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...
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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