27, July, 2010 Lot Airlines is up and just running fine.
23, September, 09 Announced they will layoff a quarter of the staff, 900 jobs in all. Union preparing to strike.
14, September, 09
LOT Polish Airlines will introduce a new contract to employees October,1 Employees can expect a 15 percent cut in salary and jobs available.
The International Transport Workers' Federation and the European Transport Workers' Federation said. LOT also fired the president of the Polish Cabin Crew Union and the president of the LOT Polish Airlines Employees Union in July. ITF and ETF said they are putting together "a plan of international action for the next six months" in conjunction with national trade unions.
9, September, 09
LOT Polish Airlines will bring in a financial adviser to help sell new shares, CEO Sebastian Mikosz was quoted as saying. "We're in talks with an investment bank which will advise us on the capital hike," targeted for next year
5/5/09 Financial loss of estimated zt900 million. Unable to pay invoices because it has no money, and it is being refused bank credit. Closed subsidiary airline Centralwings last year. State aid unavailable. Lufthansa, British Airways and Air France-KLM are interested in acquiring the airline. Talks are on going, speed is of the essence. Workers threaten strike.
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Lot, Polish Airline, faces Bankruptcy, union, pilots, strike, news, review
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