By the end of the year is to complete the restructuring process of the company. Until then, a LOT can not start new connections because they limit it orders the European Commission – every airline from the European Union who has ever received public assistance at the time of restructuring must temporarily resign from profitable parts of connections and give back in this way part of the market.
As noted at Monday’s conference Mikosz, LOT is steadily improving results for the half year will be able to get out “of mold spore “and begin to develop. “I do not want to be further ethnic carrier + +, we want to be a strong regional carrier,” – explained the president of LOT.
As stated in its strategy, LOT wants to carry in 2020 more than 10 million passengers a year, more than two times more than at present and perform one hundred and several thousand operations during the year – now it is more than 68,000. In addition, the network of connections to be covered in 2020. 75-80 directions, and not, as at present 49. The carrier intends to regain lost market share in the Polish market to approximately 30 percent. Revenues are expected to increase to about 9 billion zł from less than 3.5 billion zł today.
The growth of the the carrier shall be long-distance calls. LOT wants to stand out against the other airlines in the region offering direct connections to our part of Europe from Asian capitals. Currently LOT of such combinations in the grid only has flights to Beijing, but since 13 January will also fly to Tokyo. From Friday carrier has sold 900 tickets this connection.
On Monday Mikosz announced that LOT will fly well to Seoul and Bangkok. In the autumn will be announced next two directions that are to be launched next year.
LOT every day has to fly also in New York, Chicago and Toronto. The carrier also talking to airports in Kaowcach and Rzeszow to them also fly to US cities.
In addition, , in addition to new long-haul flights LOT will open three new European routes, will be: Venice, Cluj – Napoca and Ljubljana. LOT also return on some routes, which had to suspend in connection with the Restructuring Plan. These are: Barcelona, Athens, Nice, Zurich, Beirut, Belgrade, Dusseldorf, Yerevan, Chisinau, Zagreb and Gdańsk – Cracow.
All this first phase of development of its network of LOT wants to achieve using only their existing aircraft. It was not until the successive stages of development needs more aircraft. By 2020, wants to have at least 70-80 machines.
The development strategy has been endorsed by the owner of the company, or Treasury. The Minister Andrzej Czerwinski told a conference Monday that authorities LOT proposed development plan, and not just stretched out his hand for the public money. “I would like to express my appreciation for the people who have taken joint actions to exit the national carrier of the crisis. As a result, today begins a debate on how to develop LOT” – said Czerwinski.
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. Last year, the company earned for flying 99.4 million zł. This is the first carrier profit in seven years.
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