LOT President resigns, with the real work yet to start

President of national carrier PLL LOT Jan Litwinski resigned yesterday foll owing news reports that he was receiving money from LOT bankrupt shareholder Swissair for advisory services. "The new president will have to reassure em ployees and start real restructuring. This will include laying-off hundreds of managers, reach an agreement with IATA agents and develop an independent strategy from its dominant partner Lufthansa. He will have a tough, but an interesting job," said IATA president in Poland Ryszard Posyniak. Around two weeks ago LOT has announced it plans to record profits from transportation services, which it failed to do for number of years. The new president will also have to introduce LOT to the Star Alliance, which it has been constant ly reminded to do by Lufthansa. "The company must have a clear strategy and focus on one instead of a mix of complementary activities," said Professor Wlodzimierz Rydzykowski, a transport professor at Gdansk University. (Puls Biznesu, p. 10) M.M.