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Aircraft and finance. State aid for LOT Polish Airlines?

Warsaw, Poland - Talks with Air China to find new investors

The Polish airline LOT has applied for the first tranche of state aid, which amounts to 400 million zlotys, according to the Treasury Ministry, which declined to provide the total amount: however, some industry analysts consider it could be round 1 billion zlotys. "The current, very difficult situation on the airline market in all of Europe requires quick action in relation to this company", the Ministry...

AVIONEWS - World Aeronautical Press Agency - 1148182

AVIONEWS - World Aeronautical Press Agency
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