LOT recorded PLN 250 million loss in 2015

Poland's flagship airline PLL LOT likely recorded some PLN 25 million loss on core operations and PLN 250 million net loss in 2015, deputy Treasury Minister Filip Grzegorczyk said in parliament. He added that the Ministry may run an audit at the company to check whether LOT's strategy needs to be updated. In June 2015, LOT announced its new strategy based on five pillars: 1) the expansion of long haul flights 2) development of the Warsaw hub 3) increasing the number of passengers to 10 million annually  4) streamlining relations between ground, handling, service, catering and other operations and 5) encouraging a committed corporate team . Grzegorczyk also later announced that the new members of the board of directors would be selected at the end of January.