According to Rzeczpospolita, the Polish government will soon decide to transfer all assets in national airline PLL LOT to smaller state-owned airline Eurolot. “Restructuring the airline by transferring everything that is left in it to Eurolot is the only way to save the Polish carrier,” an unnamed official told Rzeczpospolita.
LOT currently doesn't have many assets to transfer. It only owns its logo and airport slots (a time window for planes to take off and land). The LOT planes are rented and its headquarters has been sold, and carrier only leases it.
According to the newspaper, the government has obtained unofficial information from the European Commission that it disapproves of public financial aid for the airline.
From Warsaw Business Journal
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