In peak season, Airpolonia cuts its charter flights

Due to the lack of planes and capital, Airpolonia, the first Polish budget airline, has had to cut its charter flights. The knock on effect is that tour operators are likely to have problems as the summer holiday season enters full swing. "On Monday we explained to tour operators that we cannot fulfill all orders for flights as we do not have a fourth plane," explained Adam Wychowaniec, the director of charter flights in the company. He went on to say that Airpolonia even looked for another company that was willing to take over their extra orders, but were unsuccessful. As a result the carrier will cancel some of its flights, including those to Tenerife. Airpolonia would like to lease another plane but lacks the capital to do this alone. This come as further bad news, as recently Airpolonia cut the number of its domestic flights. On the positive side, company representatives say that they have found an investor who is likely to enter the venture within two to three weeks. Unofficial sources speculate the investor will be Crescent PlanConsult, which is to obtain a stake of 76% and increase the company's capital by zł.3 million. (Puls Biznesu, p. 10) A.K.