Air France KLM withdrew from the tender process for privatization of CSA Czech Airlines, stating that in the current economic environment it believes "CSA might focus on developing and implementing a standalone recovery plan aimed at restoring its profitability." The Czech government in April selected AF KLM and the Unimex/Travel Service consortium as the finalists to proceed to a second round of bidding for a 91.5% stake in CSA (ATWOnline, April 21). The Czech-Icelandic consortium is now ...
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