LOT Polish Airlines, the national carrier of Poland, has temporarily suspended its lease contract for a Boeing 737-800aircraft with HelloJets, a Romanian carrier. The lease, originally due to terminate in October 2025, was cut short as part of operational adjustments following the suspension of LOT’s Tel Aviv route, where the aircraft had been operating.
Phoenix Aviation Capital, based in Ireland, and AIP Capital, a U.S.-based investment platform, have jointly announced the acquisition of a Boeing 787-8 Dreamliner, serial number 35942, which has been placed on long-term lease with LOT Polish Airlines. The transaction underscores continued confidence in widebody leasing and in LOT’s long-haul strategy.
Polish Aviation Group (PGL), the state-owned holding company overseeing LOT Polish Airlines and other aviation-related subsidiaries, has appointed Radoslaw Stepien as its new chief executive officer, replacing Michal Fijol.
Buzz, the Polish charter airline and subsidiary of the Ryanair Group, has reported a 28% decline in net profit, posting $25.4 million for the fiscal year ending 31 March 2024. Despite this setback, the airline recorded revenues of $555 million, indicating a resilient operational performance in a highly competitive European leisure market.
Buzz, the Polish subsidiary of Ryanair Group, has taken delivery of a Boeing 737-8200, bearing serial number 62385, further expanding its fleet of high-density, fuel-efficient aircraft. The new aircraft is powered by LEAP-1B27 engines, supplied by CFM International, offering lower emissions and improved operating economics.
Enter Air, the Polish charter airline, is strengthening its fleet ahead of the peak summer 2025 travel season by leasing three Boeing B737-800s. The move supports the carrier’s growth strategy as it seeks to increase market share in the European leisure segment during high-demand periods.
GE Aerospace has announced the opening of XEOS, a state-of-the-art maintenance, repair, and overhaul (MRO) facility located in Sroda Slaska, near Wrocław, Poland. This facility is focused on the advanced servicing of LEAP engines, which are widely used in the latest generation of commercial aircraft.
Lufthansa Technik, a leading MRO provider based in Germany, and LOT Polish Airlines are strengthening their partnership through an expanded cooperation agreement. The latest collaboration focuses on MRO services for LEAP-1B engines, which power LOT’s Boeing 737 MAX fleet.
LOT Polish Airlines has announced the launch of direct flights from Krakow (Poland) to Paris-Orly (France), with services set to commence on March 31, 2025. The route will be operated using the Boeing 737-8, offering passengers a modern and efficient travel experience.
LOT Polish Airlines (Poland) has completed the repayment of the second tranche of its pandemic-era loan, transferring a total of US$108.6 million plus interest to the State. This repayment marks another significant step in LOT’s financial recovery following the challenges posed by the global COVID-19 pandemic.
