From the Wall Street Journal:
Ailing Polish Airline LOT to Shrink - Emerging Europe Real Time - WSJ
Nie dobrze, as they say in Poland! But there seems to be a silver lining for EuroLOT, as they will pick up LOT's domestic routes and a number of European ones. In such a price-sensitive market, flying turboprops on domestic and short(ish) regional routes is probably the only cost-effective option.
Does anyone have a link to ELO's Financial health, as they seem to be doing much better than the parent airline?
(Although I'm quite partial to ATRs, flying on them fairly often I must say that these new Q400s are quite nice...)
Cheers