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Aircraft and finance. Travel Service acquires 34% of Czech Airlines

Prague, Czech Republic - Transaction carried out through Korean Air, which wants to make Prague Airport its European hub

Korean Air informed Czech Aeroholding about its requirement to use option to exercise its right to purchase further 34% of Czech Airlines (CSA). This step is in accordance with the purchase contract on the sale of 44% of Czech Airlines stock signed in April this year (AVIONEWS). Subsequently, the Asian company will sell the 34% stake to Travel Service, a Czech carrier which mainly operates charter...

AVIONEWS - World Aeronautical Press Agency - 1156952

AVIONEWS - World Aeronautical Press Agency
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