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Central Europe airlines: Wizz Air leads, LOT Polish growing fastest

Analysis

In late Jun-2018 LOT Polish Airlines took delivery of its third Boeing 787-9 aircraft and its fourth 737MAX-8. As at 26-Jun-2018, LOT had outstanding orders for 18 aircraft: nine 737MAX-8s, five 787-9s and four Embraer E190s. The Polish carrier has enjoyed a strong return to growth since 2016 after emerging from a lengthy period of restructuring.

LOT's CEO Rafał Milczarski told CAPA TV in early Jun-2018 that LOT is aiming to become "Central Europe's favourite airline". Currently, LOT is number three by seat capacity in Central Europe, behind the leader Wizz Air and third placed Ryanair. However, LOT is already the biggest airline on routes within Central Europe and the region's only significant long haul operator.

Seat growth from Central Europe is 10.5% in 2018, according to data from OAG Schedules Analyser, and LOT is the region's fastest growing airline by seat capacity. Wizz Air and Ryanair have a strong presence in a number of countries across the region. This summer, LOT has also established a base outside Poland, launching two new trans Atlantic services from Budapest to New York JFK and Chicago.

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