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LOT Polish Airlines Achieved Record Results in 2024

by Kimberly Inlander

Mar 17, 2025

© Anton Volynets | Dreamstime.com

Airlines

Last year was a banner one for LOT Polish Airlines. In 2024, the airline saw its second-highest financial result in recent decades, with a revenue of PLN 9.93 billion. That number reflects a net profit of PLN 688.5 million and an operating profit of PLN 805.7 million. In the face of increased market competition and lower ticket prices, LOT achieved an operating profit margin of 8.1 percent.

Also in 2024, LOT Polish Airlines carried a record 10.7 million passengers, almost 0.7 million more than in 2019. In that time, the airline added 11 new aircraft, including seven Boeing 737 MAX-8s, three Embraer 195 E-2s and one first-generation Embraer 195. At the end of December 2024, LOT Polish Airlines expanded its fleet to include 86 aircraft, the largest in the carrier’s history.

“LOT Polish Airlines is now larger and financially stronger. These are the foundations of our strategy, which we are consistently implementing. I’d like to thank the entire LOT Polish Airlines team and all our partners. Thanks to their hard work, LOT has become the airline of choice in our region, and it will soon become the main carrier at Europe’s most modern airport – the Central Communication Port (CPK),” said Michał Fijoł, president of the management board, LOT Polish Airlines.

For LOT, 2024 also meant eight new routes from Warsaw, new in-flight amenities on select routes, new uniform elements, new amenity kits, a new business lounge in Chicago (ORD), and the expansion and renovation of the LOT Business Lounge Polonez in Warsaw.

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