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Aircraft and airlines. Polish government paves the way for LOT's privatization

Warsaw, Poland - Law which allows Warsaw to sell the majority has been proposed

The Polish government made a first, significant step towards the privatization of LOT Polish Airlines, the state-owned carrier, with a bill which would allow Warsaw to sell the majority of the stock of shares of the company, which will now need approval from the Parliament. Warsaw controls LOT by 93%, both directly and indirectly (25% is actually owned by Regionalny Fundusz Gospodarczy SA, which...

AVIONEWS - World Aeronautical Press Agency - 1151098
Rome, Italy, 04/03/2013 12:24
AVIONEWS - World Aeronautical Press Agency

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