Poland determined to save national air carrier LOT - dep PM
The Polish government is determined to save the country's flag carrier LOT amid similar moves made by other European governments, Deputy PM and State Assets Minister Jacek Sasin told Polish private Radio Zet on Wednesday.
The deputy prime minister denied that LOT may declare bankruptcy. "We're determined to save LOT, just like the governments of other European countries are determined to save their airlines, offering aid to those airlines," Sasin said, quoting the examples of Lufthansa, Alitalia and Air France.
Sasin said LOT has been taking restructuring measures, such as reducing overheads, payrolls and lease contracts. The government may also "support LOT with external cash injections," he said.
On Monday, LOT reinstated domestic flights after a two month suspension of its regular air operations due to the coronavirus pandemic and the government's restrictions. International flights remain suspended until at least June 6.