Czech Airlines starts down-sizing

Czech Airlines, or CSA, the country's national carrier, has begun down-sizing its staff. A plan to restructure the company during the years 2006 - 2008 is responsible for the policy, which aims to get Czech Airlines out of debt. According to CSA, the down-sizing plan will see the departure of approximately 20% of the company's employees, thus about 1100 people of the 5500 that CSA currently employs. In addition, CSA plans to sell two of its Boeing 737 fleet.