LOT sale may not be final until 2014

Victoria
By Victoria November 12, 2012 11:46

LOT sale may not be final until 2014

The Polish treasury minister Rafal Baniak has indicated to local media that the sale of LOT Polish Airlines could take as long as late 2014.
Baniak said the “LOT privatization process has not been suspended, but looking at the situation in the airline market, it is hard to expect that a new industry investor could be found.”
“We maintain relations with entities that could be interested in purchasing LOT in the future, although today no one is expressing such interest,” he added.

Victoria
By Victoria November 12, 2012 11:46
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