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Centralwings halts LCC operations


LOT Polish Airlines has decided to terminate the scheduled operations of its LCC subsidiary, Centralwings, by the middle of Sep-08. The carrier joins an increasingly lengthy list of failed or abandoned LCC subsidiaries launched by major European carriers over the past decade, including Buzz (KLM), go! (British Airways), Basiq Air (Air France) and Virgin Express (Virgin Atlantic). [447 words]

Unlock the following content in this report:


  • Centralwings cut to boost LOT's IPO prospects

Graphs and data:

  • Centralwings scheduled destination map: Aug-08
  • Centralwings & LOT Group results (EUR millions): 2005-2007
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