LOT Polish Airlines reported a 2014 annual net profit on its core business of PLN99 million ($26 million), reversed from a PLN67 million loss in the year-ago period. “This is the first company’s profit in seven years. It is almost PLN30 million above the restructuring plan assumptions, and PLN103 million more than in 2013,” CEO Sebastian Mikosz said in a statement. The restructuring plan formally ends next year. The normalized net profit, i.e. without one-offs and ...

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