Press Release: State aid: Commission approves restructuring aid for LOT Polish Airlines

Author (Corporate)
Series Title
Series Details IP/14/882 (29.07.14)
Publication Date 29/07/2014
Content Type

The European Commission on 29 July 2014, concluded that restructuring aid of PLN 804 million (around €200 million), which Poland plans to grant to its national flag carrier LOT, is in line with EU state aid rules.

The Commission found, in particular, that LOT's restructuring plan was allow the company to become viable in the long-term without unduly distorting competition in the Single Market.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-883_en.htm
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