CSA Czech Airlines posted a CZK111 million ($6.7 million) pre-tax profit in 2007, an impressive reversal from a CZK396 million loss the previous year and nearly three times greater than its forecast result under its OK 2006-2008 strategy. "Today the airline is stabilized and prepared for potential privatization, and we can say with a large degree of certainty that Czech Airlines can expect further growth," President Radomir Lasak said. The result was boosted by CZK50 million netted from the ...

Subscribe to Access this Entire Article

"CSA on the right track" 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.

Already registered? here.