LOT to be Privatized in 2013

Published: February 19, 2013; 15:02 · (Vindobona)

LOT Polish Airlines faces a dramatic phase of restructuring. In order to saleable, the airline company will downsize radically.

LOT to be Privatized in 2013 / Picture: © Vindobona.org

According to LOT´s new CEO Sebastian Mikosz, the privatization of LOT Polish Airlines is the most important goal this year. Before, the airline must be restructured, he said. The publicly held share in LOT comes at 68%. Mikosz explained that the Polish state may not sell its entire stake in LOT.

At the end of 2012, the airline has received public aid of more than € 100m. The…

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