Travel Service has taken over Czech Airlines; airline now back in Czech hands

0
485

Travel Service, the biggest Czech airline company has acquired a majority of Czech Airlines (CSA) as Korean Airlines sells its 44% share. The Czech airline owned already 34% of CSA shares.

Travel Service has bought Korean Air shares as well as the Czech government’s stakes, and is now nearly full owner of the airline. Travel Service operates regular flights under the SmartWings brand, charter flights and private flights in the Business Jet category.

The announcement of the acquisition is expected later today.

Czech Airlines Airbus A319 with "City of Prague" colorscheme
Czech Airlines Airbus A319 with “City of Prague” colorscheme

blank

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.