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POLISH AIRLINES LOT MIGHT GO BANKRUPT

... without a financial recovery program. It is not yet known, whether the government allocation program will affect only LOT or the company's subsidiaries (Eurolot, LOT Charters and Centralwings) as well. Experts say that one of the reasons for the possible bankruptcy of Polish airlines is the conflict between PLL LOT and the German air carrier Condor. The German company, which LOT was going to acquire in early 2020, was left without the promised investment. The outbreak of the pandemic confused all the plans and the head of the Polish company Sebastian Mikosz ...

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