Czech Airlines 737-400. By Rob Finlayson Czech Airlines (OK) recorded an increased pre-tax loss in 2011, tripling its deficit to CZK241.3 million ($11.6 million) from CZK76.1 million in 2010. Rising fuel costs and previously incurred financial obligations were cited as reasons for the poor results.    Revenue dipped to CZK16.9 billion, down from 2010’s CZK21.5 billion. Costs declined to CZK17.1 billion compared to CZK21.4 billion in 2010. OK is in the middle of a ...

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