LOT finds insurer while partner Swissair finds trouble

Domestic insurer Warta has prepared a contract for LOT Polish Airlines, under which the national carrier would be secured against risks arising from international conflicts. Warta was able to set the estimated cost of the additional protection at zl.4 per passenger, after finding a fairly cheap and reliable reassurance offer. Should LOT accept the Warta deal, the government would be able to withdraw its insurance guarantees, introduced in the wake of the terror attacks on the US. In other developments, LOT has moved to dispel speculation that it might face difficulties as a result of the collapse of its strategic partner Swissair. LOT spokesman Leszek C horzewski stressed, "It must be underlined that LOT and Swissair are two separate companies and the condition of the Swiss airline will not affect our daily operations." (Rzeczpospolita, p. B3; Parkiet, p. 1) M.K.