Despite passenger increase CSA may end year in red

The Czech national carrier Czech Airlines saw an 18-percent increase in passenger numbers to 2.3 million in the first half of this year, it was announced on Tuesday. But CSA still looks set to post a loss of several hundred million Czech crowns this year due to rising fuel prices. However, the head of Czech Airlines, Jaroslav Tvrdik, said the situation could improve, depending on oil prices in the second half of the year.

Author: Ian Willoughby