State-controlled EuroLOT to be liquidated, will shut down on March 31

EuroLOT ( (Warsaw) is giving up in its financial struggle. According to Radio Poland, the struggling airline is not taking any reservations past March 31.

According to report, the airline has been exploring its options for the past two months and concluded it could not make the company profitable. The state airline will be liquidated. The treasury of Poland controls 62.1 percent of the shares.

Read the report: CLICK HERE

Copyright Photo: Rolf Wallner/ EuroLOT’s Bombardier DHC-8-402 (Q400) SP-EQH (msn 4424) is framed on the ramp at Zurich. The Q400s will find new homes quickly.

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