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Czech Airlines sale cancelled

PRAGUE - The Czech government Monday decided to cancel the sale of flag carrier CSA Czech Airlines to a Czech-Icelandic consortium, citing a range of concerns, and will instead continue restructuring

CSA to sell 5 planes, duty free unit to generate cash

PRAGUE - The board of the troubled Czech national carrier CSA has approved a plan to sell five planes and other assets in efforts to generate cash.

CSA shows $1.3 million loss, double of what was expected

PRAGUE - Czech Airlines (CSA) showed a net loss of 1.83 billion crowns ($102.8 million) for the first six months of the year, almost double what was expected by the company, news website idnes.cz repo

Air France-KLM chosen to bid for Czech Airlines

PRAGUE - Air France-KLM and the Czech consortium Unimex-Travel Service were picked by Czech government Monday as candidates to take over state-owned Czech airlines, officials said.

Czech finmin opens tender for sale of CSA airline

PRAGUE - The Finance Ministry opened a tender for the sale of national carrier Czech Airlines (CSA) and said it aimed to pick a winner by the end of September.

Czech government approves CSA airline sale terms

PRAGUE - The Czech government approved on Monday two-round tender conditions for the sale of national carrier Czech Airlines (CSA), pushing ahead with the privatisation despite a deepening global econ

Lufthansa not to bid in Czech airline CSA privatisation – vice...

PRAGUE - Deutsche Lufthansa AG is not likely to bid in the privatisation of Czech airline CSA, a Lufthansa vice president said, playing down expectations the German carrier will take part in the sale.'Don't expect news that we will be buying CSA,' Karsten Benz told daily Mlada Fronta Dnes in an interview.He said the company feels that its market share in the Czech Republic is 'good'.

US’ Odien may bid for Czech airline CSA; China Southern reportedly...

PRAGUE - US investment group Odien, which recently bought the oldest Czech travel agency Cedok, said it is interested in the privatisation of Czech state airline CSA, daily Pravo reported.Pravo reported, without citing sources, that China Southern airline is also interested in the privatisation, which is not expected to take place until next year.