EC approves LOT Polish Airlines rescue package

Credit: Courtesy, Boeing
The European Commission has given LOT Polish Airlines tentative approval for its PLN400 million ($123.5 million) rescue bailout. In a statement, the Commission said LOT needed the money to pay creditors and maintain operations pending the implementation of its restructuring plan. “The Commission has...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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