LOT rumored to be planning to invest in the development of Okecie hub

Reports in the Puls Biznesu daily suggest that LOT Polish Airlines may be ready to co-finance the planned redevelopment of Warsaw's Okecie airport. The total cost of the expansion is estimated at between zl.1.2 billion and zl.1.4 billion, with the funds being provided by the airport itself, and bank loans. Quoting unofficial sources, Puls Biznesu states that LOT is expected to invest in the development as part of its plan to create, in cooperation with its partners in the Qualiflyer Group, a hub airport at Okecie. According to LOT spokesman Pawel Klimiuk, construction of the hub will increase the number of transit flights through Warsaw from 850 to 2,300 a week. Minister of Transportation Jerzy Widzyk has stated that the development of the Okecie hub should be completed within four years. (Puls Biznesu, p. 11) M.T.K.