Posts Tagged ‘LOT’

Esoteric route watch – 1988 redux

Tuesday, June 29th, 2010

LOT Polish Airlines is re-entering the Far East market with a three-time-a-week service from Warsaw to Hanoi – the service launches on 19th October. This will be the carrier’s only destination in East Asia. So why this route? This Cold War blow-back seems a curious choice, particularly as Vietnam is at least nominally still a communist state. Why not Bangkok, Soeul, Osaka or Taipei?

Well, the new service does make some sense, even though it may still prove a foolhardy move. LOT has a less than stellar history in the region with its Beijing service being stymied a couple of years ago by lack of overflight rights with Russia. It currently serves no destination west of Beirut. In the meantime,  the competition – virtually every European long-haul airline – is already flying to Singapore, Bangkok, plus a destination or two in China or Japan. Also, Poland, itself twice the size of any other eastern EU country,  hosts Europe’s third largest Vietnamese community with a population of around 50,000. What’s more, LOT has a fleet of under-utilised Boeing 767s. All this makes Hanoi seem a less eccentric way back into the far-eastern market. So, however unlikely, Hanoi presents a niche opportunity that may yet prove a success for LOT.

LOT Polish Airlines in Trouble

Wednesday, April 29th, 2009

LOT is one of the airlines we have been covering for some time in our list of airlines under threat but it now looks as if the situation is becoming grave. Auditors are refusing to sign off the accounts of the Polish flag-carrier and, it is claimed, the airline does not have sufficient cash to pay its current bills.
Lufthansa has long been regarded as a saviour of LOT but would seem to be fully committed at the moment with deals in place to buy Austrian Airlines and Brussels Airlines.
Some budget airlines have also been withdrawing flights to Warsaw following steep increases in the airport’s charges.
If you are planning on a trip to Poland we suggest you book with other airlines and book as soon as possible because there could well be a shortage of seats if LOT does run into further trouble.