CSA sale tender due within two months

Interest in Czech Airlines to be “tested” during new tender

A tender for the sale of Czech state carrier CSA Czech Airlines to a “strategic partner” will be launched either at the end of this quarter or the start of the second quarter, the Czech Finance Ministry has said, according to a report in the weekly magazine Tyden. Talks on the sale have already been held, the magazine said, with two airlines – Air France and Korean Air.
CSA is a member of the Skyteam alliance. It is still struggling to recover from a large-scale expansion that took place six or seven years ago, which severely strained the carrier’s finances. Following a failed privatisation attempt two years ago the Czech government is stressing caution, saying that its aim now is to “test” interest in the airline.
“We have to first find out what the interest is and whether there are serious partners at all,” the ministry source told the magazine.


Check Also

Air France, strike, unions, vote, Easter, March, 2018, cancel, flights, travel

Air France passengers face two strikes

Turbulence ahead as unions vote to stage strikes on both of the upcoming Fridays.

SNCF, rail, train, Brittany, Rennes, taxi, plane, air, Caribbean, Air France, France, VIP, station, Orly, airport, Paris, Massy, Fort-de-France, Martinique, Point-à-Pitre, Guadeloupe, Cayenne, French Guiana, Saint-Denis, Reunion

Brittany to the Caribbean in a single booking

Starting today, Air France is teaming up with a combined ‘rail + air’ offer from TGV AIR.

Air France, cancel, delay, strike, February, pay, grounded, flights, Paris, Toulouse, Lyon

Air France strike hits Paris flights

Travellers are advised to postpone their flights until February 27 as chaos strikes airports.

Aviator, ground handline, Wideroe, lose, customer, Air France-KLM, Norway, airports, security, baggage

Airport handler Aviator loses major airline

The pan-Nordic airport handling provider loses a contract with an important customer to a competitor.

Ryanair’s cabin baggage rules change

Passengers no longer able to carry two cabin bags on board

Bergen two new routes, Billund one

Air France and Wizz Air announce fresh expansions