Poland: LOT Ready To Be Privatized

Politics ♦ Published: May 14, 2013; 10:04 ♦ (Vindobona)

A new law passed on Friday makes it possible to privatize Polish carrier LOT.

Poland: LOT Ready To Be Privatized / Picture: © LOT Polish Airlines

On Friday a decision was made by the Sejm lower house to lift a law on the ownership transformation of airline carrier LOT. The State Treasury has held at least 51 percent in stakes up to now. However, the new law makes way for a full privatization of the airline company.

„It is a very good decision for the company. It makes LOT privatization possible as before, in my opinion,…