Polskie Linie Lotnicze LOT S.A.

LOT Polish Airlines

Assessment with 5A System: CNNNC

Place on the List of aviation sector: 57

Place on the 500’2009 List: not listed

www.lot.com

Established in: 1929

Company size: large

Address: 00–906 Warszawa, 39 17 Stycznia Str.Zobacz na mapie

Voivodship: Mazovian

Type of business: air transport

Description of business activity: The object of the business activity of the Polskie Linie Lotnicze LOT S.A. is to provide air transport for passengers, mail and goods in the domestic and international traffic (schedule and charter flights). Since 2003 LOT has been a member of the largest global alliance i.e. the Star Alliance. LOT is an airline operating on the basis of a traditional business model of the hub-and-spoke type. It is a kind of the concentric cluster assuming that there is a network of suppliers (goods and services) anchored around a big company. The company is focused on the schedule flights to the Airports in Europe, North America and Middle East. LOT has the largest market share of passenger transport in Poland.

Shareholders:: Ministerstwo Skarbu Państwa – 67,97%, Regionalny Fundusz Gospodarczy S.A. – 25,10%, Inni – 6,93%

Financial data (thousand PLN)
2004 2005 2006 2007 2008 2009
Net revenues from sales 2 914 159 2 771 774 2 762 427 2 983 046 2 856 326 2 724 061
Net financial result
(profit/loss)
17 121 88 611 523 421 29 708 -732 723 -168 057
Capitalized value of R&D expenses
Intangible assets 22 861 21 497 18 784
Total assets 2 748 408 3 195 147 3 310 560 3 251 600 2 771 348 2 532 538
Equity 1 341 915 1 575 266 1 896 335 1 927 370 934 814 665 385

Description of innovative activity: According to the 5A System, the company level of market innovation is highly rated. The ability of company of financing acquisition of the innovative projects are highly rated as well. The company assessment with 5A System is CNNNC.

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