Business

Polish airline LOT’s takeover of Czech carrier falls through at last minute

Ewan Jones

08.12.2025, 09:54

LOT’s potential purchase of Smartwings was touted as a market move ahead of the scheduled opening in 2032 of a major Polish transport hub. — LOT’s potential purchase of Smartwings was touted as a market move ahead of the scheduled opening in 2032 of a major Polish transport hub. Photo by Fabrizio Gandolfo/SOPA Images/LightRocket via Getty Images

LOT was outbid in the final straight by Turkish budget carrier Pegasus.