Milczarski: Aviation group consolidation ‘within 6 months’

The works on the integration of the Polish Aviation Group PGL should be completed within at least next 6 months, Rafał Milczarski, CEO of state-owned airline LOT and president of the PGL said. He added that he wants this process to be clear and transparent so that it would not raise the slightest doubts of the employees of LOT and the European Commission. “No money from PGL, which could be considered as public aid, can go to LOT and we have to make it clear and legible both for our employees and the European Commission,” he explained In January this year, PM Mateusz Morawiecki set up the Polish Aviation Group, a joint-stock company with a capital of PLN 1.2 billion. The Polish Aviation Group will ultimately gather the most important State Treasury companies operating in the passenger aviation industry. These include LOT Polish Airlines, LOTAMS - technical aircraft servicing and LS Airport Services responsible for the handling of passengers and cargo. “We are completing the process of selecting consultancy and legal service providers whose task is to plan an efficient process of PGL integration,” Milczarski said.