financetom
Business
financetom
/
Business
/
Poland's LOT to choose between Embraer and Airbus for delivery of 84 planes
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Poland's LOT to choose between Embraer and Airbus for delivery of 84 planes
Mar 16, 2024 10:05 AM

WARSAW, March 16 (Reuters) - Polish flag carrier LOT

will choose between its current supplier Embraer ( ERJ ) or

rival Airbus for the delivery of 84 new aircraft it

plans to buy to service its regional routes, the State Assets

Ministry said on Saturday.

LOT will send a request for proposals to the two companies

in the near future, the ministry said in a statement on its

website, adding it is looking to purchase up to 110 aircraft by

2028.

"(LOT) is faced with making a strategic decision whether to

continue cooperation with the current supplier (Embraer ( ERJ )) in the

regional segment or to switch to a competitor's platform

(Airbus)," it said.

"In the near future, the company intends to send a request

for proposals for the acquisition of 84 regional aircraft to two

manufacturers who offer aircraft that meet the requirements.

That is Embraer ( ERJ ) and Airbus."

LOT currently has a fleet of 75 planes, over half of which

is made up of Embraer ( ERJ ) aircraft with the remainder being Boeing

B737s and B787s.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved