Travel Service

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

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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

This post was published on 6 October 2017 16:25

Bart Noëth

Working for 25 years in the aviation industry, I changed my career and became a firefighter/EMT in 2021. I like to spend my free time with my two sons, girlfriend, family and friends. I love to travel, wine and dine and support my favourite football squad KV Mechelen. Once an Ironman 70.3 finisher and dreaming of completing a full distance.

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