Poland completes formation of LOT umbrella group

The Polish govt has bundled 4 state-owned aviation companies into Polish Aviation Group (PGL) as part of its strategy to gain a leading position in the integration of the sector in the country and the Central and Eastern Europe (CEE) region. The strategy also calls for the construction of a new mega-hub airport in Warsaw, which ultimately would have 4 runways and a capacity to accommodate 100m passengers per year, or about 5 times the capacity of Warsaw Chopin. PGL stands as the new umbrella company of LOT Polish Airlines, MRO providers Lotams and LS Technics, and LS Airport Services. <br/>
AIN
https://www.ainonline.com/aviation-news/air-transport/2018-10-10/poland-completes-formation-lot-umbrella-group
10/10/18
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