Czech Airlines Boeing 737-400
Czech leisure carrier Travel Service will acquire 34% of CSA Czech Airlines from Korean Air, prompting the departure of Czech Airlines chairman and president Philippe Moreels. Korean Air acquired 44% of Czech Airlines from Czech Aeroholding in April 2013 and is now planning to buy a further 34%. It will then sell the shares to Travel Service to reinforce its European operations. “Working together with Travel Service, the company wishes to make Vaclav Havel Airport Prague its European ...
Subscribe to Access this Entire Article
"Travel Service to take 34% stake in Czech Airlines" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.