| LOT Valruzian Airlines|
Walruzyjskie Linie Lotnicze LOT
|Founded||May 14, 4247|
|Legal Basis||Establishment of the State Owned Airways WLL LOT Act|
|Hubs||Nowogard "Ignański" International Airport|
|Secondary Hubs|| • Hel Intl. Airport|
• Brzansk - Olipmpia Airport
• Gryfitow - Topolin Airport
|Fleet Size|| • LOT VA - 485|
• LOT Group - 843
|Subsidiaries|| • LOT Cargo|
• Tucan Air
• Air Baltusia
• Dorvish Airways (15% - MCA)
|Owners||Szwarzentel Investments (100%)|
|Slogan||Fly safe with us!|
|Key People||Władysław Furman|
|Destinations||324 (59 countries)|
|Employees|| • LOT VA - 27.900|
• LOT Group - 290.500
Walruzyjskie Linie Lotnicze LOT S.A. commonly known as LOT Valruzian Airlines, is the flag airline carrier of the Republic of Valruzia. It was established on May 14, 4247 and based in Nowogard. The airline's main hub is located Nowogard "Ignański" International Airport.
LOT Valruzian Airlines offers four different classes of its services: Economy, Economy Plus, Business and First Class. The LOT Valruzian Airlines despite its young age is considered one of the safest airlines in Terra. Airline frequently introduces new safety procedures. For example, during takeoff, both pilots push the thrust levers to ensure that one pilot does not ruin the takeoff procedure.
LOT Valruzian Airlines was a fully state-owned company which was headed by the director appointed by the Minister of Infrastructure and Transport. It was the Ministry of Infrastructure and Transport of the Republic of Valruzia which was responsible for maintenance and expansion of the airline.
In May 4255, the LOT Cargo was established, which became a wholly owned subsidiary cargo airlines of LOT. In the same year Homeconnect and Interconnect were established. Homeconnect provides air passenger transport services within Valruzia connecting minor and major airports. Interconnect was established as ultra long-haul routes airline which solely operates on international routes.
In November 4282, the government of Valruzia finalized the deal with the dorvish government which established mutual control packets over the LOT Group and the Dorvish Airways. 15% of DA fell under the control of LOT Group and 15% of LOT Group under the control of DA. This agreement gave the LOT Group a great field of expansion of its services especially on the cargo market, as the Dorvish Ariways lacked the designated cargo airline.
Despite the LOT Valruzian Airlines initially was a state-owned airline, it now is nearly entirely in private hands. In December 4292 the Szwarzentel Investments bought 34.5% of LOT's shares from the government of Valruzia for 1.3 billion valrusian pesos and then in July 4294 S.I. bought the remaining 50.5% of the airline's shares which made it entirely private. Only those 15% which belongs to Dorvish Airways remain in the government's controll due to the fact that the valruzian government is the official depositary of DA's shares in LOT.