The sale of a 44% stake in loss-making Czech Airlines to Korean Air was approved yesterday (Wednesday).
The Asian carrier was the only bidder for the state airline and will buy the stake for €2.64 million.
A Czech government source told Reuters that the contract would be signed on April 9.
CSA said: “The main goal of this for both parties is to work on the development of Prague airport as a hub and CSA as a carrier so obviously there will be some changes.”
Both airlines are part of the SkyTeam global alliance.
This is a community-moderated forum.
All post are the individual views of the respective commenter and are not the expressed views of Travel Weekly.
By posting your comments you agree to accept our Terms & Conditions.