THE WAYS OF RECONSTRUCTION AND FINANCING OF POLISH AVIATION INDUSTRY Cover Image

SPOSOBY ODBUDOWY I FINANSOWANIA POLSKIEGO PRZEMYSŁU LOTNICZEGO
THE WAYS OF RECONSTRUCTION AND FINANCING OF POLISH AVIATION INDUSTRY

Author(s): Paweł Soroka, Zbigniew Klimiuk
Subject(s): National Economy, Economic policy, Security and defense, Military policy
Published by: Polskie Towarzystwo Geopolityczne
Keywords: aviation industry;capital transfer;coronavirus pandemic;financing;Poland

Summary/Abstract: In the first part of the article was shown the potential of Polish aviation industry, its components and specifics as well as importance for the economy. Also threats for this industry which are the result of so-called coronavirus pandemic were shown and possibilities of its reconstruction were pointed out. Moreover, the methods of financing new constructions and aircraft modernization used in Poland were presented. The second part of the article is devoted to the functioning of aviation production companies in Poland sold to foreign capital, which have become subsidiaries of large western corporations. The subject of analysis was financial flows between parent companies and their subsidiaries. The channels of transfer of funds from foreign subsidiaries to the parent company were shown, including payment of dividends, payment of fees for licensing, managerial and consulting services and the rules of granting facade loans.

  • Issue Year: 2021
  • Issue No: 38
  • Page Range: 95-115
  • Page Count: 21
  • Language: Polish