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Poland's national air carrier LOT Polish Airlines has presented its restructuring plan to the Treasury Ministry. According to sources quoted by Dziennik Gazeta Prawna, the main focus is put on decreasing the number of planes LOT uses. The company plans to offload 29 of Embraer planes. Also, three Boeing 767 machines will be returned to leasing companies.
Long-distance flights will be operated only by Dreamliners, of which LOT expects to have five by the end of the year. LOT also plans to stop operating on national routes, which are to be serviced by Eurolot. LOT will also lay off 360 of its office staff and 320 of the flight personnel.
The rescue plan will have to be approved not only by Poland's State Treasury, but also by the European Commission, as LOT has applied for public financial aid.
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