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Government wants to support LOT with amount of nearly PLN 3bn

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Government wants to support LOT with amount of nearly PLN 3bn
Source: Wikimedia Commons

The support program for LOT Polish Airlines, due to the company's situation caused by the Covid-19 pandemic, is to amount to a maximum of PLN 2.94 billion, according to the draft resolution of the Council of Ministers published on Friday. The aid is to be in the form of a loan and a capital injection.

"The purpose of the aid is to ensure liquidity, profitability and restore the capital structure of PLL LOT before the Covid-19 epidemic," the resolution reads.

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