Poland's LOT airline to present its last chance survival plan in March

Discussion in 'Other Airlines | Europe' started by sobore, Feb 22, 2013.  |  Print Topic

  1. sobore
    Original Member

    sobore Gold Member

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    http://www.foxnews.com/world/2013/0...esent-its-last-chance-survival-plan-in-march/

    A spokesman for Poland's LOT airline says that the company will present its last-chance survival plan of layoffs and restructuring next month after the government indicated that there will be no more money for the lossmaking state-owned company.

    The latest blow for the airline has been the grounding since Jan. 16 of its two Boeing 787 Dreamliners, which has cost the company 8 million zlotys ($2.5 million) so far. In 2012 LOT suffered losses of 157 million zlotys, chiefly due to high fuel prices.

    Read More: http://www.foxnews.com/world/2013/0...esent-its-last-chance-survival-plan-in-march/
     
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  2. uggboy
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    uggboy Gold Member

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    It would be very sad when LOT goes away. :( We don't need another MALEV in Eastern Europe please. [ I'm still sad about the Malev demise too ] :(
     
  3. guberif

    guberif Silver Member

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    Supposed to fly them (in J) on the 787 in April. Won't it be crazy if my trip gets screwed by both a grounded plane and a shuttered airline?!?
     
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