All LOT Polish Airlines articles
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News
Polish flag-carrier LOT to put first E195-E2 into service in mid-August
Polish flag-carrier LOT has received its first Embraer 195-E2 regional jet, one of three it is leasing from US-based company Azorra.
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LOT turns in profitable year after adapting recovering network to conflicts
Polish flag-carrier LOT has turned in a profitable full year despite the Covid-19 pandemic’s interruption of its strategic plan and the subsequent conflict in Ukraine. LOT says it turned in an operating profit of zl1.13 billion ($289 million) and a net profit of zl1.07 billion, on revenues of zl10.12 billion ...
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Poland’s LOT taking three new Embraer jets this summer: chief
Polish flag-carrier LOT’s chief executive, Michal Fijol, has disclosed that the carrier has signed for three Embraer E2 jets which will arrive this summer.
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LOT to expand fleet, and refit 787s, as part of five-year strategy
Polish flag-carrier LOT aims to increase its fleet by 50%, to around 110 aircraft, over the next five years, part of a newly-unveiled strategic path. The airline adds that, over the 2024-28 period, it seeks to lift passenger numbers by 70% to nearly 17 million. LOT intends to add another ...
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LOT and JetBlue to begin codesharing on US and European flights
JetBlue Airways and Polish carrier LOT intend to begin a codeshare arrangement under which they will jointly sell flights from Europe and the USA.
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LOT optimistic over prospects as it eases back to profitability
Polish flag-carrier LOT’s new chief executive, Michal Fijol, says he is “cautiously optimistic” about the airline’s prospects following its return to profitability last year. The carrier turned in a net profit of zl113.7 million ($28 million) for 2022 – compared with the previous full-year loss of nearly zl1.33 billion – ...
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Poland’s LOT names new chief executive
Polish flag-carrier LOT has been appointed Michal Fijol as the new president and chief executive of the airline. LOT has confirmed Fijol’s appointment to the top role and adds that chief financial officer Pawel Rozkrut is leaving his post. Fijol has been serving as the carrier’s chief commercial officer for ...
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LOT Polish Airlines names interim chief after Milczarski dismissed
LOT Polish Airlines’ supervisory board has ended the tenure of president Rafal Milczarski after seven years heading the Star Alliance carrier.
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LOT set to double 737 Max 8 fleet as it weighs renewal options
Polish flag-carrier LOT is to introduce another six Boeing 737 Max 8s, more than doubling its fleet of the re-engined type. All six aircraft are being source on long-term operating lease from US company Air Lease. LOT is to take delivery of all the twinjets in October, the airline states. ...
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LOT bracing for more turbulence as it strives to recover from heavy losses
Polish flag-carrier LOT has disclosed that it made a net loss of zl1.33 billion ($281 million) last year, a deterioration on the zl1.04 billion of 2020. The airline revealed the figure in annual activity documents newly filed with the Polish ministry of justice. It turned in total revenues last year ...
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Size matters as LOT weighs A220s against E-Jets for renewal
Polish flag-carrier LOT is aiming to start modernising its short-haul fleet ahead of summer 2024, with Airbus and Embraer pitching for the renewal.
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Court rejects LOT appeal over EasyJet and Lufthansa win of Air Berlin assets
An EU court has rejected cases put forward by LOT Polish Airlines contesting decisions to enable EasyJet and Lufthansa to acquire assets from collapsed carrier Air Berlin.
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Nordica to buy out LOT stake in regional unit Xfly
Estonian carrier Nordica has reached agreement with LOT Polish Airlines to acquire its 49% share in Xfly, making it the sole owner of the regional capacity provider.
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Poland secures EC approval for LOT rescue package
European regulators have cleared the Polish government’s request to provide national carrier LOT Polish Airlines with around PLN2.9 billion ($787 million) in financial support under the temporary easing of state aid rules.
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‘Risk must be rebalanced’ across industry: LOT operations chief
Suppliers such as aircraft manufacturers, lessors and MRO providers must make a greater contribution to shouldering the financial risk borne by airlines amid the air transport crisis, in the view of LOT chief operating officer Maciej Wilk.
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Condor looking at options after PGL pulls out of acquisition
German leisure carrier Condor is looking at different optons for its future ownership as talks continue with LOT’s parent Polish Aviation Group (PGL) on conditions attached to it withdrawing from its proposed acquisition of the airline.
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LOT and Wizz hit hard as Poland shuts air routes to foreigners
Polish flag-carrier LOT is suspending all international flights from both Poland and Hungary after the Polish government imposed border restrictions on foreign travellers. Central European budget carrier Wizz Air is also being hit hard by the measure, suspending Polish services accounting for some 20% of its capacity. The government says ...
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Condor acquisition ‘distorts competition’: Lufthansa
Lufthansa has sharply criticised the planned acquisition of German leisure airline Condor by Polska Grupa Lotnicza, the parent of Polish flag carrier LOT, labelling it an example of “dubious” state intervention that “distorts competition”.
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Condor tie-up with LOT cleared by German authorities
German competition regulator Bundeskartellamt has cleared Polish firm Polska Grupa Lotnicza’s acquisition of leisure carrier Condor. The regulator has determined that there is “no relevant overlap” between the activities of Condor – formerly part of Thomas Cook Group – and Polish flag-carrier LOT, a subsidiary of PGL. Bundeskartellamt president Andreas ...
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Airline Business Podcast – airlines grapple with coronavirus impact
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