The carrier also assured that all of these connections will be suspended temporarily and remain in LOT’s network. Cruises on these directions implemented from January 2016 are still available for purchase.
“LOT has decided to declare changes in the schedule as early as possible, so as to give passengers as much time. We contact with people who have bought tickets for the suspended flights. Where possible (for flights to and from Dusseldorf, and between Krakow and Gdansk) offer rebooking on other connections. All passengers can receive a ticket refund. To do so, please contact the ticket issuer “- said the carrier.
As explained by the company, the suspension of flights related to the restructuring of the company. According to the plan approved by the European Commission, the company has for the next half a year to implement the last pot of the compensation measures – which in practice make changes in the distribution. The company stated that the obligation to implement compensatory measures applies to any airline from the European Union who has ever received public assistance. The carrier for the duration of the restructuring must temporarily resign from profitable parts of connections and thus give part of the market. “LOT is in constant contact with the European Commission and act in accordance with the applicable requirements. To date, the company has implemented the vast majority of the compensation measures” – said in a press release.
The carrier noted that the limitations of the European Commission and the related changes in the distribution valid only until the end of 2015. For next year, LOT is planning to start new routes and increase the frequency of the current. The first new directions, where LOT will fly from next year, the company is expected to announce within the next two months.
In April, LOT announced that the company’s profit on core activities, ie the transport of passengers in 2014.. It amounted to 99.4 million zł and was nearly 30 million zł higher than assumed in the restructuring plan. This is the first profit in seven years LOT achieved at flying.
The first tranche of state aid LOT received in December 2012. – Was 400 million zł. The European Commission approved state aid for the company in July 2014. European Commission approved the restructuring plan of the company; also considered that the restructuring aid amounting to 804 million zł is compatible with EU state aid rules. Finally, beyond the first tranche of assistance in height. 400 million zł, the carrier used the second tranche only in part, to give 127 million zł.
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