquartered in Montenegro.
Is Air Montenegro Montenegrin?
Yes. Air Montenegro originated in Montenegro and its owner, To Montenegro DOO, is also headquartered in Montenegro.
Is Air Montenegro still owned by To Montenegro DOO?
Yes. As of 4 October 2026, Air Montenegro is still owned by To Montenegro DOO. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Three Years of Positive Performance and Continued Growth — Air Montenegro, Official press release, published 7 April 2026; retrieved 4 October 2026.
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