Aeroflot said the Czech government's decision to pass on its bid for CSA Czech Airlines "objectively corresponds with the interests of Aeroflot's management" because SU "detected considerable risks in the bid, which would have entailed serious financial obligations at a time of a global financial crisis." The Russian airline said it came to that conclusion "following a thorough examination of CSA's financial and operational situation." Air France KLM and the Unimex/Travel Service consortium ...

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