SkyTeam member CSA Czech Airlines is working to get financial help from key shareholder Korean Air to overcome its financial struggles. Several media outlets are reporting that, as of September, an estimated $20 million is required. “There has been a significant shift in negotiations with Korean Air,” CSA said in a statement, adding that Korean Air’s capital contribution is conditional on CSA’s execution of measures outlined in its restructuring plan. In 2013, CSA ...

Subscribe to Access this Entire Article

"CSA Czech Airlines in negotiations with Korean Air for financial aid" 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?

Already registered? here.