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Lot Invests in Central & Eastern European Consolidation

By Michael B. Baker / 4 November 2016 / Contact Reporter

Lot Polish Airlines is partnering with Estonian carrier Nordica, including plans to take as much as 49 percent of shares in Nordica subsidiary Regional Jet as part of a strategy to consolidate markets in Central and Eastern Europe.

On Nov. 19, Lot will begin carrying out flights between the Estonian capital of Tallinn and each Amsterdam; Brussels; Oslo; Stockholm; Kiev, Ukraine; Trondheim, Norway; and Vilnius, Lithuania. Regional Jet will operate those flights. Lot also will base one of its own aircraft in Tallinn to serve Munich. Flights will be available for booking through both Lot's and Nordica's websites.


Contrary to our Western competitors, we understand the national, historical and cultural specificity of Central and Eastern Europe."

Lot Polish Airlines CEO Rafał Milczarski

Additionally, Lot will use two—and eventually three—Regional Jet aircraft for flights from Warsaw, which will make Lot's operations more flexible, according to Lot CEO Rafał Milczarski.

Nordica, founded in 2015 after Estonian Air ceased operations, uses Slovenian carrier Adria Airways to operate its flights, but that agreement will end when the Lot agreement commences. Because Nordica will maintain aircraft in Tallinn and staff them with Estonian crews, the partnership allows Lot to "offer synergy and joint development without having to give up the national identity," a model it hopes to carry out with other carriers in the region, according to Milczarski.

"Contrary to our Western competitors, we understand the national, historical and cultural specificity of Central and Eastern Europe," he said in a statement. It's worth it for airlines like Nordica to partner with Lot "since the few unfortunate examples from recent years show that losing a carrier always results in significant restrictions regarding connections with the world, as well as outflow of foreign investments."

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