Current Affairs Sale of CSA hits turbulence as Air France-KLM withdrawal leaves only one bidder for airline

20-08-2009 16:44 | Ian Willoughby

The much-anticipated privatisation of the Czech Republic’s national carrier Czech Airlines (CSA) has hit turbulence, with Air France-KLM dropping out of the tender. That leaves only one bidder for the loss-making airline – and the Czech government likely to face a choice between getting a poor price for CSA or not selling it at all.

Photo: www.csa.cz Photo: www.csa.cz   Back

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