EU entry sees 2004 return for White Eagle charter flights
White Eagle Aviation (WEA) part of the Curtis group, controlled by Zbigniew Niemczycki, will return to the charter flights sector next May. The investor claims that prices offered by WEA will be substantially lower than those of competition, which will be achieved thanks to the liberalization of the Polish market after entering the EU. This means that the company will not have to pay remuneration to its crew for the whole year, but only for the most profitable six months. Moreover, it will only lease planes in profitable months. The company had 38% market share in terms of charter flights in 2002, but it quit the market in 2003. WEA was divided into two parts; WEA, offering personal charters, and WEA Cargo, which will be most likely sold. Niemczycki would not reveal the companies financial results, adding "I can only say that the whole group is recording substantial profits on a net level every year." (Parkiet, p. 6) M.M.