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LOT (Polish Airlines) headed for a crash?

HappymealThreads: 14 Posts: 40 Joined: Feb 14, 09	May 13, 09, 00:33 / #
LOT headed for a crash? Warsaw Business Journal \| 05.05.2009 \| 17:36 The embattled airline is reportedly close to bankruptcy after reports of massive losses. http://finanse.wp.pl/kat,104114,title,LOT-headed-for-a-crash,wid,11098 359,wiadomosc.html?ticaid=18040 This is NOT looking good :(... I sure do hope that the tickets i purchased for my Family vacation to Poland this summer will still be good.

jazzvibesThreads: - Posts: 7 Joined: Oct 15, 08	May 13, 09, 07:45 / #
Happymeal: This is NOT looking good :(... Hopefully it's gonna look better than that http://www.youtube.com/watch?v=pk8EOSP4wKE

HarryThreads: 59 Posts: 7,996 Joined: May 2, 07	May 13, 09, 13:22 / #
Happymeal: I sure do hope that the tickets i purchased for my Family vacation to Poland this summer will still be good. They will most certainly be good. I can't say more because I work for a company which is involved in the LOT saga but you certainly won't lose the money you spent on those tickets.

benszymanskiThreads: 9 Posts: 510 Joined: Feb 29, 08	May 13, 09, 13:48 / #
I am sure the Polish government would prop them up just like the Italian government propped up air italia recently if anything happened....

magdalenaGThreads: 7 Posts: 89 Joined: Apr 10, 09	May 13, 09, 17:00 / #
they've hedged on fuel prices for the next three years at $140 a barrell !! , so this years losses are just the tip of the iceberg..

MattewoflvThreads: - Posts: 19 Joined: Jun 13, 08	May 14, 09, 05:54 / #
lol there will always be a polish airline. If LOT goes bankrupt then someone else will buy them

HappymealThreads: 14 Posts: 40 Joined: Feb 14, 09	Edited by: Happymeal May 28, 09, 00:18 / #
Lufthansa reportedly eyes LOT, Poland downplayshttp://www.reuters.com/article/innovationNews/idUSTRE54Q3NI20090527 FRANKFURT (Reuters) - The Polish government poured cold water on a report on Wednesday that Deutsche Lufthansa (LHAG.DE) was in talks to buy a stake in Polish airline LOT LOT.UL from the government in Warsaw. "The privatization process has not started yet," a spokesman for the Polish treasury ministry said.

Lotnik767Threads: 6 Posts: 210 Joined: Nov 12, 08	May 29, 09, 22:20 / #
LOT will survive this turbulent time with out an investor! They have new planes coming in this summer so they should do okay! But they really should work on their fuel charge and get it reduced! This is a fault of polish government PO that wants to hurt LOT so they could make it private owned! I hope to GOD that LOT will make it out and that Lufthansa doesn’t buy them. Why does every thing Polish have to become German? Germany destroys and makes polish product worse every time they invest or buy Polish product! STOP the GERMAN Buy-OUT of Polish property and people! Say no to Germany!!!!!!!

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