The long-running developments regarding low-fares airlines entering Montenegro seem to be finally going somewhere:
Balkans.com Business News : Ryanair in Podgorica and Tivat soon
Not good news for Montenegro Airlines, however they've been in trouble before. Stories not unlike others we've seen in Eastern Europe (notably LT, SK). Maybe they are lucky and LH will snap them up. Tivat (TIV) used to be massively popular in the 80s for holiday makers, and Air Berlin (following the LTU tradition) is already flying there in the summer. The coast had lots of UK property investors over the past years. So listen, FR punters, MNE is not a cheap country. Podgorica (TGD) is probably the only capital city in Europe without some sort of low-fares carrier. To those who don't know the story: TGD is the city's old name from YU times, Titograd. So like at LED, those codes seem unchangeable. Quite possibly FR will sell TIV as something like Dubrovnik-East.