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Ailing Polish carrier LOT may ask for another government loan

WARSAW, Poland - Poland's ailing airline Lot may need to ask the government for another loan after its loss last year could have exceeded 200 million zlotys ($64 million), its chief executive was quot

Turkish Airlines will not buy major stake in Polish LOT

Turkey’s national carrier has backed out of a deal to purchase a majority stake in LOT, Poland’s flagship airline, it has been announced.

Continental to codeshare with LOT Polish Airlines

CHICAGO and WARSAW, Poland - Continental Airlines, a wholly owned subsidiary of United Continental Holdings, Inc., and LOT Polish Airlines, both Star Alliance members, today announced they have starte

LOT Polish Airlines to become more active in North America

NEW YORK - LOT Polish Airlines intends to become more active in North America.

Polish national carrier LOT to fly Dreamliners in 2011

LOT will be the first European airline to receive the new Boeing 787 Dreamliners, with the first machines flying the airline’s livery from 2011.

Restructuring and savings policy reduce LOT losses

WARSAW, Poland - Poland's national carrier LOT says its net losses were down to 168 million zlotys ($41 million) in 2009, compared to a more than 700 million zlotys loss the previous year, thanks to r

Lufthansa is interested in LOT, but Poland downplays report

FRANKFURT - The Polish government poured cold water on a report on Wednesday that Deutsche Lufthansa was in talks to buy a stake in Polish airline LOT from the government in Warsaw.

Polish airline LOT picks JP Morgan and UniCredit as IPO advisors

WARSAW - Polish national airline LOT picked JP Morgan and UniCredit as advisors in the carrier's initial public offering (IPO) planned for next year, Deputy Treasury Minister Joanna Schmid was quoted as saying.'LOT's management picked advisors in the company's public offering, and they are JP Morgan and UniCredit,' state newswire PAP quoted Schmid as saying.

Polish airline suspends plans after Dreamliner delay

The Polish airline, LOT, has announced that is will, as of June 6, 2008, suspend flights on the Warsaw – Beijing route until 2010 due to delays in the Boeing 787 Dreamliner program on the part of Boeing.

Polish treasury says could dump whole stake in LOT airline sell-off

WARSAW (TVLW) - Poland could get rid of the entire stake it holds in national airline LOT after an initial public offering later this year and does not rule out selling part of the carrier to another airline, a deputy treasury minister said.