Analysts impressed as Air Polonia posts profits despite charter flights flop

Budget airline Air Polonia pulled in a zł.1.2 million profit over the first half of the year. However, while its scheduled low-cost routes achieved a profit of zł.1.7 million, the company's performance was marred by the zł.0.5 million loss accrued by its charter operations, which currently constitute just 15% of its business. The company, which serviced 112,000 passengers during the first six months of the year, intends to scale down its charter service in order to concentrate on its scheduled flights. Sector analysts see the Air Polonia results as very positive given that the firm has only been active for a few months. (Puls Biznesu, p. 8; Parkiet, p. 4) A.F.