To Montenegro a.d., is the flag carrier of Montenegro, which is branded and operates under the name Air Montenegro, a new company opened in early 2021 by the Government of Montenegro. Air Montenegro officially launched operations in June 2021.

Montenegro Airlines a.d. was the flag carrier of Montenegro, headquartered in Podgorica. It operated scheduled and charter services throughout Europe from its hub at Podgorica Airport with a second base maintained at Tivat Airport. The airline was liquidated from 26 December 2020 due to accumulating heavy losses during the COVID-19 pandemic.