Thursday, September 8, 2016

PLL LOT: a new strategy of the company until 2020. Certainly ambitious, but it is real? – Polish Radio

In 2020, LOT wants to achieve 25 percent market share Photo: Press Releases

– I want to say that in 2020, LOT will be permanently profitable airline and hope – the market leader in air transport not only in Poland but also in the region in which we find ourselves – he said at a press conference Milczarski president.


stressed that the company has the ability to “self-finance its activities and development.” “This ability we have now and we believe that we will it have in 2020″ – he added.

– Our biggest task, which set before us the Minister (Head of SME Dawid Jackiewicz – PAP) is the development of the company in permanently profitable carrier that will never be paid for public assistance – said Milczarski.

He noted that LOT in 2020 will not be seen as a carrier of the road, just as the “carrier who offers a price appropriate to the the quality of the service. “

the company highlighted in the strategy, it means” the end of the image of LOT as expensive airline. ” – Travel Polish Airlines LOT can be cheap and at the same time ensure that they do not offer passengers low-cost airlines, which, for example, the possibility of a free carry luggage or free refreshments on board – written.

Jackiewicz: no going to get rid of the control of the PLL LOT

LOT Polish Airlines is a company of special for us, he did not intend to get rid of the control of this body – announced on Thursday in Krynica Treasury Minister Dawid Jackiewicz during the presentation strategy LOT 2020.

– as the Ministry of the Treasury, as a supervisor, as the owner, I want to say that we’re not going to get rid of control in this entity – the minister said Jackiewicz.

the head of the treasury department stressed that “all the information, all the attempts to, to completely dispose of the body to lose control of it – have been consigned to history.”
Jackiewicz noted that the company has survived difficult times and recently underwent a very difficult process of compensation. – Finally came the quieter times for the company. Finally appeared on the horizon the possibility of a faster, more dynamic growth, regain market position – said the head of the SMEs.

LOT wants to carry more passengers on the new directions with new planes

more than 10 million passengers, 16 Dreamliners, 400 new pilots, more than a thousand members of the cabin crew and the development of connections to North America and Asia – assumes a new strategy LOT 2020. The line is to be profitable and to have 25 percent. share in the Polish market.

President of the Polish Airlines Rafal Milczarski on Thursday during the XXVI Krynica Economic Forum will present the company’s strategy by 2020.

According to her, LOT intends to regain lost shares Polish market to about 25 percent. This means that transport already in 2020 more than 10 million passengers, 4.3 million in relation to that LOT has carried in the past year.

In Poland, passengers will arrive at around 5 percent.

LOT estimates that only in Poland passengers will arrive at a rate of about 5 percent. per year. Therefore, the carrier announced further development of its network, the most important element will be the long-range connections. Cruises haul is the company’s most profitable part of the business aviation. LOT wants to be so focused primarily on the development of connections to North America and to major business centers in Asia.

For a LOT of particular interest are connections to Central Asia and the Middle East. As noted in the strategy, geographic location Warsaw allows you to create an unbeatable offer connections to countries such as Kazakhstan and Iran.Za few weeks Airlines launches direct connection to Seoul, and next year another connection to North America – to Newark. Cruises on the second airport in New York will be operated initially four, and then five times a week from the beginning of summer 2017. According to LOT flights to Newark is an important connection for the Polish community; Newark is also a major interchange for further calls within the United States.

New Connection long-range

The strategy assumes that as the opening of more new connections long range , will arrive in a short-haul, especially from the region of Central and Eastern Europe. The Company expects that the proportion of transfer passengers, ie those who use transfers in Warsaw, will be in 2020 about 50 percent.

Chopin Airport, the hub of the Polish carrier, “must keep up with our growth, and thus provide appropriate infrastructure and capacity “- writes LOT strategy. Indicates that ultimately it will be necessary to transfer calls LOT to other centrally located airport in Poland.

New connections LOT wants to pursue with the help of a larger fleet. The carrier estimates that in 2020, will operate a total of around 70 machines, including 16 Dreamliners and about 15 new single-aisle aircraft above 150 seats. The strategy stipulates that the LOT itself can realize the development of the fleet. Allow it has operating lease, which much less charged the company’s finances. Next year, the LOT will join several new machines single-aisle; the company completes negotiations on this issue.

Also in the next year LOT expects the delivery of two new Boeing 787 Dreamliner. Currently, the line has six of them. They fly to the United States, Canada and Asia.

LOT intends to invest in people

The strategy assumes that with the development activities, LOT intends to invest in people. By 2020 the line plans to raise about 400 new pilots and more than 1,000 new cabin crew members. This has lead to the elaboration of the market mechanism of remuneration and motivation of people who work with the company. This is to be done in dialogue with the unions.

Currently, the company operates 419 pilots and more than 670 people from the cabin crew.

Since the beginning of this year, LOT has opened 23 new destinations, including long distance call to Tokyo. The carrier also improved financial results. In June, he began to make a flying reaching a positive result on last year podstawowej.W Airlines flew 41 directions of 45 planes, and this year it takes 60 calls the same number of machines.

Treasury Minister Dawid Jackiewicz in an interview with PAP he said Wednesday that revenues LOT grew, so you may find that the company may have up to a year for a quiet search for an investor.

– After a process of compensation, which lasted until January, repelled and it is evident growth revenue, all the time, of course, oscillate around zero, but we have an increase in revenue, which means that it may not be forced to a sharp searching for an investor in the coming weeks or months, “- said Jackiewicz. He added that if it turns out” that we quietly for a year to look for an investor, it will be in a comfortable position to look for such an investor, which we will match the profile of the company – he said.

the shareholders of PLL LOT are: the State Treasury, which holds 99.82 per cent. shares TFS Silesia – from 0.144 percent. shares and the staff – from 0.036 percent. action.

PAP, abo

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