Magdalena Wiktorowicz IIA

„Ty wyznaczasz kierunki”

„Fly your way”

General Information• Flag carrier of Poland.• Established in 1929 (January 1st)•One of the world’s oldest airlines.•Most destinations are served from Warsaw Chopin

Airport• LOT has a network of 60 destinations (Europe, Asia,

North America).•Owns 33 airplanes.• CEO - Sebastian Mikosz

ORIGINS• The idea of creating Polish airlines was born right after the

war, in 1918. • The first Polish airline Aerolot was formed in 1921 in Poznań. • Aerolot’s main rival was Aero founded in 1925 in Warsaw. • At the end of 1928 both companies merged and formed LOT

Polish Airlines, owned by the government.

Both Aerolot and Aero had excellent pilots. The term „Polnisches Wetter” was created in Vienna and described the weather so bad that only Polish pilots were able to fly in it.

Okęcie Airport in 1934.

Pola Mokotowskie

• LOT offered services to the main cities of Poland, the first international flight was to Vienna(1929).• In 1930 LOT was accepted into the International Air

Transport Association• In 1931 the stork and Tadeusz Gronkowski’s logo were

officially recognised. • In 1934 LOT’s headquarters were established at the newly

created Warsaw Okęcie Airport. (Before Pole Mokotowskie was the base of the company)• In 1938 LOT carried out a transatlantic test flight.

• During the Second World War 16 of LOT’s aircrafts were detained in Romania and the rest had been destroyed. • All the airports and flight equipment was destroyed.

During the People’s Republic• The LOT airlines were re-established on March,10 1945.• The same year both domestic and international services restarted. • At first LOT acquired Western and Soviet airplanes. However, with

time Soviet-produced aircrafts started dominating the fleet. • In 1961 routes to Africa and the Middle East were created. • Regular transatlantic services to New York were established in

1973. In 1955 LOT for the first time transported over milion passengers. After the war first female flight attendants were trained.

1981-2001• In autumn, 1981 air transportation collapsed and all

Western airlines on December 13 suspended their connections with Warsaw (the martial law was declared). • In 1988 LOT created its longest connection to Singapore.• Since 1988 LOT began buying Western aircrafts, mainly

Boeings. • In 1992 LOT took a step toward partial privatisation. • In 2001 LOT transported over 3 million passengers.

• In the 2000s LOT started many new routes to Armenia, Lebanon, Estonia, Russia, Slovakia, Georgia, Syria. • In 2010 it cancelled flights between Kraków and Chicago

and Kraków and New York. • In 2011 it announced to feature more Asian destinations. • Currently LOT has 33 aircrafts in service. • In 2011 LOT carried 4 635 305 passengers.

First Airplanes

JUNKER .13FOKKER F.VII

Douglas DC-2 Lockheed Model 14 Super Electra

Today’s airplanes

Boeing 737 Classic Boeing 787

Bombardier Dash 8 Embraer 170

Awards• LOT Polish Airlines received multiple awards and distinctions for the

best airlines, for example:BEST EASTERN EUROPEAN AIRLINE: 2011, 2010, 2009, 2008, 2007,

2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998MOST ENVIRONMENTALLY FRIENDLY BRAND IN THE AIRLINES

CATEGORY 2009BEST BUSINESS AIRLINE IN CENTRAL AND EASTERN EUROPEAN: 1999,

1998, 1997, 1996III PLACE IN THE BEST BUSINESS AIRLINE CATEGORY: 2009

OwnershipTHE COMPANY'S STOCK CAPITAL TOTALS 327 760 378,68 PLN.IT CONSISTS OF 780 381 854 STOCKS WITH A FACE VALUE OF 0,42

PLN PER STOCK.

• The State Treasury holds 99,82% of the stock.• Regional Economic Fund JSC holds 0,144% of the stock.• The employees hold 0,036% of the stock.