Centralwings to partly part ways with the Treasury

Maciej Kwiatkowski, the president of Centralwings, said that they were still deciding whether to look for a strategic investor or to simply sell their shares on the stock exchange. According to Kwiatkowski, there are many parties interested in acquiring Centralwings' shares, including banks and firms unaffiliated with the airline industry. Potential investors might be attracted by the company's quick development. In 2005, Centralwings was worth zl.300 million; the firm's management has now valued the company at zl.500 million. During its two years of activity, the company has assumed third place among low-cost airlines in the country, in respect to passenger volume. In H1 of 2006 around 17% of passengers on low-cost airlines flew on Centralwings. (Rzeczpospolita, December 9-10, p. B3) M.M.