CSA Czech Airlines posted a CZK496 million ($22.6 million) loss in 2005, a significant reversal from the CZK324 million profit earned in 2004, and expects to finish 2006 in the red, the carrier told the CTK Czech News Agency. Operating revenues rose 12% to CZK22.4 billion against a 21.4% increase in costs to CZK23.4 billion. CSA transported 5.2 million passengers last year, a 20% increase that "was achieved at the cost of inadequately high expenditures," President Radomir Lasak told CTK. ...

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