
The Polish Aviation Group is on a mission to become a major player in European aviation. They're planning to achieve this by expanding their fleet and operations.
The group's ambitious goal is to have 100 aircraft in their fleet by 2025. This will enable them to offer more routes and frequencies to their passengers.
With a focus on growth and development, the Polish Aviation Group is also investing in modernizing their aircraft and improving their services.
For your interest: Aveos Fleet Performance
Company News
Polish Aviation Group has made a significant move by acquiring Condor Airlines, a German leisure airline. This acquisition is expected to close by April 2020, pending customary antitrust approvals.
The acquisition fits perfectly into Polish Aviation Group's strategy, securing the future of Condor and offering stability and great opportunities to its employees, customers, and business partners. Polish Aviation Group's investment will also allow Condor to fully repay the loan received from KfW.
Condor will continue to act under its current leadership while gaining from expanded connectivity and operational synergies between the airlines. This combination will create one of the leading European aviation groups, carrying about 20 million passengers per year.
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Polish Aviation Group is the leading aviation company in Central and Eastern Europe, owning LOT Polish Airlines, one of the oldest and fastest-growing carriers in Europe. LOT operates on more than 120 routes with a strong footprint in Central and Eastern Europe.
In 2019, LOT carried more than 10 million passengers, more than twice as many as 4 years before. The airline operates a fleet of 80 aircraft, including 15 Boeing 787 Dreamliners.
Worth a look: Lot Quality Assurance Sampling
Operations
LOT Polish Airlines, a key player in the Polish Aviation Group, has a impressive operational record. In 2019, the airline served 10 million passengers, its highest amount yet.
This significant milestone showcases the airline's dedication to providing quality service to its passengers. Their commitment to growth and expansion has allowed them to reach new heights.
With a strong focus on operations, LOT Polish Airlines has established itself as a major player in the aviation industry.
Curious to learn more? Check out: Ubs Elmont Lirr Commuter Lot
Frequently Asked Questions
Who owns the Polish Aviation Group?
The Polish Aviation Group is owned by the Polish State Treasury, which holds a 100% stake. This state-owned entity oversees the group's operations and strategic direction.
Is Polish airlines part of Star Alliance?
Yes, LOT Polish Airlines is a member of the Star Alliance, connecting Eastern Europe to the world since 2003.
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