LOT to expand its fleet

PLL LOT plans to invest billions of US dollars in new aircrafts, Dziennik Gazeta Prawna reported. In case of medium size passenger jets, the carrier is going to buy 20 new aircraft, choosing from A320neo produced by Airbus and Boeing 737 Max. With regard to wide-bodied aircraft, LOT may purchase an Airbus 1330neo or one of the Dreamliner models. LOT may also do shopping at Bombardier's or Embraer's production plants. The company did not reveal how it plans to finance the new additions to the fleet, the cost of which may reach $5 billion. Currently, LOT's fleet is compromised of 45 aircraft, including two chartered by the Polish government.