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