newstodate.aero
Dec 14, 2012 (newstodate): Celebrations over the delivery of the first Boeing 787 to the Polish carrier LOT have been cooled somewhat by the fact that the carrier is steeply into financial mire.
On December 11, 2012, the carrier had to apply for help from the Polish state in the form of a USD 450 mio loan, subject to EU approval, and now the airline's supervisory board has fired the CEO, Marcin Pirog after only two years in the chair.
The blame for the airline's negative performance has clearly been placed on its top leadership, and the carrier is now to restructure, read: cut costs and trim the organization.
On December 11, 2012, the carrier had to apply for help from the Polish state in the form of a USD 450 mio loan, subject to EU approval, and now the airline's supervisory board has fired the CEO, Marcin Pirog after only two years in the chair.
The blame for the airline's negative performance has clearly been placed on its top leadership, and the carrier is now to restructure, read: cut costs and trim the organization.