Polish Airline LOT wants to attract investors

Rafał Baniak, Under-Secretary of State and Vice Minister of the Treasury claims that Polish Airlines LOT has never been more attractive to investors than it is now. After an initial aid package of PLN 400 million to the ailing state-owned carrier, the company is making headway. It is no longer in the red and is sustainable. Baniak addressed businessmen at the Baltic Business Forum in Świnoujście. LOT is aiming to stay away from state aid and to show profits in tens of millions of złotys at the end of 2014. The vice minister did not hide the fact that liquidity in the form of PLN 100 million is one of the primary needs and the search for an investor to this end, continues. News release provided by Gazeta Wyborcza.