Eurolot is struggling COURTESY OF EUROLOT

Eurolot, an airline co-owned by the State Treasury and the Polish national carrier PLL LOT, may have a 2012 net loss of zł.36 million, Magdalena Kobos from the Treasury Ministry said. Dziennik Gazeta Prawna reports that the loss may be partly attributed to Eurolot's support in the restructuring of PLL LOT and taking over some of the latter's overdue payments.

The ministry did not confirm this and said that the loss was due to service costs regarding the old ATR planes the airline is using. The newspaper stresses however, that such expenses were zł.20 million less than in 2011.

This year, Eurolot, according to unofficial treasury plans, will take over LOT's domestic flights. According to Eurolot's recent announcement, it will start operating on some of the domestic connections at the end of March 2013.

Poland A.M.