Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Aeroflot looking for alliance to purchase Czech Airlines

Moscow, Russia - Put on sale yesterday by the Prague's Government

According to European rules, Aeroflot, not being an EC resident, cannot seek more than a 49 per cent stake in CSA. In the CSA privatization deal, we aim to have a partner who would be a Czech resident. "Aeroflot is talking to prospective partners and will be able to declare its choice shortly", says Aeroflot’s CEO Valery Okulov. The Czech government has on February 5 launched the tender for the s...

AVIONEWS - World Aeronautical Press Agency - 1099510
Rome, Italy, 02/06/2009 18:59
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesEU CJ confirms lawfulness of the loan granted to Austrian Airlines in 2020

For EUR 150m; the Court dismisses the action brought by two carriers

On 23 June 2020, Austria notified the Commission of an aid measure in the form of a subordinated loan (convertible into a grant) of €150 million in favour of Austrian Airlines (AUA), which is part of t... more

AirlinesBoeing: Kelly Ortberg possible new CEO

Replacing the outgoing David Calhoun

In March 2024 Dave Calhoun, outgoing CEO of the US Boeing Group, announced his resignation by the end of the year. The board of directors of the company, specialized in the aerospace and defense sectors,... more

AirlinesNew or modernized planes?

Dilemma companies struggling with fleet renewal

Modernize the planes or buy new ones? It is the dilemma that afflicts many air carrier, especially those that cannot afford to update their fleet by focusing only on the purchase or rental of latest generation... more