LOT Polish may lead new airline for Poland, Czech, Hungary, & Slovakia
According to a number of media outlets, the governments of Poland, the Czech Republic, Hungary and Slovakia are discussing the possibility of creating a single airline to serve Central Europe. The four EU member states are also part of the Visegrád Group, or V4. Together, their population rivals the UK, France and Italy.
Between them, the V4 account for half of all seat capacity in Central European nations. In addition, Central Europe's three biggest airports – Warsaw Chopin, Prague and Budapest – are in the V4. Moreover, the two largest airline groups by intra-Central Europe capacity – LOT and SmartWings Group – are based in the V4 (Hungary's Wizz Air has a much more pan-European network).
Central Europe lacks an airline with a truly global scale and its aviation market is even more fragmented than Europe's as a whole. At a time when demand has collapsed due to the COVID-19 crisis, airlines are struggling for survival.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.